News
China’s Vehicle Inventory Alert Index in June edges up 2.6 percentage points MoM
China’s Vehicle Inventory Alert Index in June edges up 2.6 percentage points MoM

China’s Vehicle Inventory Alert Index (VIA) stood at 56.8% in June, which climbed 2.6 and 6.4 percentage points compared to the previous month and the previous year respectively, according to the China Automobile Dealers Association (CADA).

Jul. 2 , 2020
NIO gains 179.1% YoY surge in June deliveries
NIO gains 179.1% YoY surge in June deliveries

NIO delivered 10,331 vehicles in the three months ended June 2020, exceeding quarterly guidance.

Jul. 2 , 2020
FAW’s Hongqi boasts 111% YoY hike in first-half sales
FAW’s Hongqi boasts 111% YoY hike in first-half sales

Hongqi, the premium auto brand of FAW Group, announced that its new vehicle sales topped 15,400 units in June, surging 92% compared to the year-ago period.

Jul. 1 , 2020
Brilliance Auto’s parent registers mobility service subsidiary
Brilliance Auto’s parent registers mobility service subsidiary

Huachen Automotive Group Holdings Company Limited founded on June 29 a wholly-owned mobility service subsidiary that involves a registered capital of 100 million yuan.

Jul. 1 , 2020
Sichuan rolls out polices to support NEV, intelligent vehicle development
Sichuan rolls out polices to support NEV, intelligent vehicle development

China’s Sichuan provincial government is soliciting public opinions on the measures designed for the development of local new energy vehicle (NEV) and intelligent vehicle industries.

Jul. 1 , 2020