China’s Vehicle Inventory Alert Index (VIA), which reflects the inventory pressure of automobile dealers, was down by 0.8 percentage points over a month ago in September, said the China Automobile Dealers Association (CADA).
Oct. 7 , 2019
A hydrogen energy industrial park is to be built at Lin-gang Special Area of China (Shanghai) Pilot Free Trade Zone after Shanghai Jiaotong University and two state-owned companies entered into a strategic partnership on Sept. 26.
Sep. 30 , 2019
NIO, a Chinese electric vehicle startup, is said to open nine user centers, including one NIO House and eight units of NIO Service, during China’s National Day holiday.
Sep. 30 , 2019
On September 28, Chinese largest automaker SAIC Group formally completed the construction of the Ningde base, its fourth manufacturing base for self-owned PVs following the facilities in Lingang of Shanghai, Pukou of Nanjing and Zhengzhou.
Sep. 29 , 2019
Tianjin FAW Xiali Automobile Co., Ltd. (FAW Xiali), a subsidiary of China’s state-owned FAW Group, and the EV startup Bordrin entered into a shareholder agreement on September 27 to build a joint venture in Tianjin, according to FAW Xiali.
Sep. 29 , 2019
The SOL E20X, the long-anticipated first model of JAC Volkswagen, officially hit the market on September 28. Offered in two trim levels, the new small-sized SUV model is priced between RMB128,000 and RMB138,000 after subsidy.
Sep. 29 , 2019