Market & Industry
Favorable joint-venture alternative energy vehicle policy will promote foreign auto companies’ expansion in China
Favorable joint-venture alternative energy vehicle policy will promote foreign auto companies’ expansion in China

Foreign companies are expected to accelerate the expansion pace on alternative energy vehicles in China this year, when favorable policies are consistently released.

Jun. 15 , 2017
Auto market enters into slack season with diving prices
Auto market enters into slack season with diving prices

Changan brand opens up the curtain of 2017 price cuts. Most Changan models began to lower sales prices during the Dragon Boat Festival, after Changan Ford Kuga and Changan Auchan CX70.

Jun. 14 , 2017
BYD will open up auto supply chain and sell power batteries to the market
BYD will open up auto supply chain and sell power batteries to the market

BYD is negotiating with several large passenger vehicle brands for the sales matter of power batteries. Wang said that, because power batteries are the key parts of electric vehicles, it takes a long time to match with downstream manufacturers.

Jun. 14 , 2017
JAC&VW First Model: Small SUV
JAC&VW First Model: Small SUV

On June 1, under the joint witness of the Prime Ministers of China and Germany, Volkswagen Group and Anhui JAC Automobile Group Co., Ltd. formally signed an agreement to set up a joint venture with each part holding 50% share.

Jun. 12 , 2017
Geely appoints Nan Shengliang as International Company’s General Manager to explore overseas markets
Geely appoints Nan Shengliang as International Company’s General Manager to explore overseas markets

It’s learned that Nan Shengliang, Vice General Manger of Geely Automobile Sales Company, will be appointed as General Manager of Geely Group International Company to explore Geely’s overseas businesses.

Jun. 12 , 2017
Baidu COO: Apollo will surpass any loop systems in the future three or five years
Baidu COO: Apollo will surpass any loop systems in the future three or five years

President and COO of Baidu Group Lu Qi said on D.Live meeting that, Baidu will make a turnaround depending on the self-driving technologies Apollo. Lu Qi believes that it’s a competition between an open eco-system and other single companies.

Jun. 12 , 2017