Market & Industry
China’s car parc amounts to 275 million units as of September 2020
China’s car parc amounts to 275 million units as of September 2020

China's motor vehicle parc amounted to roughly 365 million units by the end of September 2020, of which 275 million units are automobiles, according to China's the Ministry of Public Security.

Oct. 22 , 2020
GAC NE said to spin off Aion as independent brand
GAC NE said to spin off Aion as independent brand

Aion, the NEV brand of GAC New Energy Automobile Co.,Ltd (GAC NE), will be separated as an independent brand in November, which will run in parallel with GAC Trumpchi, according to a local media outlet.

Oct. 22 , 2020
Presale of Lynk & Co 01’s global version begins in China, Europe
Presale of Lynk & Co 01’s global version begins in China, Europe

Lynk & Co, part of Zhejiang Geely Holdings’ automotive portfolio that also includes Volvo Cars, Polestar and Lotus, started on Oct. 21 the presale of the global version of its Lynk & Co 01 compact SUV in China and Europe.

Oct. 22 , 2020
EV innovator Hozon Auto’s third production model Nezha V rolls off production line
EV innovator Hozon Auto’s third production model Nezha V rolls off production line

Nezha, the NEV brand owned by Chinese EV startup Hozon Auto, saw its third production model, the Nezha V, rolled off the production line on October 20, according to a posting on Nezha’s WeChat account.

Oct. 21 , 2020
September 2020 update: sales of Chinese mainstream automobile groups
September 2020 update: sales of Chinese mainstream automobile groups

he automobile groups hereby compiled by Gasgoo all achieved year on year sales growth in September, some of which, such as GAC group, Changan Auto, Geely Auto and JAC Motors, have gained growth for six straight months.

Oct. 20 , 2020
Great Wall Motor to build vehicle manufacturing base in Jingmen, Hubei province
Great Wall Motor to build vehicle manufacturing base in Jingmen, Hubei province

Great Wall Holdings Group Limited (Great Wall Holdings) held on October 19 the signing ceremony for the complete vehicle production base in Jingmen, Hubei Province, signifying a further expansion of Great Wall Motor's global manufacturing network.

Oct. 20 , 2020