Market & Industry
FAW Group records 20.4% growth in April new vehicle sales
FAW Group records 20.4% growth in April new vehicle sales

FAW Group saw its complete vehicle outputs in April jump 19.7% from a year ago to 342,333 units, and sold 330,503 vehicles during the same period with a vigorous year-on-year growth of 20.4%.

May 18 , 2020
China bans production of China Ⅴ light-duty vehicles from July 1, 2020
China bans production of China Ⅴ light-duty vehicles from July 1, 2020

Starting July 1, 2020, automakers in China will be forbidden to produce light-duty vehicles that comply with the China Ⅴ emission standards, and the stricter China Ⅵ is to be implemented nationwide, Chinese authorities announced on May 13.

May 16 , 2020
Tesla said to introduce China-built Model 3 powered by LiFePO4 battery
Tesla said to introduce China-built Model 3 powered by LiFePO4 battery

The China-made Tesla Model 3 powered by lithium iron phosphate (LiFePO4) batteries has reportedly appeared in a catalogue issued by China's Ministry of Industry and Information Technology (MIIT) on May 15.

May 15 , 2020
China’s Yiwu offers subsidy of up to RMB20,000 per car to shore up auto sales
China’s Yiwu offers subsidy of up to RMB20,000 per car to shore up auto sales

Yiwu, recognized as the world's largest small commodities market, has launched incentives to lift automobile sales in order to offset the COVID-19’s impact on local auto market.

May 13 , 2020
Hongqi’s new flagship H9 rolls off production line, to hit the market in June
Hongqi’s new flagship H9 rolls off production line, to hit the market in June

The H9, a brand-new flagship of Hongqi’s H series, has recently rolled off the production line, according to a local media outlet. The new full-sized sedan is now available for presale and will hit the market in June.

May 13 , 2020
FAW-Volkswagen says April deliveries climb 9.9% YoY
FAW-Volkswagen says April deliveries climb 9.9% YoY

FAW-Volkswagen boasts growth in April retail sales compared to both a year ago and a month ago.

May 12 , 2020