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XPENG G3 hits the market on Dec. 12 with price starting from RMB135,800 with subsidies
XPENG G3 hits the market on Dec. 12 with price starting from RMB135,800 with subsidies

Chinese EV startup XPENG Motors will officially launch its first mass-produced model—the G3 into market tonight. Offering three variants based on different configuration combination, the G3 will be handed over to consumers on spot.

Dec. 12 , 2018
China Jan-Nov new energy PV wholesale volume shoots up 87% YoY
China Jan-Nov new energy PV wholesale volume shoots up 87% YoY

China saw its wholesale volume of new energy passenger vehicles (PV) amount to 131,880 units in November, surging 63% from the previous year, according to the data released by the China Passenger Car Association (CPCA).

Dec. 12 , 2018
China Nov. PV wholesale volume down by 16.3% YoY, CPCA
China Nov. PV wholesale volume down by 16.3% YoY, CPCA

According to the CPCA, China’s passenger vehicle (PV) retail sales reached 2,019,933 units in November, edging up 3.4% over the previous month, while falling 18% year on year (YoY), 4.8 percentage points higher than that of the previous month.

Dec. 12 , 2018
Tencent, FCA China forge partnership to develop ICV cloud platform
Tencent, FCA China forge partnership to develop ICV cloud platform

Tencent and FCA China inked a strategic cooperation agreement on December 10, saying the internet-based technology company will help the automaker build its ICV cloud platform.

Dec. 11 , 2018
Changan Automobile faces 23.5% YoY decline in Jan.-Nov. sales
Changan Automobile faces 23.5% YoY decline in Jan.-Nov. sales

Changan Automobile announced that its Nov. sales tumbled 39.6% YoY to 161,458 units and also declined 5.3% from a month ago. For the first eleven months, the automaker sold 1,979,649 vehicles in total, a rather steep YoY decrease of 23.5%.

Dec. 11 , 2018
Experts bullish about China auto industry’s long-term development
Experts bullish about China auto industry’s long-term development

China’s auto sales has declined for four consecutive months from July to October and 2018 is expected to see the first annual drop after nearly 20 years’ growth. Many industry analysts thought winter for the industry has come and this year will be a

Dec. 11 , 2018