News
NIO expected to be champion startup in China by 2019 insurance registration
NIO expected to be champion startup in China by 2019 insurance registration

In November, 2019, 6,369 consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicle (MLI) for EVs made by Chinese startups, versus 6,459 for the month-ago period.

Jan. 5 , 2020
SAIC MAXUS’s 2019 sales grow over 40% YoY
SAIC MAXUS’s 2019 sales grow over 40% YoY

SAIC MAXUS’s 2019 annual sales jumped 42.85% from the year-ago period to 120,017 units.

Jan. 3 , 2020
Lexus’ annual sales in China over 200,000 units for first time
Lexus’ annual sales in China over 200,000 units for first time

​Toyota’s luxury brand Lexus sold 200,521 vehicles in China in the whole year of 2019, which was a year-on-year sales jump of 25%, according to the brand.

Jan. 3 , 2020
China’s VIA exceeding official warning threshold for 24 straight months
China’s VIA exceeding official warning threshold for 24 straight months

In December, China’s Vehicle Inventory Alert Index (VIA), which measures the inventory level of automobile dealers, stood at 59.0%, dropping 7.1 percentage points from the year-ago period and 3.5 percentage points over the previous month.

Jan. 3 , 2020
FAW, BST to promote application of self-driving technologies
FAW, BST to promote application of self-driving technologies

FAW Group and Black Sesame Technologies (BST) signed a strategic cooperation agreement in Changchun, Jilin on 30, December to collaborate on autonomous driving chips, visual perception algorithms and data, etc.

Jan. 3 , 2020
BYD, Didi deepen collaboration on ride-hailing services
BYD, Didi deepen collaboration on ride-hailing services

​BYD will strengthen cooperation with Didi Chuxing, the Shenzhen-based automaker said, not for the first time.

Jan. 2 , 2020