Market & Industry
Data Talk: China’s PV capacity utilization rate may shrink to 46% in 2019
Data Talk: China’s PV capacity utilization rate may shrink to 46% in 2019

Many PV manufacturers in China have not slowed the pace to expand their production capacities in the cloudy market environment,thus may exacerbate the problem of overcapacity.

Aug. 8 , 2019
Geely Automobile sees sales in July down by 24% over prior-year
Geely Automobile sees sales in July down by 24% over prior-year

Geely Automobile Holding Limited announced on August 7 that its total sales volume (including Lynk & Co-branded vehicles) in July 2019 reached 91,375 units, a year-on-year decrease of roughly 24%.

Aug. 7 , 2019
BYD’s NEV sales in July present rare year-on-year decrease
BYD’s NEV sales in July present rare year-on-year decrease

BYD said on August 7 that its auto sales for the first seven months edged down 1.05% year on year to 259,057 units. Meanwhile, vehicle sales in July notably declined 16.96% over the previous year.

Aug. 7 , 2019
BAIC BJEV, Senova to be combined into a new brand “Beijing”
BAIC BJEV, Senova to be combined into a new brand “Beijing”

BAIC BJEV and Senova, a new energy vehicle brand and a fuel-burning automobile marque owned by China’s stated-owned BAIC Group, will be merged into a new brand “Beijing” with an all-new logo, according to local media outlets.

Aug. 6 , 2019
Great Wall Motors becomes first Chinese carmaker signing SPIC with Russian government
Great Wall Motors becomes first Chinese carmaker signing SPIC with Russian government

Great Wall Motors (GWM) became the first Chinese automaker that signs a special investment contract (SPIC) with the government of Russian Federation.

Aug. 5 , 2019
Honda announces record-breaking figure in July deliveries for China
Honda announces record-breaking figure in July deliveries for China

Japanese automaker Honda said the number of deliveries in China rose 9.4% year on year in July to 115,950 units, the best-ever figure in terms of July sales for the world’s largest auto market.

Aug. 5 , 2019