Market & Industry
China issues regulation for ICV to have autonomous driving function test
China issues regulation for ICV to have autonomous driving function test

On August 3, China’s Test Procedure of Autonomous Driving Functions on ICV (Trial) was jointly issued by the National Technical Committee of Auto Standardization and China Industry Innovation Alliance for the Intelligent and Connected Vehicles.

Aug. 7 , 2018
Top 4 Japanese automakers by July sales in China
Top 4 Japanese automakers by July sales in China

Gasgoo summarized the top 4 Japanese automakers by the sales volume they created in China last month. In July, Toyota transcended Nissan and took the championship by China sales.

Aug. 7 , 2018
Didi to invest $ 1 billion in rebranded auto services business
Didi to invest $ 1 billion in rebranded auto services business

Chinese ride-hailing giant Didi Chuxing announced on August 6 that it will invest $ 1 billion in its auto services business as part of a broader rebranding of the unit, aiming to provide car-owners with one-stop automobile services.

Aug. 7 , 2018
Chinese auto manufacturing industry gains net profit growth of 4.9% in H1
Chinese auto manufacturing industry gains net profit growth of 4.9% in H1

The National Bureau of Statistics revealed that Chinese auto manufacturing industry gained net profit of RMB 335.99 billion during the first half of 2018, representing a year-on-year growth of 4.9%.

Aug. 6 , 2018
Qoros Auto attains high YoY sales growth for 7 months in a row
Qoros Auto attains high YoY sales growth for 7 months in a row

Qoros Auto delivered 6,115 vehicles in July, achieving high year-on-year growth for 7 consecutive months since Baoneng Group joined as a new strategic investor, and handed over 36,639 vehicles for the first seven months in total.

Aug. 6 , 2018
Chery Holding July sales jump 26.5% year on year, NEV YTD sales skyrocket 229.9%
Chery Holding July sales jump 26.5% year on year, NEV YTD sales skyrocket 229.9%

Chery Holding Group reported a year-on-year sales jump of 26.5% with 55,880 vehicles delivered in July. For the first seven months, the group handed over a total of 399,000 vehicles by far this year.

Aug. 6 , 2018