Market & Industry
Premium auto brands still defy downward market trend in October
Premium auto brands still defy downward market trend in October

A turnaround in national auto sales growth is unlikely in the short term, while most premium carmakers still performed better than a year ago.

Nov. 20 , 2019
Shanghai launches first batch of commercial hydrogen & oil filling stations
Shanghai launches first batch of commercial hydrogen & oil filling stations

​Two facilities that combine hydrogen refueling and retail sales of the conventional fuel oil, the first of its kind in Shanghai, were completed on November 18 and begun a trial run.

Nov. 20 , 2019
XPENG Motors’ charging business unit gets registered capital increased by RMB400 mln
XPENG Motors’ charging business unit gets registered capital increased by RMB400 mln

​The registered capital of a XPENG Motors' subsidiary, engaging in charging piles' manufacturing, has recently grown to RMB500 million (US$71.16 million) from RMB100 million (US$14.23 million).

Nov. 19 , 2019
SAIC Motor ambitious to break threshold of 1-million-unit overseas sales by 2025
SAIC Motor ambitious to break threshold of 1-million-unit overseas sales by 2025

China’s largest automaker SAIC Motor expects its overseas auto sales to reach 1 million units by 2025, according to a senior executive of the company, as more automakers are seeking growth in global businesses amid the slowdown in domestic market.

Nov. 15 , 2019
Summary of Chinese automakers’ Oct. sales
Summary of Chinese automakers’ Oct. sales

Affected by overall sluggish market climate, quite a few automakers in China also suffered prolonged decrease, while there were some companies, such as Great Wall Motor, Geely and Chery Holding, still performing against the general cooling trend.

Nov. 15 , 2019
Delivery giant SF Express likely to get qualification to make HD map
Delivery giant SF Express likely to get qualification to make HD map

SF Express, a China's leading express delivery giant, is likely to become the country’s first logistics company that is qualified to conduct paperless navigation surveying and mapping.

Nov. 14 , 2019