Market & Industry
WM Motor, Meituan Dache enters into strategic partnership for ride-hailing service
WM Motor, Meituan Dache enters into strategic partnership for ride-hailing service

On January 30, China-based EV startup WM Motor forged a strategic partnership with Meituan Dache, a ride-haling service platform operated by China’s largest on-demand food delivery service provider Meituan Dianping.

Jan. 31 , 2019
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits
SAIC Motor predicts YoY growth of 4.6% in 2018 net profits

SAIC Motor predicted that its net profits attributable to shareholders of listed company total around RMB3.6 billion in 2018, up by nearly 4.6% compared with the 2017’s record year.

Jan. 31 , 2019
Summary: 2018 sales in China for mainstream luxury carmakers
Summary: 2018 sales in China for mainstream luxury carmakers

According to the resultant sales performance announced by premium car makers and the China Passenger Car Association (CPCA), Audi finally transcended Mercedes-Benz, taking the championship in terms of single brand’s 2018 sales in China.

Jan. 30 , 2019
Volvo’s 2019 model roll-out plan for China exposed, locally-produced XC40 is coming soon
Volvo’s 2019 model roll-out plan for China exposed, locally-produced XC40 is coming soon

In 2019, Volvo Cars plans to roll out several new models in China, including the China-made XC40, the imported all-new V60, the mid-cycle refresh XC90 as well as the all-new S60, Volvo Cars revealed in recent days.

Jan. 29 , 2019
BAIC BJEV, Huawei team up again on ICV, jointly set up innovation laboratory
BAIC BJEV, Huawei team up again on ICV, jointly set up innovation laboratory

On January 28, BAIC BJEV, a new energy vehicle business arm of BAIC Group, inked an agreement with Huawei to conduct a well-rounded business cooperation focusing on ICV based on the intention to improve the ecosystem of automotive industry.

Jan. 29 , 2019
Nissan’s 2019 sales target in China remains at 1.6 million unit
Nissan’s 2019 sales target in China remains at 1.6 million unit

Nissan Motor said its 2019 sales target in China remains at 1.6 million units, the same as the 2018 goal, said Makoto Uchida, senior vice president of Nissan and president of Dongfeng Motor Company Limited.

Jan. 28 , 2019