Market & Industry
Hanergy releases Solar Car, and distance from lab to road still exists

Hanergy releases four electric vehicles driven by solar power. Different from previous lab samples, Hanergy claims the new car has possibilities to be launched into market. The four solar cars are Hanergy Solar A, Hanergy Solar O, Hanergy Solar L and Hanergy Solar R.

Jul. 5 , 2016
Alternative Energy Vehicles may be helpless for HawTai Motor to get out of trouble

Currently, HawTai’s first BEV SUV xEV260 is launched into market with three models, officially priced at RMB 249,800 to 272,800. Calculated with a 1:1 national and local subsidiary, the models will have a price of RMB 139,800 to 162,800.

Jul. 5 , 2016
Hyundai KIA decide to increase market shares in China, seizing for high-end market

Hyundai and KIA groups have lukewarm performances in China in recent years. Hyundai released Q1, 2016 financial report in April, showing that it has a net profit of Won 1,687b, decreasing 12%. It’s the ninth consecutive quarter of sales decrease. Report also analyses that the reason comes in bad sales volume in China market.

Jul. 5 , 2016
Geely will publish high-end brands at the end of year and independent sales channels will be built

Geely will publish a “L” series high-end brand with Volvo at the end of year. The brand is positioned between Volvo and Geely and the first new model will be SUV. Yang Xueliang, PR Director of Geely Group, admits that, “Geely will launch a new high-end brand, competing with SAIC Volkswagen and other joint-venture brands.”

Jun. 30 , 2016
China’s Baidu Zhihui to Cooperate with Foton Motor

Baidu Zhihui Auto, a newly established Internet company in China, announced to cooperate with Foton Motor, the world's largest commercial vehicle manufacturer, aiming to develop intelligent commercial vehicles in the future on the inaugural ceremony of the China Internet Super Truck Global Innovation Alliance on June 22, 2016.

Jun. 30 , 2016
GAC Group completed the development of core enabling technologies for driverless vehicles

GAC Group announced on June 26th that the company will achieve its goal of driverless vehicles in multiple steps and introduce as many as 20 alternative energy models by the year of 2020.

Jun. 30 , 2016