Market & Industry
Chery teams up with JD.com for one-stop car shopping service
Chery teams up with JD.com for one-stop car shopping service

Chery Automobile and JD AUTO, a car transaction platform owned by Chinese e-commerce giant JD.com, have recently built a strategic partnership to jointly explore vehicle new retail modes with finance, car source and big data as gateways.

Feb. 14 , 2019
First batch of Tesla Model 3 for China reaches Tianjin Port
First batch of Tesla Model 3 for China reaches Tianjin Port

The first batch of Tesla Model 3 vehicles is soon be to delivered to customers in China with the recent arrival of the cargo ship “Glovis Symphony” at Tianjin Port.

Feb. 13 , 2019
All-new BYD Song MAX with rotatable screen to go on sale in first half of 2019
All-new BYD Song MAX with rotatable screen to go on sale in first half of 2019

The Song Max is a MPV model developed by Chinese automaker BYD and its sales totaled over 140,000 units in 2018. The all-new BYD Song MAX is about to hit the market in the first half of the year, according to local media.

Feb. 13 , 2019
Nissan, Renault ally on establishment of Alliance Automobile R&D Company in Shanghai
Nissan, Renault ally on establishment of Alliance Automobile R&D Company in Shanghai

Japanese automaker Nissan and its French partner Renault have jointly set up an automobile R&D company in Shanghai, local media reported on February 11.

Feb. 12 , 2019
Geely Auto January sales edge up 2% from a year ago
Geely Auto January sales edge up 2% from a year ago

Geely Auto posts a year-on-year (YoY) growth of 2% with 158,393 vehicles delivered in January, the automaker said on February 11. Compared to the performance of last December, the automaker gained a remarkable jump of around 70%.

Feb. 11 , 2019
Baoneng Group’s shareholding in Qoros Auto increased to 63% from 51%
Baoneng Group’s shareholding in Qoros Auto increased to 63% from 51%

Kenon Holdings, one of primary investors of Qoros Auto, announced in January that it had transferred 12% stake in Qoros Auto to Baoneng Group, the other major investor of the Chinese automaker, at a consideration of RMB1.56 billion.

Feb. 11 , 2019