Market & Industry
“Smart” Wuling to Debut on the Chinese Market

SGMW, one of leading automakers in China, may bring E100 to the market, the first mode of alternative energy vehicle, by the end of 2016. E100 seems more like Benz-Smart. Price of the new mode may be no less than RMB 40,000 yuan.

Jul. 9 , 2016
Supported by Boyue and Emgrand GS’s growths, Geely’s sales volume increases 41% in June

According to Geely’s latest data, Boyue and Emgrand GS sell 8,142 and 4,600 units in June respectively, driving Geely’s sales volume to increase 41%. Geely has a total sales volume of 280,000 units in the first half of year, accomplishing 47% of the annual target. Geely sells 46,574 units vehicles in June, increasing 40.8% with the same period of last year and 2% with May. The single monthly growth has reached a new historical high.

Jul. 7 , 2016
Alibaba jointly releases OS’ cars with SAIC Motor, starting “Internet of Everything” Era

Alibaba Group jointly released OS’ Car with SAIC Motor in Hangzhou on July 6th, beginning the reform of auto industry.Roewe RX5, the first global OS’ Car which can have a mass production, made its debut on the conference. The press announced that Roewe RX5 was priced at RMB 99,800 to 186,800.

Jul. 7 , 2016
Hanergy releases Solar Car, and distance from lab to road still exists

Hanergy releases four electric vehicles driven by solar power. Different from previous lab samples, Hanergy claims the new car has possibilities to be launched into market. The four solar cars are Hanergy Solar A, Hanergy Solar O, Hanergy Solar L and Hanergy Solar R.

Jul. 5 , 2016
Alternative Energy Vehicles may be helpless for HawTai Motor to get out of trouble

Currently, HawTai’s first BEV SUV xEV260 is launched into market with three models, officially priced at RMB 249,800 to 272,800. Calculated with a 1:1 national and local subsidiary, the models will have a price of RMB 139,800 to 162,800.

Jul. 5 , 2016
Hyundai KIA decide to increase market shares in China, seizing for high-end market

Hyundai and KIA groups have lukewarm performances in China in recent years. Hyundai released Q1, 2016 financial report in April, showing that it has a net profit of Won 1,687b, decreasing 12%. It’s the ninth consecutive quarter of sales decrease. Report also analyses that the reason comes in bad sales volume in China market.

Jul. 5 , 2016