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Summary of Chinese OEMs' sales in July, 2019
Summary of Chinese OEMs' sales in July, 2019

New automobile purchases in China have declined for 13 straight months by the end of July, 2019. Facing the market wane, how Chinese OEMs performed respectively last month?

Aug. 20 , 2019
Lynk & Co developing premium 7-seater SUV, said to be Lynk & Co 06
Lynk & Co developing premium 7-seater SUV, said to be Lynk & Co 06

According to Geely’s bid invitation platform, Lynk & Co is developing an E-segment 7-seater luxury SUV code-named EX11, which features the similar size to the Volvo XC90.

Aug. 20 , 2019
DiDi’s open car-hailing platform kicks off operation in Guangzhou
DiDi’s open car-hailing platform kicks off operation in Guangzhou

Chinese ride-hailing giant DiDi Chuxing (DiDi) has recently launched its open car-hailing platform in Guangzhou, capital of China’s Guangdong Province, according to a local media report.

Aug. 20 , 2019
Top 10 locally-produced PV, car, SUV models in China by July wholesale volume
Top 10 locally-produced PV, car, SUV models in China by July wholesale volume

There were only two SUV models—the Haval H6 and the CR-V—among the top 10 PV models by wholesale volume for the month of July. The others were all car models.

Aug. 16 , 2019
Evergrande Health warns first-half net loss of RMB2 billion in NEV business
Evergrande Health warns first-half net loss of RMB2 billion in NEV business

Evergrande Health is expected to record a net loss for the first half of 2019 of approximately RMB2 billion, versus the net profit of around RMB200 million for the same period in 2018, the company announced on August 9.

Aug. 14 , 2019
Changan Automobile posts contracted drop in July sales
Changan Automobile posts contracted drop in July sales

Chongqing Changan Automobile Co., Ltd (Changan Automobile) posted a year-on-year decline of 7.1% in July sales, the automaker reported on August 12.

Aug. 14 , 2019