Governmental subsidizes on purchase of alternative energy vehicles of BYD, one of leading automakers in China, may decrease by 50%.
Jul. 27 , 2016Recently, news of Samsung SDI battery, used by JAC iEV6S, not being listed into Directory caused a great sensation in the market. Therefore, JAC is facing an embarrassment of halted national subsidiaries. But JAC has denied rumor that it will halt the production of iEV6S and announced that iEV6S will reload domestic batteries. In fact, none of the 57 battery companies listed in the fourth batch of Power Battery Company Directory is Japanese or Korean companies. It’s learned that models loading unlisted batteries will have one-year buffer time to reload listed batteries.
Jul. 27 , 2016There may be structural surplus in capacity of the industry of automobile in China, said National Development and Reform Commission, leading to concern about overcapacity.
Jul. 27 , 2016The number of automobiles has reportedly increased a lot in China in the first half of 2016 according to Chinese authorities.There have been 13.28 million units of vehicles of which licenses were newly registered by the end of June this year.
Jul. 24 , 2016About 6m units’ vehicles are recalled in the first half of year, doubling of the same period of last year. Luxury brands, including Maserati, Aston Martin, Porsche, also recalled vehicles in the period. Maserati recalled two times covering 40,800 units’ vehicles, while Porsche recalled once covering 108,900 units’ vehicles.
Jul. 24 , 2016There may be four platforms in Chery, one of leading automakers in China, for production of alternative energy vehicles including Arrizo 5.
Jul. 21 , 2016