Market & Industry
Trumpchi’s sales decline brings down GAC Group’s first-half revenue
Trumpchi’s sales decline brings down GAC Group’s first-half revenue

GAC Group posted double-digit year-over-year decrease in both first-half revenue and net profit, according to the automaker’s interim report.

Sep. 2 , 2019
Changan Automobile posts 239.17% plunge in H1 profit amongst sales volume drop
Changan Automobile posts 239.17% plunge in H1 profit amongst sales volume drop

Changan Automobile said its first-half revenue dropped 16.18% over the prior-year to RMB29.876 billion, while it posted a loss in shareholders’ net profit of RMB2.24 billion, a year-on-year plunge of 239.17%.

Sep. 2 , 2019
Baidu Map opens up platform to NIO’s valet charging service
Baidu Map opens up platform to NIO’s valet charging service

From August 29, users are allowed to utilize NIO Power’s valet charging service “One Click for Power” through the app Baidu Map, a desktop and mobile mapping solution created by Chinese search engine giant Baidu.

Aug. 30 , 2019
Evergrande’s NEV brand name first seen at a football match
Evergrande’s NEV brand name first seen at a football match

China Evergrande Group, the Chinese property giant which is also famous for its crossover car building moves, unveiled its NEV brand name on August 28 at the AFC Champions League quarter-final.

Aug. 29 , 2019
Data Talk: Japanese PV sales grow in China against overall downturn
Data Talk: Japanese PV sales grow in China against overall downturn

Gasgoo’s Data Talk is to end with the chapter of Japanese PV brands.

Aug. 28 , 2019
BAIC Motor posts 14.1% growth in first-half revenue, while net profit slides
BAIC Motor posts 14.1% growth in first-half revenue, while net profit slides

BAIC Motor Corporation Limited (BAIC Motor) reported a year-on-year jump of 14.1% in the first-half revenue, while its semi-annual net profit slumped 25.9% from a year ago.

Aug. 28 , 2019