Market & Industry
Hongqi unveils E-HS9 BEV, aims to launch 3 to 5 new models per year
Hongqi unveils E-HS9 BEV, aims to launch 3 to 5 new models per year

FAW Hongqi’s all-new large-sized all-electric SUV, the Hongqi E-HS9, made its world’s debut on July 28 with its presale kicking off at the same time.

Jul. 30 , 2020
GAC Group to start pilot operation of fuel cell vehicles in 2020
GAC Group to start pilot operation of fuel cell vehicles in 2020

On July 28, GAC Group offered the first glimpse of its first hydrogen fuel cell vehicle model, the Aion LX Fuel Cell, at the GAC Tech Day 2020.

Jul. 29 , 2020
Tencent’s in-car WeChat to be introduced into BMW’s vehicles
Tencent’s in-car WeChat to be introduced into BMW’s vehicles

German automaker BMW and Chinese Internet giant Tencent announced on July 27 that they have formed a new digital cooperation to introduce the “Tencent mini scenario” and the in-car WeChat application into BMW’s vehicles.

Jul. 28 , 2020
NIO adds used car distribution, brokerage onto business scope
NIO adds used car distribution, brokerage onto business scope

Shanghai NIO Automobile Sale Service Co.,Ltd., a wholly-owned subsidiary of NIO (Anhui) Holding Ltd., has added the distribution and brokerage of used cars on to its business scope, according to the corporate data platform Tianyancha.

Jul. 27 , 2020
Luxury auto brands move ahead of China’s overall PV sales recovery
Luxury auto brands move ahead of China’s overall PV sales recovery

Luxury brands defied the overall downward trend with their deliveries jumping 27% from a year ago to 246,236 units, versus the 5.1% and 17.3% decline in the sales of mainstream JV brands and China’s self-owned brands.

Jul. 27 , 2020
Faurecia partners with BAIC in China for Seating business
Faurecia partners with BAIC in China for Seating business

Faurecia, one of the world leading automotive technology companies, and BAIC, one of China’s largest automotive manufacturers, today announced the establishment of a new 50-50 joint venture in China.

Jul. 24 , 2020