China’s Ministry of Industry and Information Technology (MIIT) is soliciting public opinion on the Development Plan on the New Energy Vehicle Industry (2021-2035), which puts forward the vision for China’s next-stage NEV development.
Dec. 3 , 2019Yao Jie, vice secretary general of the China Association of Automobile Manufacturers (CAAM), expected China’s automobile sales in 2019 to decline around 10% amid the downturn trend since July, 2018.
Dec. 3 , 2019In November this year, China's Vehicle Inventory Alert Index (VIA), which represents the inventory pressure automobile dealers face, was down by 12.6 percentage points from the year-ago period but up by 0.1 percentage points over a month ago.
Dec. 3 , 2019From the fourth quarter to the end of 2020, there will be 27 new imported models launched to China’s market, the lowest figure for the recent seven years, according to a report released by Sinomach Automobile Co.,Ltd on November 30.
Dec. 2 , 2019Beijing Benz, a Sino-German joint venture, launched the GLB—its seven-seater compact SUV—available with three variants with the guiding price between 314,800 and 354,800 yuan ($44,783-50,473).
Dec. 2 , 2019Toyota Motor (China) Investment Co., Ltd. (TMCI) formally announced on November 27 the launch of its travelling subsidiary in Hainan, which would focus on offering high-quality mobility services to the southernmost province of Mainland China.
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