News
China's auto market hit by 13th-month-in-a-row YoY decline
China's auto market hit by 13th-month-in-a-row YoY decline

Vehicle sales in China, the world's biggest auto market, were down by 11.9% over the previous year to roughly 1,800,000units in July, the 13th month in a row suffering year-on-year negative growth, according to the CAAM.

Aug. 12 , 2019
SAIC Motor’s July sales show smaller year-on-year drop
SAIC Motor’s July sales show smaller year-on-year drop

SAIC Motor reported July sales of 439,794 units, posting a decline of 9.29% over a year ago, versus the 15.97% year-on-year decrease in June sales.

Aug. 10 , 2019
China's locally-produced PV wholesale volume in July down by 2.7%
China's locally-produced PV wholesale volume in July down by 2.7%

China's PV (hereby only refers to the PV locally-produced in China) wholesale volume in July amounted to 1,557,566 units, falling 2.7% year on year and sliding 9.2% month on month, according to the China Passenger Car Association (CPCA).

Aug. 9 , 2019
Great Wall Motors boasts 11.09% YoY growth in July sales
Great Wall Motors boasts 11.09% YoY growth in July sales

Great Wall Motors sold 60,357 vehicles in July, sporting a double-digit year-on-year growth of 11.09%, the automaker said on August 8.

Aug. 8 , 2019
Tesla’s Gigafactory 3 in Shanghai to start production at the end of 2019
Tesla’s Gigafactory 3 in Shanghai to start production at the end of 2019

On August 7, Tesla China officially announced via its Sina Weibo account, a hugely popular microblogging site, that the Gigafactory 3 is expected to start production at the end of 2019.

Aug. 8 , 2019
Mercedes-Benz Energy and Beijing Electric Vehicle start development partnership on 2nd-life battery storage
Mercedes-Benz Energy and Beijing Electric Vehicle start development partnership on 2nd-life battery storage

Daimler with its subsidiary Mercedes-Benz Energy and Beijing Electric Vehicle Co., Ltd. (BJEV) subsidiary of the BAIC Group, intensify their cooperation in the field of energy storage system.

Aug. 8 , 2019