Market & Industry
Ford China begins taking pre-orders for its first full battery electric SUV Territory EV
Ford China begins taking pre-orders for its first full battery electric SUV Territory EV

Ford Motor Company today announced it will begin taking pre-orders for its new China-exclusive, fully electric SUV Territory EV. This is also the first full battery electric midsize SUV developed by a joint-venture OEM in China.

Jul. 18 , 2019
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY
BAIC Group says H1 2019 car sales reach 1.109 million, semi-annual profit grow 4.4% YoY

BAIC Group announced on July 15 via its WeChat account it vehicle sales for the first half of 2019 reached 1.109 million units, outperforming the overall auto industrial level in China by 4.6 percentage points.

Jul. 18 , 2019
H1 2019 sales summary for mainstream premium car brands' China market
H1 2019 sales summary for mainstream premium car brands' China market

The China Passenger Car Association (CPCA)'s data showed that retail sales of China's locally-produced premium car brands totaled 193,848 units in June with a year-on-year jump of 24.9%.

Jul. 17 , 2019
EV battery supplier CATL says H1 net profit likely to surge 120%-150% year on year
EV battery supplier CATL says H1 net profit likely to surge 120%-150% year on year

Chinese EV battery maker CATL forecast a net profit of RMB2,004,099,400 to RMB2,277,385,700 attributable to shareholders of the public company for the first half of 2019, a year-on-year leap of 120% to 150%.

Jul. 15 , 2019
Changan Automobile forecasts 218.04% to 261.53% year-on-year plunge in 2019 semi-annual net profit
Changan Automobile forecasts 218.04% to 261.53% year-on-year plunge in 2019 semi-annual net profit

Changan Automobile released a review of its 2019 semi-annual performance on July 15, with an expected net loss of around RMB1.9 billion to RMB2.6 billion attributable to shareholders of the public company, plunging 218.04% to 261.53% year on year.

Jul. 15 , 2019
BMW, NavInfo bolster partnership in HD map service for autonomous cars
BMW, NavInfo bolster partnership in HD map service for autonomous cars

BMW China Automotive Trading Ltd. announced on July 15 it has agreed cooperation with NavInfo, a Beijing-based navigation map provider, who will provide BMW’s China branch with high-definition (HD) map service for autonomous vehicles.

Jul. 15 , 2019