Market & Industry
NIO starts delivery of all-new ES8 SUV
NIO starts delivery of all-new ES8 SUV

NIO started the delivery of the all-new ES8 all-electric SUV on April 19, three days after the mass-produced vehicle rolled off the production line at the at the JAC-NIO Advanced Manufacturing Center in Hefei.

Apr. 20 , 2020
Summary of Chinese mainstream automobile groups’ Q1 sales
Summary of Chinese mainstream automobile groups’ Q1 sales

China auto sales for the month of March tumbled 43.3% year on year to 1.43 million units, making the first-quarter (Q1) sales aggregate 3.672 million units with a 42.4% decrease, according to the China Association of Automobile Manufacturers (CAAM).

Apr. 20 , 2020
Tesla’s China operation entity moves to Shanghai Free Trade Zone
Tesla’s China operation entity moves to Shanghai Free Trade Zone

Tesla (Shanghai) Co.,Ltd., the operation entity of Tesla's China business, has moved to Shanghai Pilot Free Trade Zone (SHFTZ), marking that it will enjoy more preferential governmental policies to further facilitate its China trade.

Apr. 17 , 2020
Changan expected to gain profit in Q1 from the year-ago net loss
Changan expected to gain profit in Q1 from the year-ago net loss

Chongqing Changan Automobile Co., Ltd. (Changan) expects its 2020’s first-quarter (Q1) net profit attributable to shareholders reach RMB500 million to RMB750 million.

Apr. 16 , 2020
Jiangsu issues guidelines to revive automobile sales
Jiangsu issues guidelines to revive automobile sales

Jiangsu Provincial Government announced earlier this month its guidance measures to revive automobile consumption, which is hit hard by the coronavirus outbreak.

Apr. 15 , 2020
BYD’s semiconductor unit intends to go public
BYD’s semiconductor unit intends to go public

BYD announced it has completed the internal restructuring of its wholly-owned subsidiary Shenzhen BYD Microelectronics Co., Ltd. (BYD Microelectronics), which will seek to go public at an appropriate moment.

Apr. 15 , 2020