News
Alternative Energy Vehicles Dominate the 2016 Beijing Auto Show

Alternative energy vehicles have played leading roles on the 2016 Beijing Auto Show. Both Chinese and foreign brought automakers their alternative energy vehicles to the show, attracting much attention.

Apr. 27 , 2016
Summary: Top performing passenger automobile manufacturers in 2016 Q1

Gasgoo.com (Shanghai) - According to China Passenger Car Association statistics compiled by Gasgoo.com (Chinese), SAIC Motor continues to be China’s largest passenger automobile manufacturer in terms of new car sales made over the first quarter of the year. Aside from SAIC leading the charts, Changan Automobile’s performance was also impressive, while both GAC Group and Brilliance Automobile posted high year-on-year sales growth rates.

Apr. 26 , 2016
Dongfeng Motors plans to sell its share of Zhengzhou Nissan and resumes trading in April 25th

According to an announcement of Dongfeng Motors released in the evening of April 22nd, the company plans to sell its share of Zhengzhou Nissan Automobile to its controlling shareholder Dongfeng Motor Co., Ltd. so as to increase the company’s revenue and functioning quality. After the transaction, Dongfeng Motors will no longer be a shareholder of Zhengzhou Nissan. It’s acknowledged that Dongfeng will resume trading in the stock market in April 25th.

Apr. 25 , 2016
SAIC’s 15 billion NPO Plan approved by CSRC, transferring to alternative energy vehicles

According to an announcement released by SAIC Group in the evening of April 20th, this car company’s non-public offering plan to raise 15 billion yuan in China’s A-share market has been approved by the Issuance Examination Committee of China Securities Regulatory Commission.

Apr. 25 , 2016
Beijing may Witness Region-Wide Electric Taxies by 2020

Beijing taxi drivers are expected to drive energy-saving alternative energy vehicles by 2020, and then the total private electric vehicle demand by citizens will also reach 450,000 units. Therefore, Beijing City will set up 435,000 charging posts to meet the above demands. Yesterday, Beijing Municipal Development and Reform Commission announced the news by releasing Special Plan for Electric Vehicles Charging Infrastructure in Beijing Municipality (2016-2020).

Apr. 25 , 2016