News
car2go said to shut down in Chongqing
car2go said to shut down in Chongqing

car2go, a Daimler-owned hourly car rental and car sharing service brand, has been pulled out of Chongqing, a major city in southwest China, an employee at car2go China Co., Ltd.’s Chongqing brand told a local media outlet.

May 15 , 2019
CATL signs EV battery deal with Volvo Cars
CATL signs EV battery deal with Volvo Cars

China’s power battery maker Contemporary Amperex Technology Limited (CATL) has signed a cooperation agreement with Volvo Cars to supply electric car batteries for the latter’s next-generation EVs and Polestar cars, CATL announced on May 15.

May 15 , 2019
Top 10 PV, sedan, SUV models in China by April wholesale volume
Top 10 PV, sedan, SUV models in China by April wholesale volume

There are three SUV models among the top 10 PV models by April wholesale volume, namely, the Haval H6 (second runner-up), the X-TRAIL (9th) and the Boyue (10th).

May 15 , 2019
Geely, Daimler names  joint venture Weixing Technology
Geely, Daimler names joint venture Weixing Technology

The joint venture between Geely Technology Group, a subsidiary of Zhejiang Geely Holding Group, and Daimler Mobility Services GmbH has been established on May 9, according to the business research platform Qixinbao.

May 14 , 2019
Summary of four major Japanese automakers’ China sales in April
Summary of four major Japanese automakers’ China sales in April

Four major Japanese automakers have released their China sales in April. Toyota and Honda accomplished growth compared with the same period a year ago, while Nissan and Mazda recorded decrease.

May 14 , 2019
China sees 28% jump in April new energy PV wholesale volume
China sees 28% jump in April new energy PV wholesale volume

China’s new energy passenger vehicle (PV) wholesale volume in April reached 91,700 units, jumping 28% from a year ago, which was much more vigorous than the -17.4% growth for overall PV market, according to the China Passenger Car Association (CPCA).

May 14 , 2019