Market & Industry
Huan Su of China’s BAIC Has Performed Well in the South Korean Market

Huan Su S3L, a seven-seat SUV mode launched by BAIC, one of leading automakers in China, debuted on the Chengdu Auto Show on 2 September.

Sep. 6 , 2016
Three Ministries tighten up Alternative Energy Vehicles by lifting Entry Level

On the 12th China Auto Industry Development International Forum held on September 2ed in Tianjin, Ministry of Finance, Ministry of Industry and Information Technology, together with National Development and Reform Commission (NDRC), all expressed their attitudes that policies on alternative energy vehicles will be tightened, performed by the lifting entry level of financial policies, enterprises and products. In the meantime, supports on alternative energy vehicles’ R&D will also be increased.

Sep. 6 , 2016
China’s Government to investigate on acquisition between DiDi Chuxing and Uber China

Di Di Chuxing, the largest transportation platform in China, hasn’t made governmental application for its acquisition with Uber China, on which China’s government has made investigation.

Sep. 5 , 2016
Geely frequently promotes alternative energy industrial chain, and may compete with BYD

Geely sells 280,337 units vehicles in the first half of 2016, increasing 11% with the same period of last year and receiving revenues with RMB 18.09b. “Emgrand EV”, which was launched in November, 2015, has a shining monthly sales volume of 1,500 units in the first half of year.

Sep. 1 , 2016