Market & Industry
Domestic battery industry shows decentralized scale developments
Domestic battery industry shows decentralized scale developments

domestic battery industry is showing decentralized scale developments in both market share and volumes, denying the past conclusion that “Chinese battery industry is large but weak.”

Aug. 9 , 2017
Geely’s sales volume grows 88% year-on-year in July
Geely’s sales volume grows 88% year-on-year in July

Geely Group sells 91,104 units in July with a year-on-year growth of 88%, performing well in the market. Main models including New Emgrand, Yuanjing, NL-3 and Emgrand GS all show outstanding performances.

Aug. 8 , 2017
GWM sells 69,000 units in July, and WEY performs well
GWM sells 69,000 units in July, and WEY performs well

GWM sells 69,063 units in July, increasing 0.13% year-on-year. The total sales volume in the previous seven months reaches 529,806 units, growing 2.04% year-on-year.

Aug. 8 , 2017
JMC sold 17,400 in July, failed to breakthrough 7 consecutive months of 2 million units
JMC sold 17,400 in July, failed to breakthrough 7 consecutive months of 2 million units

On 3rd August , Jiangling Motors Co., Ltd. (hereinafter referred to as JMC) released the Auto Express in July 2017. It shows that in July, the sales of various types of vehicles were 17,401 units, with an increase of 2.77%.

Aug. 4 , 2017
GEM China increases investment of RMB 900m to its Jinmen subsidiary to support developments for recycling economy and alternative energy materials
GEM China increases investment of RMB 900m to its Jinmen subsidiary to support developments for recycling economy and alternative energy materials

GEM China released announcement on the night of August 2nd that the company planned to increase an investment of RMB 900m to its Jinmen subsidiary to further develop its businesses.

Aug. 4 , 2017
Sales volume of Domestic alternative energy vehicle may reach 750,000 units in 2017
Sales volume of Domestic alternative energy vehicle may reach 750,000 units in 2017

The Bluebook on alternative energy vehicles expects that sales volume of domestic and imported alternative energy vehicles will reach 750,000 units and 20,000 units respectively in 2017, with a total of 770,000 units.

Aug. 4 , 2017