Market & Industry
CATL starts construction of RMB10 billion power battery base in Yibin
CATL starts construction of RMB10 billion power battery base in Yibin

China-based battery maker CATL kicked off on December 24 the construction of its power battery manufacturing base in Yibin, Sichuan province, which features an expected annual capacity of 30GWh, according to a local media report.

Dec. 27 , 2019
Baojun’s first model with Huawei HiCar solution coming
Baojun’s first model with Huawei HiCar solution coming

Baojun, a Chinese automobile marque owned by a joint venture of General Motors and SAIC Motor, SAIC-GM-Wuling Automobile, is going to launch its first mass-made model equipped with Huawei HiCar solution on December, 29 in Shenzhen.

Dec. 27 , 2019
Hongqi says 2019 YTD sales exceed 100,000 units
Hongqi says 2019 YTD sales exceed 100,000 units

Hongqi, the premium car brand of FAW group, announced its 2019 cumulative sales have surpassed 100,000 units as of December 26, versus a sale volume of 33,028 units for the year of 2018.

Dec. 26 , 2019
BAIC Motor to invest in national NEV tech innovation center to speed up innovation
BAIC Motor to invest in national NEV tech innovation center to speed up innovation

BAIC Motor on December 24 agreed with other investors to add capital to the National New Energy Vehicle Technology Innovation Center (National NEV Tech Innovation Center).

Dec. 25 , 2019
Chery’s Jetour to roll out five new models in 2020
Chery’s Jetour to roll out five new models in 2020

Jetour, a PV brand launched in 2018 by Chery Commercial Vehicle, will roll out five new models in 2020, according to a local media report, as part of efforts to achieve the monthly sales goal of 20,000 units.

Dec. 24 , 2019
Preview of new models to be launched in 2020 by Changan, GAC Motor, Geely
Preview of new models to be launched in 2020 by Changan, GAC Motor, Geely

Gasgoo hereby compiled the 2020 product launch plan of three major China’s indigenous automakers. Changan focuses evenly balanced between SUVs and sedans, while GAC Motor and Geely Automobile more highlight SUVs.

Dec. 24 , 2019