Market & Industry
Review of major Chinese auto groups’ sales in February
Review of major Chinese auto groups’ sales in February

Due to the coronavirus spread, most Chinese automaker witness their sales slide precipitous in February. Among eight major automakers listed here, half of them posted year-on-year decrease of over 80%.

Mar. 25 , 2020
Zhejiang draws up plans to boost auto consumption due to COVID-19
Zhejiang draws up plans to boost auto consumption due to COVID-19

To unleash the potential of auto spending which is suppressed by the COVID-19 epidemic, Zhejiang provincial government also offered its solutions.

Mar. 25 , 2020
Source: Joyson Electronics receives RMB220 mln order for China-built Tesla Model Y
Source: Joyson Electronics receives RMB220 mln order for China-built Tesla Model Y

Ningbo Joyson Electronics Corp. (Joyson Electronics) has recently received a RMB220 million control electronics order from Tesla for the production of the Model Y, according to a local media report.

Mar. 24 , 2020
Guangzhou carries more measures to revive auto consumption
Guangzhou carries more measures to revive auto consumption

Guangzhou municipal government on March 20 carried a bill in a bid to introduce more practical policies to boost local auto consumption, which has been whittled down by the COVID-19 spread.

Mar. 23 , 2020
Xpeng Motors said to get car-building qualification through buyout of vehicle manufacturer
Xpeng Motors said to get car-building qualification through buyout of vehicle manufacturer

Chinese EV startup Xpeng Motors has reportedly obtained the car-building qualification by investing in a Guangzhou-based complete vehicle manufacturer.

Mar. 21 , 2020
Nissan’s joint venture with Dongfeng Motor resuming operation in Wuhan
Nissan’s joint venture with Dongfeng Motor resuming operation in Wuhan

Reportedly, Dongfeng Motor Company Limited (DFL), Nissan’s only joint venture in China, is working on the restart of operation and production in full swing.

Mar. 20 , 2020