Market & Industry
Mercedes-Benz to roll out 15 new models in China in 2019
Mercedes-Benz to roll out 15 new models in China in 2019

In 2018, Mercedes-Benz sold a total of 674,125 vehicles (including Smart) in China with a YoY growth of 10.3%. The German premium car brand plans to roll out 15 new models in this country, including the new E-Class, the mid-cycle refresh GLC L.

Jan. 29 , 2019
Volvo’s 2019 model roll-out plan for China exposed, locally-produced XC40 is coming soon
Volvo’s 2019 model roll-out plan for China exposed, locally-produced XC40 is coming soon

In 2019, Volvo Cars plans to roll out several new models in China, including the China-made XC40, the imported all-new V60, the mid-cycle refresh XC90 as well as the all-new S60, Volvo Cars revealed in recent days.

Jan. 29 , 2019
BAIC BJEV, Huawei team up again on ICV, jointly set up innovation laboratory
BAIC BJEV, Huawei team up again on ICV, jointly set up innovation laboratory

On January 28, BAIC BJEV, a new energy vehicle business arm of BAIC Group, inked an agreement with Huawei to conduct a well-rounded business cooperation focusing on ICV based on the intention to improve the ecosystem of automotive industry.

Jan. 29 , 2019
NIO’s CEO Li Bin transfers 50 million privately-owned shares to build trust fund for users
NIO’s CEO Li Bin transfers 50 million privately-owned shares to build trust fund for users

Li Bin, founder, chairman and CEO of China-based EV startup NIO, transfers 50 million shares registered under his name as the capital of a trust fund built for NIO’s users, the startup announced on January 24.

Jan. 25 , 2019
Chery EXEED TX SUV rolls off production line, to go on sale at the end of March
Chery EXEED TX SUV rolls off production line, to go on sale at the end of March

Chery’s premium car brand EXEED, named “Xingtu” in Chinese, saw its first SUV mode, the EXEED TX, roll off the production line on January 24. The new model is going to hit the market at the end of March.

Jan. 24 , 2019
Lexus UX hits China’s market with 6 variants, priced between RMB268,000 and RMB371,000
Lexus UX hits China’s market with 6 variants, priced between RMB268,000 and RMB371,000

Toyota-owned premium car brand Lexus officially launched its all-new compact SUV model, the Lexus UX, into China’s market on January 23. Prices of 6 variants ranges between RMB268,000 and 371,000.

Jan. 24 , 2019