News
MAXUS to sell 100,000 units with 50% growth next year
MAXUS to sell 100,000 units with 50% growth next year

In the 7th year of its establishment, MAXUS still maintains double-digit growth. This is incredible. But what is even more marvellous is that in 2018, the motor company strives to achieve 50% growth at its new MAXUS speed.

Dec. 15 , 2017
Alibaba Auto Vending Machine starts
Alibaba Auto Vending Machine starts

On December 13, Alibaba held a press conference to start the project of Auto Vending Machine in Shanghai and Nanjing. The first phase of the project will begin with a Super Test-Drive Center, which will be open to all customers

Dec. 15 , 2017
NEVs with range less than 150km unlikely to receive subsidies
NEVs with range less than 150km unlikely to receive subsidies

It seems deterministic that NEV subsidy will phase out, but recently the rumor goes that in 2018, the subsidy will be reduced faster and the rules may be modified. One of the changes may be that NEV with a range of less than 150km.

Dec. 15 , 2017
Renault sub brand Alpine will enter China market
Renault sub brand Alpine will enter China market

Renault’s sub sporting brand Alpine has launched many classic sports cars and won Le Mans champion. Alpine first sports car model A110 after revival made debut on 2017 Geneva Auto Show.

Dec. 14 , 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017
BAIC BJEV Jiangshan base aims to produce 80,000 NEVs in 2017

It’s also guaranteed that Jiangshan Base NEV production volume will be at least 60,000 units this year and sprint for 80,000 units with an expected total production value exceeding RMB 6 billion.

Dec. 14 , 2017
Geely reported to be proceeding with Benz stake acquisition
Geely reported to be proceeding with Benz stake acquisition

Geely Automotive has started the process to acquire a certain stake of Mercedes-Benz, according to a report of China Central Television (CCTV) Business Channel. But the amount hasn’t been specified.

Dec. 14 , 2017