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Chinese power batteries are chasing after Japanese and Korean products
Chinese power batteries are chasing after Japanese and Korean products

BAIC Motor signed a new framework agreement with Daimler on July 5th to co-invest RMB 5b to establish a BEV production base and power battery factory in Beijing.

Jul. 11 , 2017
Geely expects that the net profit will increase more than 100% in the first half of year
Geely expects that the net profit will increase more than 100% in the first half of year

Geely Auto released announcement yesterday that the net profit for the group is expected to grow more than 100% on the basis of RMB 1.91b during the first six months in the year.

Jul. 11 , 2017
Geely’s Sichuan new commercial vehicle factory is put into production
Geely’s Sichuan new commercial vehicle factory is put into production

Geely Sichuan new commercial vehicle factory is put into production in Nanchong today, further improving Geely’s industrial layout and transformation.

Jul. 10 , 2017
Geely’s sales volume increases 89% in the first half of year, adjusting its annual target to 1.1m units
Geely’s sales volume increases 89% in the first half of year, adjusting its annual target to 1.1m units

Geely Auto released its sales volume on July 6th showing that Geely Auto sold 88,773 units in June with a year-on-year growth of 91%. Domestic sales volume reaches 87,969 units with a year-on-year growth of 93%.

Jul. 7 , 2017
Sales in June of Changan increased greatly  43% annual target completed
Sales in June of Changan increased greatly 43% annual target completed

Yesterday Changan Auto announced its sales report in June. The report shows that the sales in June of Changan are 232502 units, with a chain growth of 8.4%; sales of cars are 133881 units, with an chain growth of 25.1%;

Jul. 7 , 2017
Focus on SUV and New Energy Vehicle Dongfeng Fengshen 3 to be listed
Focus on SUV and New Energy Vehicle Dongfeng Fengshen 3 to be listed

New small-scale SUV model Dongfeng Fengshen AX4 was officially offline on 3rd July in Wuhan, in the off-line ceremony, the general manager Liu Hong said that AX4 would be put on the market in September this year, in the second half of this year, the

Jul. 7 , 2017