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【July, 2020】China Passenger Vehicle Sales Analysis
【July, 2020】China Passenger Vehicle Sales Analysis

PV wholesales showed 1.67 mn units in July 2020, up by 8.7% yoy.

Aug. 24 , 2020
Guangzhou expects automobile capacity to exceed 5 million units in 2025
Guangzhou expects automobile capacity to exceed 5 million units in 2025

Guangzhou is ambitious to see its automobile capacity surpass 5 million units in 2025, according to a document approved by Guangzhou municipal government on August 24 at a press conference.

Aug. 24 , 2020
GAC Group eyes trial operation of Level 4 autonomous cars in 2023
GAC Group eyes trial operation of Level 4 autonomous cars in 2023

GAC Group strives to achieve the pilot operation of level 4 autonomous cars in designated regions in 2023, Feng Xingya, president of GAC Group, revealed at the Global Intelligent Vehicle Summit (GIV2020).

Aug. 24 , 2020
China’s PV retail sales estimated to 1.69 million in August, CPCA
China’s PV retail sales estimated to 1.69 million in August, CPCA

The retail sales of China’s passenger vehicles are expected to increase 8% again in August to 1.69 million units.

Aug. 21 , 2020
HYCAN 007’s bill of materials unveiled by GAC NIO
HYCAN 007’s bill of materials unveiled by GAC NIO

On August 19, Liao Bing, founder and CEO of GAC NIO, a joint venture between GAC Group and the EV startup NIO, unveiled the BOM (bill of materials) of the TOP version of the HYCAN 007, the joint venture’s first mass-produced BEV model.

Aug. 21 , 2020
NIO launches Battery-as-a-Service, announces foundation of battery asset company
NIO launches Battery-as-a-Service, announces foundation of battery asset company

Chinese EV startup NIO formally launched on August 20 the BaaS (Battery-as-a-Service) service, which allows customers buy electric vehicles and subscribe the usage of battery packs separately.

Aug. 20 , 2020