Market & Industry
China’s PV retail sales forecasted to grow 8% year on year in Sept.
China’s PV retail sales forecasted to grow 8% year on year in Sept.

China’s retail sales of homegrown PVs (hereby referring to cars, SUVs and MPVs) are anticipated to grow 8% year on year to roughly 1.915 million units in September, according to the China Passenger Car Association (CPCA).

Sep. 21 , 2020
Top 10 locally-produced PV, car, SUV models in China by Aug. wholesales
Top 10 locally-produced PV, car, SUV models in China by Aug. wholesales

Among the top 10 locally-produced PV models by Aug. wholesale volume, there were seven car models, two SUV models and one MPV model.

Sep. 18 , 2020
Dongfeng’s premium EV brand VOYAH to launch concept of first mass-produced model at Auto China 2020
Dongfeng’s premium EV brand VOYAH to launch concept of first mass-produced model at Auto China 2020

VOYAH, a young brand embodying Dongfeng Motor’s ambition to move upscale in EV area, is going to showcase the concept of its first mass-produced model at the Auto China 2020 that is to kick off next week.

Sep. 17 , 2020
Evergrande Auto wishes to raise HK$4 billion by introducing investors including DiDi
Evergrande Auto wishes to raise HK$4 billion by introducing investors including DiDi

Evergrande Auto announced on September 15 that it has entered into top-up placing arrangements to introduce international investors including Tencent Holdings Limited, Sequoia Capital, Yunfeng Fund and DiDi Chuxing, raising HK$4 billion.

Sep. 15 , 2020
Baidu showcases newest autonomous car without safety driver
Baidu showcases newest autonomous car without safety driver

At the Baidu World 2020, Baidu showcased the newest autonomous car it jointly developed with Hongqi, FAW Group's premium car brand, which has no safety driver behind the steering wheel.

Sep. 15 , 2020
China’s CATL announces $1.5 billion overseas bond issuance
China’s CATL announces $1.5 billion overseas bond issuance

Chinese battery giant announced on Sept. 12 a successful issuance of $1.5 billion in senior dual-tranche fixed rate bonds in overseas market, which is regarded as part of efforts to improve its global deployment.

Sep. 14 , 2020