Market & Industry
China’s homegrown PV Aug. wholesale volume slides 8% YoY, CPCA
China’s homegrown PV Aug. wholesale volume slides 8% YoY, CPCA

China’s PV wholesales volume declined 8% over the previous year to 1,648,283 units in August, while climbed 6% compared with the July performance, according to the China Passenger Car Association (CPCA).

Sep. 9 , 2019
BYD’s NEV sales growth still remains negative in August
BYD’s NEV sales growth still remains negative in August

Sales at BYD fell 13.95% to 36,009 units in August, versus the 16.96% year-on-year drop in July sales, according to the automaker’s latest sales report.

Sep. 9 , 2019
Zhejiang Geely pumps money into German flying taxi startup Volocopter
Zhejiang Geely pumps money into German flying taxi startup Volocopter

German flying taxi startup Volocopter announced it has raised 50 million euros ($55.13 million) in the first funding of Series C round, which was led by Zhejiang Geely Holding Group (Geely).

Sep. 9 , 2019
Summary of 4 major Japanese automakers’ China August sales, Toyota posts rare downturn
Summary of 4 major Japanese automakers’ China August sales, Toyota posts rare downturn

During the month of August, Toyota faced a rare year-on-year sales downturn in China with its sales driver Corolla hit by a severe decrease. Honda and Nissan still maintained a stable growth.

Sep. 6 , 2019
Policy for China auto industry's high-quality development to be released, MOFCOM
Policy for China auto industry's high-quality development to be released, MOFCOM

The targeted policies and measures to support a high-quality development of auto industry will be issued in a proper timing, said Ministry of Commerce spokesman Gao Feng on September 5, a significant signal to stimulate the growth of auto market.

Sep. 5 , 2019
CATL to offer cells to Bosch’s 48-volt power battery system
CATL to offer cells to Bosch’s 48-volt power battery system

CATL has forged a long-term strategic partnership with Bosch, one of world’s leading auto parts suppliers to offer its battery cells to the latter’s 48-volt power battery system, the Chinese battery giant announced on September 5.

Sep. 5 , 2019