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CATL announced its profit forecast saying that excluding the non-recurring items, the company will see its net profits in the third quarter reach around RMB1.26 billion to RMB1.33 billion with year-on-year surge of 119.88% to 133.48%.
Oct. 15 , 2018
China saw its wholesale volume of new energy passenger vehicles reached a new high of 98,667 units with a year-on-year surge of around 70%, according to the data from the China Passenger Car Association (CPCA).
Oct. 15 , 2018
Gasgoo summarized the sales data showing how many vehicles were delivered in China last month by the four major Japanese automakers. Toyota was the only one on the list that attained positive year-on-year (YoY) growth in September sales.
Oct. 15 , 2018
FAW-Volkswagen officially stopped the production of the Audi Q5 (Typ 8R) on October 9, thus the Audi Q5L will no longer share the same sales channel with the Audi Q5, according to local media.
Oct. 12 , 2018
The new Jaguar F-PACE officially went on sales recently, offering four variants with prices ranging from RMB489,800 to RMB808,800, according to local media. The new model is priced up to RMB4,800 more than the existing one.
Oct. 12 , 2018
The BMW X5 and battery electric vehicles are expected to be locally produced from 2022. The total annual production capacity will be up to 1 million units.
Oct. 12 , 2018