Market & Industry
FAW-VW South China base annual capacity up to 600,000 units with completion of Foshan plant
FAW-VW South China base annual capacity up to 600,000 units with completion of Foshan plant

FAW-Volkswagen announced the completion of its Foshan plant’s second phase on June 22, which is expected to enhance the total production capacity of its South China base to 600,000 units on an annual basis.

Jun. 25 , 2018
Top 10 Luxury Car Brands by May Sales in China
Top 10 Luxury Car Brands by May Sales in China

According to the data released by corresponding automakers and the China Passenger Car Association (CPCA), Gasgoo summarizes major luxury vehicle brands’ China sales in May as below.

Jun. 25 , 2018
Banma, Qoros Auto team to develop ICV products, services
Banma, Qoros Auto team to develop ICV products, services

On June 22, Banma, the joint venture between Alibaba and SAIC Group that provides integral ICV (intelligent-connected vehicle) solutions, inked a strategic agreement with Qoros Auto to cooperate in ICV area.

Jun. 22 , 2018
Geely Auto all-new SUV model likely named Xingyue
Geely Auto all-new SUV model likely named Xingyue

A plug-in hybrid model dubbed “Xingyue (in Chinese)” of Geely Auto has appeared on the list released by China's Ministry of Industry and Information Technology (MIIT), which enumerates the 18th batch of models exempted from vehicle purchase tax.

Jun. 21 , 2018
Suning, BAIC Group talk on possible EV, mobility cooperation
Suning, BAIC Group talk on possible EV, mobility cooperation

On June 17, Zhang Jindong, Suning Holdings Group’s chairman, and BAIC Group’s chairman Xu Heyi discussed about the development landscape of EV industry in China during Xu’s visit to Nanjing.

Jun. 20 , 2018
AutoNavi, Alibaba Cloud jointly launch smart traffic strategy
AutoNavi, Alibaba Cloud jointly launch smart traffic strategy

Chinese mapping company AutoNavi, joining hands with Alibaba Cloud, a cloud computing subsidiary of Alibaba Group, launched the City Brain & Smart Transportation Strategic on June 19.

Jun. 20 , 2018