Market & Industry
NIO to launch ES3 in 2019 with same class as Audi Q3
NIO to launch ES3 in 2019 with same class as Audi Q3

NIO, a China’s electric vehicle (EV) startup, will unveil its 3rd production model dubbed ES3 in 2019, according to local media. The ES3 is positioned to be a 5-seat compact SUV with the same class as Audi Q3.

Mar. 9 , 2018
Dongfeng Renault, Alibaba reach strategic cooperation in three areas
Dongfeng Renault, Alibaba reach strategic cooperation in three areas

Dongfeng Renault and Alibaba will cooperate in F1 racing car, technology and e-commerce, according to Chen Xi, vice president of marketing and sales at Dongfeng Renault.

Mar. 9 , 2018
Great Wall Motor February sales slumps 24.72% YoY to 58336 units
Great Wall Motor February sales slumps 24.72% YoY to 58336 units

Great Wall Motor Company Limited (Great Wall Motor) delivered 58,336 vehicles in February, decreasing 24.72% year on year.

Mar. 8 , 2018
FAW, Audi signs MoUs on establishing two new companies
FAW, Audi signs MoUs on establishing two new companies

China FAW Group Corporation (FAW) signed two MoUs on establishing two new companies with Volkswagen AG and Audi AG on Mar. 7 in Geneva.

Mar. 8 , 2018
Didi, BAIC Group sign strategic agreement to promote carsharing operation
Didi, BAIC Group sign strategic agreement to promote carsharing operation

On March 7th, Didi, a China’s ride-hailing giant, announced that it signs a strategic cooperation agreement with the state-owned automaker BAIC Group to jointly extend businesses in NEV and carsharing areas.

Mar. 8 , 2018
2018 Haval H7 hits market with price range between RMB 152,000 and RMB 163,000
2018 Haval H7 hits market with price range between RMB 152,000 and RMB 163,000

Great Wall Motors announced that the 2018 Haval H7 hit the market on Mar. 6 with price range between RMB 152,000 and RMB 163,000.

Mar. 7 , 2018