Market & Industry
A-class vehicles in May: Arrizo 5 selling more than 10,000 units and self-owned brand market is shrinking

Compared with SUV and MPV models, self-owned brands have decreasing sales volume in A-class market and even car market. According to data from CAAM, sales volume of self-owned brands are decreasing 1.8 percentage points, and the accumulative market share in the previous five months is decreasing 2.7 percentage points.

Jun. 22 , 2016
Chinese auto enterprises are inviting talents with high salaries and spending heavily to buy tech giants’ offices in Silicon Valley

For the convenience of R&D in new products, more and more auto giants are gathering in Silicon Valley and staying closer to high-tech enterprises such as Google, Facebook, Microsoft and Apple. Chinese auto producers are also following the trend.

Jun. 20 , 2016
4,440 public charging piles in Beijing will apply TOU tariff scheme

According to China’s National Development and Reform Commission’s Notice regarding the Pricing on the Tariff of Electric Vehicles, all the public charging piles for electric vehicles in Beijing that are powered by the grid of State Grid Beijing Electric Power Company will be charged based on peak-valley TOU tariff, effective from June 15th.

Jun. 20 , 2016
Wkzuche acquired tens of million yuan in Series A round of financing

Wkzuche, a full-time B2P car rental platform in China, has announced that it has acquired tens of million yuan in Series A round of financing led by BOJIANG CAPITAL, and jointly followed by Zhen Fund, King Fund, Buttonwood Fund, and private investor Zhou Weihong, in this May, with an aim to become the leading company in the industry of road trips.

Jun. 20 , 2016