News
WM raises RMB 12 billion funding, led by Baidu Capital
WM raises RMB 12 billion funding, led by Baidu Capital

WM Motor, one of China's electric car startups, announced on Dec. 5 that it had finished a new round of financing. Led by Baidu Capital, the financing is also funded by Baidu Group and other organizations.

Dec. 6 , 2017
Changan Automobile November sales decrease by 9 percent year on year
Changan Automobile November sales decrease by 9 percent year on year

In November, Changan Automobile sold 267,511 vehicles, down 9 percent compared with the same period of last year.

Dec. 6 , 2017
BYD power battery production to reach 16 GWh this year
BYD power battery production to reach 16 GWh this year

BYD total power battery production capacity will reach 16 gigawatt-hours (GWh) by the end of this year. Its lithium-iron phosphate (LFP) battery production will be up to 10 GWh while the rest is NMC/NCA battery.

Dec. 6 , 2017
Changan Mazda November sales exceed 20,000 units with 16,000 new Axela sold
Changan Mazda November sales exceed 20,000 units with 16,000 new Axela sold

Latest sales data from Changan Mazda shows that its November sales volume exceeded 20,000 units including 16,000 units from new Axela.

Dec. 5 , 2017
Ford to introduce over 50 new models in China by 2025
Ford to introduce over 50 new models in China by 2025

After more than ten years’ large investment and rapid development in China, Ford today released its future development strategy of the next phase for China market, namely China 2025 Plan.

Dec. 5 , 2017
Dongfeng Yueda KIA sells over 50,000 units in November
Dongfeng Yueda KIA sells over 50,000 units in November

During November, Dongfeng Yueda KIA delivered 50,003 model units with a month-on-month increase of 17.6%.

Dec. 5 , 2017