Market & Industry
FMC successfully finances $ 200 million, the first model will be launched in the end of 2019
FMC successfully finances $ 200 million, the first model will be launched in the end of 2019

It is reported by foreign media that Dai Lei (Daniel Kirchert), the co-founder and president of the newly-established electric car company FMC (Future Mobility Corp) says that in the latest round of financing.

Aug. 17 , 2017
Hottest SUV models in July: Baojun 510 approaching H6 and two Geely models being listed
Hottest SUV models in July: Baojun 510 approaching H6 and two Geely models being listed

Recently released auto sales volumes show that the hot SUV market still keeps a high growth rate in July. Data shows that the domestic passenger vehicles have a sales volume of 1.66m units in July with year-on-year growth of 5.7%.

Aug. 17 , 2017
Chengdu will continue to Create an Auto Industrial Cluster
Chengdu will continue to Create an Auto Industrial Cluster

The saturated eastern auto market is stimulating western auto market to release its potential in the past several years. In the future, Chengdu will continue to create an auto industrial cluster, running up to form a domestic first-rate auto industry

Aug. 17 , 2017
Geely’s half-year profit doubled to $649 million
Geely’s half-year profit doubled to $649 million

According to the data released, the company’s operation revenue reached RMB 39.42 billion (about $5.88 billion) with a significant increase of 118%; the net profit came to 4.34 billion yuan ($648.96 million), up 128% year on year.

Aug. 16 , 2017
Dongfeng Venucia signed Internet-car Cooperative Agreement with AMAP
Dongfeng Venucia signed Internet-car Cooperative Agreement with AMAP

Dongfeng Venucia signed a cooperative agreement with AMAP in Beijing on August 14th to conduct comprehensive cooperation in Internet-car area.In fact, Dongfeng Venucia released a product similar to car smart butler in the year 2015.

Aug. 15 , 2017
SAIC Volkswagen will invest in 1.4T PHEV systems with Annual Capacity of 110,000 units
SAIC Volkswagen will invest in 1.4T PHEV systems with Annual Capacity of 110,000 units

Auto sales in domestic and global markets are showing slowing growths in the year 2017, let alone the large decrease in many auto companies. Volkswagen and Skoda brands have a total sales volume exceeding 970,000 units in the first half year.

Aug. 15 , 2017