Market & Industry
Brilliance Auto may Sell Huasong Brand with Zero Monthly Sales Volume
Brilliance Auto may Sell Huasong Brand with Zero Monthly Sales Volume

Brilliance Auto's high-end brand Huasong is showing pessimistic market performance.

Oct. 9 , 2017
Ningbo Huaxiang Electronic participates in acquisition of Nissan Battery
Ningbo Huaxiang Electronic participates in acquisition of Nissan Battery

Recently, Ningbo Huaxiang Electronic Co. released an announcement, stating that it would cooperate with GSR Capital to achieve the expanded production of Nissan battery technologies in China.

Oct. 9 , 2017
Huayu Automotive System plans to acquire the other 50% equity of Shanghai Koito Automotive Lamp
Huayu Automotive System plans to acquire the other 50% equity of Shanghai Koito Automotive Lamp

On Sept. 28, Huayu Automotive System Co., Ltd. announced its acquirement of 50% equity of Shanghai Koito Automotive Lamp Co., Ltd.with RMB 1.716 billion.

Sep. 29 , 2017
Jingdong’s first unmanned light truck road tests in specified sections
Jingdong’s first unmanned light truck road tests in specified sections

Jingdong, a Chinese e-commerce company, launched unmanned light van. This is the first unmanned van product in domestic e-commerce and logistics field, and the van begins road test in specified sections.

Sep. 29 , 2017
Cost Survey for Electric Vehicles: Weak Profitability Relying on Subsidies
Cost Survey for Electric Vehicles: Weak Profitability Relying on Subsidies

New energy vehicles are still weak in profitability when compared with traditional vehicles. Relying heavily on governments’ subsidies, domestic new energy vehicles face declining sales volume this year when the preferential policy is cancelled.

Sep. 29 , 2017
CAAM vice president: the Implementation of Dual-Credit Policy should Break Local Protection
CAAM vice president: the Implementation of Dual-Credit Policy should Break Local Protection

All major auto companies and governments across the world are paying attention to the policy. The implementation of dual-credit policy should break local protection.

Sep. 29 , 2017