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NIO ES8: Interior Exposed, Expected to Be Delivered to Users Next Year
NIO ES8: Interior Exposed, Expected to Be Delivered to Users Next Year

Recently, we received a group of photos of NIO ES8’s interior. According to previously reports, ES8 is a pure electric SUV, with the maximum mileage of 400km, and is expected to be officially delivered to users next year.

Aug. 30 , 2017
Summary: Chinese SUV market in July 2017
Summary: Chinese SUV market in July 2017

Chinese passenger automobile sales increased 5.8% in July. A lot of this growth was spurred on by the SUV market. SUV sales totaled 702,912 units, up 18.5% year-on-year. Due to this increase, SUV sales account for 42.4% of all passenger automobile mo

Aug. 29 , 2017
Chehejia Settles Down OEM factory to compete with Didi
Chehejia Settles Down OEM factory to compete with Didi

Li Xiang, founder of Chehejia, said during interview with domestic media that, “We will compete with traditional auto companies, Didi, Uber and BAT Internet companies.”

Aug. 29 , 2017
Alternative Energy Vehicles and Other 11 areas will be further Liberalized for Foreign Investments
Alternative Energy Vehicles and Other 11 areas will be further Liberalized for Foreign Investments

Information office of the State Council introduced Notice on Several Measures to Promote Foreign Investments Growth by State Council during the regular meeting held on August 25th.

Aug. 28 , 2017
LIFAN Suffers from Bad Sales, Net Profit Fell by 32.02%
LIFAN Suffers from Bad Sales, Net Profit Fell by 32.02%

LIFAN released its 2017 semi-annual report on August 23. The report shows that operating income of LIFAN in the first half of 2017 reached 6.298 billion yuan, a year-on-year increase of 24.1%.

Aug. 25 , 2017
GAC Group's Net Profit soared 55% Year-on-Year
GAC Group's Net Profit soared 55% Year-on-Year

GAC Group released its semi-annual report on August 23rd showing that its total operating revenue reaches RMB 34.77b in the first half of year with a year-on-year growth of 55.29%.

Aug. 25 , 2017