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FAW Group says August vehicle sales jump 14% from a year ago
FAW Group says August vehicle sales jump 14% from a year ago

FAW Group, one of China’s major state-owned automakers, said its vehicle production and sales volumes reached 303,079 units and 314,454 units in August, rising 8.8% and 14% respectively over a year earlier.

Sep. 10 , 2020
CATL, Changan Automobile to team up on intelligent-connected EV, smart energy ecosystem
CATL, Changan Automobile to team up on intelligent-connected EV, smart energy ecosystem

Chinese power battery giant CATL and automaker Chongqing Changan Automobile Co., Ltd. (Changan) has signed an agreement for the long-term in-depth strategic cooperation on intelligent-connected EVs and smart energy ecosystem,

Sep. 9 , 2020
Beijing aims to put over 10,000 hydrogen FCVs on roads by 2025
Beijing aims to put over 10,000 hydrogen FCVs on roads by 2025

Beijing will strive to put over 10,000 hydrogen fuel cell vehicles (called “FCVs” for short) on roads by 2025 and expects the cumulative output value of the full FCV industrial chain to exceed 24 billion yuan ($3,502,984,800) then.

Sep. 9 , 2020
NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021
NIO, Hefei government plan to co-build 40 battery swapping stations in 2020, 2021

NIO and the government of Hefei in the eastern Anhui province, the startup’s major new backer, attempt to jointly build a total of 40 battery swapping stations in 2020 and 2021, according to a local media report.

Sep. 8 , 2020
Great Wall Motor boasts 27.41% year-on-year surge in Aug. sales
Great Wall Motor boasts 27.41% year-on-year surge in Aug. sales

Great Wall Motor (GWM)’s new vehicle sales reached 89,442 units in August, surging 27.41% year on year and jumping 14.17% month on month, according to GWM’s latest sales report.

Sep. 8 , 2020
BYD logs 2.4% YoY increase in Aug. sales, but NEV sales still fall 8.59%
BYD logs 2.4% YoY increase in Aug. sales, but NEV sales still fall 8.59%

In August, BYD sustained an upward momentum with its vehicle sales climbing 2.4% year on year to 36,872 units, according to an announcement BYD Company Limited released on September 7.

Sep. 8 , 2020