News
China’s auto imports for the first half of 2019 jump 17.2%
China’s auto imports for the first half of 2019 jump 17.2%

China’s automobile import volume for the first half of 2019 jumped 17.2% over the year-ago period to roughly 530,000 units, according to the China Automobile Dealers Association (CADA).

Aug. 7 , 2019
In First 7 Months Of 2019, Tesla Sold Almost 100,000 EVs In U.S.
In First 7 Months Of 2019, Tesla Sold Almost 100,000 EVs In U.S.

Tesla maintained 80% share in the all-electric car segment and 59% share in the overall plug-in segment.

Aug. 7 , 2019
Summary of top 4 Japanese automakers’ sales in July for Chinese market
Summary of top 4 Japanese automakers’ sales in July for Chinese market

Both Toyota and Honda achieved their highest-ever July sales in China, while Nissan’s deliveries basically remained the same as that of a year earlier.

Aug. 6 , 2019
Honda announces record-breaking figure in July deliveries for China
Honda announces record-breaking figure in July deliveries for China

Japanese automaker Honda said the number of deliveries in China rose 9.4% year on year in July to 115,950 units, the best-ever figure in terms of July sales for the world’s largest auto market.

Aug. 5 , 2019
DiDi upgrades autonomous driving arm into independent company
DiDi upgrades autonomous driving arm into independent company

Chinese ride-hailing giant Didi Chuxing (DiDi) on August 5 claimed that its autonomous driving arm has been upgraded into an independent company to focus on R&D, production application and other business development pertain to autonomous driving.

Aug. 5 , 2019
Leapmotor to raise RMB360 million from Series A-2 fundraising
Leapmotor to raise RMB360 million from Series A-2 fundraising

Leapmotor is about to raise RMB360 million worth of capital from the Series A-2 round financing which is solely invested by Jinhua Zhongche Fund, Dahua Technology, one of major shareholders of Leapmotor, announced on July 29.

Aug. 5 , 2019