Market & Industry
WM Motor EX5 volume car priced from RMB 186,550 to RMB 247,300
WM Motor EX5 volume car priced from RMB 186,550 to RMB 247,300

Chinese EV startup WM Motor officially announced on September 10 that the EX5 volume vehicle will be priced from RMB 186,550 to RMB 247,300, according to local media.

Sep. 11 , 2018
Top 4 Japanese automakers by August sales in China
Top 4 Japanese automakers by August sales in China

According to the sales data released by corresponding Japanese automakers or relevant media, Toyota took the championship by the August sales in China, closely followed by Nissan.

Sep. 10 , 2018
Changan Automobile sees bounce-back with Aug sales growing 4.3% MoM
Changan Automobile sees bounce-back with Aug sales growing 4.3% MoM

Chongqing Changan Automobile Co., Ltd (Changan Automobile) reported that its August sales slumped 34.6% year on year to 134,222 units, while edging up 4.3% from the previous month.

Sep. 10 , 2018
China beverage giant Wahaha said to join car-building game
China beverage giant Wahaha said to join car-building game

Hangzhou Wahaha Group (hereinafter referred to as Wahaha), the Chinese largest beverage producer, has reportedly tapped into the car-building business.

Sep. 7 , 2018
Didi suffers RMB 4.04 bln loss in first half, plows over RMB 10 bln into subsidy
Didi suffers RMB 4.04 bln loss in first half, plows over RMB 10 bln into subsidy

Chinese ride-hailing giant Didi Chuxing suffered an interim loss up to RMB4.04 billion in the first half of the year, 61% more than the annual loss of RMB 2.5 billion in 2017, according to a financial report obtained by local media.

Sep. 7 , 2018
BYD partners with 360 to build car security protection system
BYD partners with 360 to build car security protection system

BYD forged strategic partnership on September 5 with 360 Security Technology Inc., a Chinese Internet security company, to jointly create an intelligent car ecosystem by integrating resources of IoV, cybersecurity solution and IoT, etc.

Sep. 7 , 2018