SGMW, one of leading automakers in China, may bring E100 to the market, the first mode of alternative energy vehicle, by the end of 2016. E100 seems more like Benz-Smart. Price of the new mode may be no less than RMB 40,000 yuan.

According to Geely’s latest data, Boyue and Emgrand GS sell 8,142 and 4,600 units in June respectively, driving Geely’s sales volume to increase 41%. Geely has a total sales volume of 280,000 units in the first half of year, accomplishing 47% of the annual target. Geely sells 46,574 units vehicles in June, increasing 40.8% with the same period of last year and 2% with May. The single monthly growth has reached a new historical high.

Alibaba Group jointly released OS’ Car with SAIC Motor in Hangzhou on July 6th, beginning the reform of auto industry.Roewe RX5, the first global OS’ Car which can have a mass production, made its debut on the conference. The press announced that Roewe RX5 was priced at RMB 99,800 to 186,800.