Market & Industry
China’s PV deliveries projected to fall 8% YoY in June, CPCA
China’s PV deliveries projected to fall 8% YoY in June, CPCA

China’s PV retail sales (hereby referring to locally-produced cars, SUVs and MPVs) are estimated to drop 8% from a year ago to roughly 1.63 million units in June, according to China Passenger Car Association (CPCA).

Jun. 19 , 2020
Geely’s Geometry T BEV leaked
Geely’s Geometry T BEV leaked

The patent images of Geometry T, a yet-to-be-launched BEV model owned by Geely-owned EV brand Geometry, was recently unveiled by China’s Ministry of Industry and Information Technology (MIIT).

Jun. 18 , 2020
Summary of Chinese mainstream automobile groups’ May sales
Summary of Chinese mainstream automobile groups’ May sales

Amid the general resilient milieu, quite a few mainstream automakers in China logged double-digit growth in their May sales, such as FAW Group, Dongfeng Motor, Changan, Geely Auto and JAC Motor.

Jun. 18 , 2020
BYD Semiconductor to raise 800 million yuan from 30 investors
BYD Semiconductor to raise 800 million yuan from 30 investors

BYD Company Limited (BYD) announced on June 15 its subsidiary BYD Semiconductor Co.,Ltd. has introduced another 30 strategic investors, which will give it significant impetus to the process of becoming a publicly-listed company.

Jun. 16 , 2020
Great Wall Motor, Spotlight ink framework agreement for R&D, product development services
Great Wall Motor, Spotlight ink framework agreement for R&D, product development services

Great Wall Motor and Spotlight signed on June 12 a framework agreement for the transactions of product development, plant construction and management, manufacturing technique development, product procurement and consultation service.

Jun. 16 , 2020
NIO refutes online rumor about JAC-NIO plant’s fire
NIO refutes online rumor about JAC-NIO plant’s fire

Chinese EV startup NIO on June 14 refuted an online rumor which said a fire took place at the JAC-NIO production base in Hefei, where NIO’s ES8 and ES6 SUVs are manufactured.

Jun. 15 , 2020