Market & Industry
China’s vehicle sales in Q1 decline 11.32% year on year, CAAM
China’s vehicle sales in Q1 decline 11.32% year on year, CAAM

China’s vehicle outputs and sales in March reached 2,558,000 units and 2,520,000 units, down by 2.73% and 5.18% year on year, according to the China Association of Automobile Manufacturers (CAAM).

Apr. 12 , 2019
Changan Automobile Q1 sales slump 31.8% from a year ago
Changan Automobile Q1 sales slump 31.8% from a year ago

Chongqing Changan Automobile Co.,Ltd (Changan Automobile) announced a year-on-year drop of 26.9% in March sales. For the first three months of the year, the automaker saw its cumulative sales tumble 31.8% year on year to 448,811 units.

Apr. 12 , 2019
Mitsubishi Motors Lineup at Auto Shanghai 2019– Mitsubishi e-Yi Concept  makes Asia debut
Mitsubishi Motors Lineup at Auto Shanghai 2019– Mitsubishi e-Yi Concept makes Asia debut

Mitsubishi Motors Corporation (MMC) will be exhibiting a number of models to an "Urban Ambitious Life" theme at the 18th Shanghai International Automobile Industry Exhibition*1 to be held from April 16 through April 25.

Apr. 12 , 2019
CHJ Automotive begins to accept orders of Leading Ideal ONE, priced at RMB328,000
CHJ Automotive begins to accept orders of Leading Ideal ONE, priced at RMB328,000

The Leading Ideal ONE, a NEV brand operated by Chinese EV startup CHJ Automotive, announced on April 10 that its first model, the IDEAL ONE, will be priced at RMB328,000 after subsidy.

Apr. 10 , 2019
China’s PV wholesale volume in Q1 drops 14.2% from a year ago
China’s PV wholesale volume in Q1 drops 14.2% from a year ago

China’s PV wholesale volume in March dropped 9.7% year on year to 1,917,129 units and totaled 5,147,168 units for the first quarter, declining 14.2% over the year ago period(PV hereby refers to car, MPV and SUV), according to the CPCA.

Apr. 10 , 2019
BYD sees NEV sales in March skyrocket 115.6% year on year
BYD sees NEV sales in March skyrocket 115.6% year on year

BYD Company Limited (BYD) announced that it sold 46,825 vehicles in March, achieving a year-on-year growth of 8.5% and a month-on-month surge of 74.5%.

Apr. 9 , 2019