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Summary: China’s midsize sedan market in August

Gasgoo.com (Shanghai) While SUV sales continue to increase in China, the sedan market has begun to recede as of late. According to statistics from Gasgoo.com (Chinese), a total of 763,831 sedans were sold in China in August, down 16.3% from last August. Many analysts look at the midsize segment as an indicator of future trends for the sedan market. Midsize sedan sales for the month totaled 158,898 units, down 2.5 percent from last year. However among sedan sales as a whole, the midsize segment’s total share grew 2.9 percentage points to 20.8%.

Oct. 8 , 2015
Chinese government to promote auto consumption, 1.6L or below vehicles to be 50% tax free

preferential policies will be applied from October 1st, 2015 to December 31st, 2016, consumers who buy vehicles with a displacement of 1.6L or below will enjoy 50% reduction of vehicles purchase tax.

Sep. 30 , 2015
China's Basic pension funds expected to invest in EV charging infrastructure

Basic pension funds are expected to invest in the construction of EV charging infrastructure, though no practical action has been taken so far. According to the forthcoming Guideline on Speed Up the Construction of EV Charging Infrastructure.

Sep. 28 , 2015