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According to the data released by the CPCA, the top 10 sedan models by January sales in China were mostly from JV brands. Emgrand EC7 was the only one model from self-owned brand. The Corolla was the champion by Jan sales in China's sedan segment.
Feb. 26 , 2018Xi’an municipal government recently announced that it will support Xi’an Economic and Technological Development Zone to develop an automotive industrial cluster valuing RMB 100 billion over the next five years.
Feb. 26 , 2018According to the data released by China Passenger Car Association (CPCA), Xpeng Motors, a China's electric vehicle (EV) startup, achieved a wholesales volume of 39 vehicles in the past January.
Feb. 26 , 2018BAIC and Daimler plans to invest over RMB 11.9 billion (about 1.5 million euros) to expand the local production scale of Mercedes-Benz passenger vehicles and meet the demands of the largest auto market in the world.
Feb. 26 , 2018Wei Jianjun, chairman of Great Wall Motor, and Wang Fengying, the company’s president, fined themselves by RMB 3 million and 2 million of annual salary respectively as self-punishment for failing the 2017 sales goal.
Feb. 26 , 2018Recently, AIWAYS, a China’s intelligent EV startup, and DeepBlue Technology (DeepBlue), a shanghai-based AI technology provider, officially signed a strategic cooperation agreement in Shanghai to jointly develop intelligent vehicle technologies.
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