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China’s homegrown PV Aug. wholesale volume slides 8% YoY, CPCA
China’s homegrown PV Aug. wholesale volume slides 8% YoY, CPCA

China’s PV wholesales volume declined 8% over the previous year to 1,648,283 units in August, while climbed 6% compared with the July performance, according to the China Passenger Car Association (CPCA).

Sep. 9 , 2019
Evergrande initiates splendid talent recruitment for global NEV R&D headquarters
Evergrande initiates splendid talent recruitment for global NEV R&D headquarters

China Evergrande Group once again became a buzzworthy topic in the automobile domain with a recruitment advertisement that went viral in China’s social media platform WeChat.

Sep. 9 , 2019
BYD’s NEV sales growth still remains negative in August
BYD’s NEV sales growth still remains negative in August

Sales at BYD fell 13.95% to 36,009 units in August, versus the 16.96% year-on-year drop in July sales, according to the automaker’s latest sales report.

Sep. 9 , 2019
Ford to launch pre-commercial C-V2X functions in first-half 2020
Ford to launch pre-commercial C-V2X functions in first-half 2020

Ford Motor Company announced on September 6 the plan to launch several pre-commercial C-V2X (cellular vehicle-to-everything)-based functions in China in the first half of 2020.

Sep. 6 , 2019
Summary of 4 major Japanese automakers’ China August sales, Toyota posts rare downturn
Summary of 4 major Japanese automakers’ China August sales, Toyota posts rare downturn

During the month of August, Toyota faced a rare year-on-year sales downturn in China with its sales driver Corolla hit by a severe decrease. Honda and Nissan still maintained a stable growth.

Sep. 6 , 2019
NIO to issue $200 million worth of convertible notes to its chairman, Tencent
NIO to issue $200 million worth of convertible notes to its chairman, Tencent

Chinese EV startup NIO announced on September 5 it would issue and sell convertible notes in an aggregate principal amount of US$200 million to the investors through a private placement.

Sep. 5 , 2019