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China to boost application of methanol-fueled cars
China to boost application of methanol-fueled cars

China issued a guideline on March 19 to promote the application of methanol-fueled cars, diversify automobile fuels and ensure energy safety.

Mar. 20 , 2019
New Geely Emgrand GL to be powered by 1.5T 3-cylinder engine
New Geely Emgrand GL to be powered by 1.5T 3-cylinder engine

The Geely Emgrand GL is a popular sedan model whose monthly sales frequently exceeded 10,000 units in 2018. Now, the automaker is going to launch a new version of the sedan with a stronger engine power.

Mar. 20 , 2019
BMW Brilliance said to ramp up capacity for locally-produced BMW X5
BMW Brilliance said to ramp up capacity for locally-produced BMW X5

BMW Brilliance Automotive Ltd is about to ramp up production capacity by 240,000 vehicles per year for its Dadong plant located in Shenyang, capital of China’s Liaoning Province, according to a Chinese media outlet.

Mar. 19 , 2019
XPENG Motors puts 30 supercharger stations into operation on the same day
XPENG Motors puts 30 supercharger stations into operation on the same day

March 18, 2019 will be a milestone day for China-based EV maker XPENG Motors as it officially put 30 supercharging stations into operation in five cities across China, including Beijing, Shanghai, Guangzhou, Shenzhen and Wuhan.

Mar. 18 , 2019
SAIC Motor said VW's plan to raise equity in JV has not been discussed
SAIC Motor said VW's plan to raise equity in JV has not been discussed

Recently, a report said that Volkswagen Group is going to raise its equity in China-based JV, including SAIC Volkswagen (SAIC VW). On March 18, SAIC Motor, SAIC VW’s Chinese parent company, officially issued an announcement to deny the news.

Mar. 18 , 2019
Premium auto makers cut prices in China after VAT drop
Premium auto makers cut prices in China after VAT drop

China’s announcement on March 14 that the VAT rate for manufacturing industry will be cut to 13% from 16% effective on April 4 has triggered a positive response from premium carmakers, including Mercedes-Benz, BMW, Jaguar Land Rover and Volvo.

Mar. 18 , 2019