Market & Industry
Batteries not being listed into Directory, JAC Alternative Energy Vehicle’s Foreign Funds Strategy may meet obstacles

Recently, 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 , 2016
Overcapacity Looms in the Automotive Industry in China

There 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 , 2016
China’s FAW Car Failed to Decrease Dealer Inventory

Dealerinventory coefficient of FAW CAR, one of leading automakers in China, was 2.5, with a monthly rise of 12% and yearly decrease of 8%, in June, higher than that of the whole industry, about 1.55.

Jul. 25 , 2016
Domestic recalling vehicles in the previous six months: Volkswagen and Toyota has top frequency, while General Motors has the greatest number

About 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 , 2016
China’s Chery to Launch EV Arrizo 5 in 2016

There may be four platforms in Chery, one of leading automakers in China, for production of alternative energy vehicles including Arrizo 5.

Jul. 21 , 2016
Can auto companies rely on subsidiaries? Half-year sales volume of alternative energy vehicles has not reached 1/4 target

Alternative energy vehicles now also face sales trouble. According to data published by China Association of Automobile Manufacturers (CAAM), alternative energy vehicles have a sales volume of 170,000 units in the first half of year across the nation, increasing 126.9%. Despite of the high growth, the sales volume has great distance with the annual 700,000 units’ target.

Jul. 21 , 2016