Market & Industry
Harmony Auto signs strategic agreement with China Continent Insurance
Harmony Auto signs strategic agreement with China Continent Insurance

On January 15, 2018, China Harmony New Energy Auto Holding Limited (Harmony Auto) and China Continent Property and Casualty Insurance Co., Ltd. (CCIC) signed a strategic cooperation agreement in Zhengzhou, Henan Province.

Jan. 16 , 2018
Lifan annual sales reaches around 133,000 in 2017
Lifan annual sales reaches around 133,000 in 2017

According to Lifan Industry (Group) Co., Ltd. (Lifan), it sold over 28,000 vehicles in December 2017, soaring 76.4% year on year. Besides, Lifan reached an annual sales volume of around 133,000 units, among which more than 7,000 units of NEVs.

Jan. 16 , 2018
Yudo to build island for driverless vehicles
Yudo to build island for driverless vehicles

It is reported that the municipal government of Putian City, Fujian Province and Yudo New Energy Automobile Co.,Ltd (Yudo) plan to build Meizhou Island into an islet for driverless vehicles running.

Jan. 15 , 2018
BAIC BJEV to launch autonomous vehicles in 2018
BAIC BJEV to launch autonomous vehicles in 2018

On January 9, some BAIC BJEV's senior executives revealed in a interview that it plans to launch autonomous vehicles at the end of 2018 and also talked about its strategy for future development.

Jan. 15 , 2018
Zotye fails to complete 80% sales target in 2017
Zotye fails to complete 80% sales target in 2017

Zotye Auto released its 2017 sales on Jan.12, showing that the 2017 sales exceeded 300,000 units with a year-on-year drop of 4.8%, far beyond the average YoY sales increase of 1.4% in Chinese passenger vehicle market.

Jan. 12 , 2018
FAW-VW to produce 9 new models in 2018
FAW-VW to produce 9 new models in 2018

January 11, 2018, Liu Yigong, chairman and general-manager of FAW-Volkswagen (FAW-VW) stated that there are 9 new models will be put into production in 2018. The automaker will focus on SUV area and challenge the annual sales target of 2.1 million.

Jan. 12 , 2018