Market & Industry
Qiantu Motor discloses car planning, to cover more segments in addition to roadster
Qiantu Motor discloses car planning, to cover more segments in addition to roadster

Qiantu Motor will roll out more new models based on its three major vehicle platforms, following the Qiantu K50, the automaker's EV roadster which officially hit the market on August 8, according to the startup's chairman Lu Qun.

Aug. 10 , 2018
Geely New Energy, State Grid EV Service team up to promote NEV development
Geely New Energy, State Grid EV Service team up to promote NEV development

Geely New Energy and State Grid Electric Vehicle Service Co., Ltd (State Grid EV) signed a cooperation agreement in Beijing on August 4 to jointly promote the new energy vehicle (NEV) development in China, according to local media.

Aug. 10 , 2018
China announces additional 25% tariff on $16 billion worth of U.S. goods
China announces additional 25% tariff on $16 billion worth of U.S. goods

The Chinese government said on August 8 that it will impose additional 25% import tariffs on $ 16 billion worth of U.S.-made goods to retaliate for the Trump administration’s latest import duties levied on an equivalent value of China-made goods.

Aug. 9 , 2018
China car imports plunge 22.1% YoY in H1 ahead of tariff change
China car imports plunge 22.1% YoY in H1 ahead of tariff change

China’s car import volume in the first half of 2018 apparently dropped 22.1% year on year to around 452,000 units. Especially, the automobile imports in June tumbled 87.1% to 15,000 units, according to the China Automobile Dealers Association (CADA).

Aug. 8 , 2018
Great Wall Motor suffers YoY sales skid of 21.33% to 54,334 units in July
Great Wall Motor suffers YoY sales skid of 21.33% to 54,334 units in July

Great Wall Motor (GWM) delivered 54,334 vehicles in July, sliding 21.33% over the previous year. During the past seven months, GWM’s cumulative sales reached 525,849 units, edging down 0.75% from a year ago.

Aug. 8 , 2018
FAW Group, BOE build partnership to develop vehicle display technology
FAW Group, BOE build partnership to develop vehicle display technology

Chinese state-owned automaker FAW Group and Boe Technology Group Co., Ltd (BOE) agreed a strategic partnership in recent days to jointly work on in-vehicle display technologies, according to local media.

Aug. 8 , 2018