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Gasgoo.com (Shanghai) - As the profitable months of September and October roll around, the Chinese passenger automobile market has begun to show signs of recovery, with sales growth rates increasing in the latter month. According to statistics compiled by Gasgoo.com (Chinese), a total of 1.88 million passenger automobiles were sold in China this October, up 14.9% from the amount sold in October of 2014.
Nov. 24 , 2015Gasgoo.com (Shanghai) - The Chinese automotive market has seen previously high growth rates fall in 2015, with negative growth being reported in certain months. However, on the whole the market still managed to achieve positive year-on-year growth over the first three quarters of the year. The majority of domestic own brand automotive manufacturing enterprises have achieved positive year-on-year growth over the first three quarters of the year, with BYD seeing its net profits over quintuple from the previous year. At the other end of the spectrum, FAW Xiali saw its net deficit decrease even further.
Nov. 20 , 2015By the end of 2014, China has already built 780 integrated charging stations and 31,000 distributed charging piles nationwide, serving more than 120,000 EVs in China.
Nov. 18 , 2015