Market & Industry
XPENG Motors likely to mass produce cars in 2020
XPENG Motors likely to mass produce cars in 2020

Guangdong Junhui Automotive Technology announced that the company has received the sign-on instruction to open a new mould from XPENG Motors. Besides, it predicts that the EV startup will start to mass produce vehicles in 2020.

Jun. 13 , 2018
SST Qiangfeng changes name, new progress for BAIC BJEV to be listed on A-share market
SST Qiangfeng changes name, new progress for BAIC BJEV to be listed on A-share market

On June 12, SST Qianfeng has officially changed its name as BeiJing QianFeng Electronic Co.Ltd and settled in “China Blue Valley” (“Lan Gu" in Chinese) of Beijing Economic Technological Development Area, where the BAIC BJEV headquarters.

Jun. 13 , 2018
Sokon to boost capital at Jinkang New Energy to RMB 4 billion
Sokon to boost capital at Jinkang New Energy to RMB 4 billion

Chongqing Sokon Industry Group Stock Co., Ltd (Sokon) will increase another RMB 3 billion to Chongqing Jinkang New Energy Vehicle Co., Ltd (Jinkang New Energy) with the subsidiary’s registered capital increased to RMB 4 billion.

Jun. 13 , 2018
Faurecia, FAW Group cooperate to develop future cockpit, clean mobility solutions
Faurecia, FAW Group cooperate to develop future cockpit, clean mobility solutions

Faurecia signed a strategic cooperation framework agreement with the state-owned Chinese automaker FAW Group on June 11 to jointly develop cockpit innovative technologies and the solutions of Faurecia Clean Mobility (FCM).

Jun. 12 , 2018
China MPV market undergoes YoY sales slide of 5.8% in May
China MPV market undergoes YoY sales slide of 5.8% in May

China MPV market saw YoY sales drop of 5.8% to 134,400 units in May. The cumulative sales of MPVs reached 731,400 units from January to May with a YoY sales slide of 12%, according to the data released by the China Passenger Car Association (CPCA).

Jun. 12 , 2018
Geely, CASIC likely to join forces to develop hyperloop train
Geely, CASIC likely to join forces to develop hyperloop train

Zhejiang Geely Holding Group (Geely) and China Aerospace Science & Industry Corp. (CASIC) has a discussion on June 8 about industrial cooperation and the commercialization of aerospace research achievements.

Jun. 12 , 2018