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 , 2019Sales 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 , 2019German 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 , 2019During 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 , 2019The 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 , 2019CATL 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.
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