Market & Industry
Toyota presses ahead with electrification, mobility service in China
Toyota presses ahead with electrification, mobility service in China

Toyota, the old-line automaker obviously knows that the “four trends” (electrification, intelligence, connectivity and sharing) are crucial to its long-term sustainable development in this country.

Dec. 30 , 2019
HYCAN's first production model "007" priced from RMB260,000 for presale
HYCAN's first production model "007" priced from RMB260,000 for presale

HYCAN, the EV brand launched by GAC NIO New Energy Automotive Co.,Ltd (GAC NIO), officially announced the name of its long-waited first mass-produced model.

Dec. 27 , 2019
China-built Tesla Model 3 exempted from vehicle purchase tax on NEVs
China-built Tesla Model 3 exempted from vehicle purchase tax on NEVs

The Model 3 locally-produced by Tesla (Shanghai) Co.,Ltd has been exempted from the vehicle purchase tax on NEVs, according to a filing released by China’s Ministry of Industry and Information Technology (MIIT) on December, 27.

Dec. 27 , 2019
New progress made to launch of FAW Audi sales company
New progress made to launch of FAW Audi sales company

In early December, the name of FAW-Audi Sales Co.,Ltd appeared in the announcement on registration of enterprises’ names issued by China’s State Administration for Market Regulation (SAMR).

Dec. 26 , 2019
China proposes again to relax auto purchase curbs
China proposes again to relax auto purchase curbs

The State Council said in a proposal issued on December 24 that local governments that have restrictions on car purchases should loosen the regulations on those curbs.

Dec. 26 , 2019
China’s auto parallel imports in Jan.-Nov. jump 13.8% year on year
China’s auto parallel imports in Jan.-Nov. jump 13.8% year on year

Auto parallel imports jumped 13.8% year on year to 151,752 units in Jan.-Nov. period, accounting for 15.4% of the country’s total car imports, according to a report released by Sinomach Automobile Co.,Ltd.

Dec. 25 , 2019