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China’s auto sales likely to stand at 25 mln units in 2020, Minister of MIIT
China’s auto sales likely to stand at 25 mln units in 2020, Minister of MIIT

Both auto outputs and sales in China are likely to stand at roughly 25 million units in 2020, remaining flat or slightly dropping compared to 2019, Miao Wei, the Minister of China’s Ministry of Industry and Information Technology (MIIT).

Jan. 20 , 2020
WM Motor, Xpeng Motors attract customers with incentives
WM Motor, Xpeng Motors attract customers with incentives

Recently, WM Motor launched direct purchase service that is similar to NIO's battery rental business while Xpeng Motors decided to double the value of the deposit for the Xpeng P7.

Jan. 20 , 2020
Chery New Energy’s model likely to be named eQ5 starts at 200,000 yuan
Chery New Energy’s model likely to be named eQ5 starts at 200,000 yuan

​Chery New Energy’s new model, code-named S61, is set to be named eQ5 judging from the logo on its rear part and expected to hit the market in the first half of this year, with price ranging between 200,000 and 250,000 yuan ($29,155-36,444).

Jan. 20 , 2020
FAW, Changan, Dongfeng co-build T3 tech platform for intelligent NEV
FAW, Changan, Dongfeng co-build T3 tech platform for intelligent NEV

Chongqi Changan Automobile, FAW Group, Dongfeng Motor Corporation, China South Industries Group Corporation and Nanjing Jiangning Economic & Technical Development Company signed an agreement to set up T3 technology platform company for NEV.

Jan. 19 , 2020
Spy shots of Geely’s all-new SUV based on CMA exposed
Spy shots of Geely’s all-new SUV based on CMA exposed

​Recently, local media managed to get some spy shots of an all-new SUV of Geely. The new car is set to be built on the company’s CMA (compact modular architecture), judging from the English marked on its camouflage.

Jan. 19 , 2020
Summary of premium automakers’ China sales in 2019
Summary of premium automakers’ China sales in 2019

In spite of the flagging performance for the overall market, quite a few luxury automakers still obtained rising sales over the previous year.

Jan. 19 , 2020