Search

Hubei highlights incentives to boost car sales
Hubei highlights incentives to boost car sales

Hubei provincial government has formulated a set of measures in a bid to unleash consumers’ pent-up automobile consumption demands.

Jun. 2 , 2020
Hongqi May sales rocket, with two models to come
Hongqi May sales rocket, with two models to come

Hongqi once again obtained stunning sales growth in May.

Jun. 1 , 2020
Beijing to add 20,000 NEV license plates for car-free families
Beijing to add 20,000 NEV license plates for car-free families

Beijing plans to increase 20,000 NEV (new energy vehicle) license plates at one go in the second half of 2020, which will be all allocated to car-free families, according to a draft regulation released by Beijing Municipal Commission of Transport.

Jun. 1 , 2020
China’s Vehicle Inventory Alert Index in May down by 4.6 percentage points MoM
China’s Vehicle Inventory Alert Index in May down by 4.6 percentage points MoM

China’s Vehicle Inventory Alert Index (VIA) stood at 54.2% in May, which dropped 4.6 percentage points over a month ago, while edged up 0.4 percentage points over a year ago, according to the China Automobile Dealers Association (CADA).

Jun. 1 , 2020
Shaanxi to subsidize NEV shopping for car-free families
Shaanxi to subsidize NEV shopping for car-free families

Shaanxi joins a string of Chinese local governments that roll out incentives to provide a lift on automobile sales.

May 29 , 2020
DiDi’s autonomous driving company complete $500 million worth of fundraising
DiDi’s autonomous driving company complete $500 million worth of fundraising

China’s ride-hailing giant Didi Chuxing (DiDi) has closed a fundraising round of over $500 million for its autonomous driving subsidiary, a local media outlet reported on May 29.

May 29 , 2020