Market & Industry
TOP 10 vehicle models by November sales
TOP 10 vehicle models by November sales

In November, China’s sales of passenger vehicles (PV) were 2.55 million, a slight increase of 0.2 percent year on year, according to the China Passenger Car Association (CPCA).

Dec. 19 , 2017
BYD: PHEV is more suitable for market than BEV currently
BYD: PHEV is more suitable for market than BEV currently

On December 15, BYD officials said in an interview that since there are not enough charging piles, plug-in hybrid electric vehicles (PHEV) seem more suitable for the current market.

Dec. 19 , 2017
CAPSA undergoes personnel change again
CAPSA undergoes personnel change again

According to local media from official CAPSA, Shen Mingjun will retain his position and serve as the general manager of CAPSA Sales Company.

Dec. 18 , 2017
Alibaba  teams up with BMW to develop smart voice-activated speaker
Alibaba teams up with BMW to develop smart voice-activated speaker

BMW China announced on Dec. 16 that they teamed up with Alibaba, China’s Internet giant, to develop smart voice-activated speaker, which will help realize the function of remote voice control for vehicles.

Dec. 18 , 2017
FF reportedly manages to raise 1 billion dollars
FF reportedly manages to raise 1 billion dollars

On December 13, Jia Yueting, FF’s main financial backer announced at an internal meeting that after negotiating with investors for nearly one month, Faraday Future succeeded in raising over 1 billion dollars in its A round financing.

Dec. 18 , 2017
NIO first mass-production model starts at RMB 275,400
NIO first mass-production model starts at RMB 275,400

ES8, NIO’s first mass-production vehicle, was officially launched today in Beijing. At the launching ceremony, the Shanghai-based electric vehicle start-up unveiled the model’s price and presented many marvellous features and services, such as its sw

Dec. 16 , 2017