Industry News

Geely's Nov vehicle sales up 5% year-on-year, Lynk & Co vehicle sales up 61% to all-time high

Chinese automaker Geely said today that it's total vehicle sales in November 2020 we're 150,500 units, an increase of about 5 percent over the same period last year and about 7 percent over the previous month.

Chinese version of 'Rolls-Royce' Hongqi launches all-electric SUV, prices start at about $78k

The new car is equipped with an L3 autopilot system and steering system, supports L4 automatic parking, and is equipped with facial recognition technology.

China's best-selling EV annual sales expected to exceed 100,000 units

The Hongguang MINI EV, a pure electric vehicle of SAIC-GM-Wuling, was only launched in July this year.

Alibaba-backed AutoX becomes China's first to begin testing RoboTaxi without security officer

Alibaba-backed AutoX officially unveiled its RoboTaxis on December 3, the first Chinese company to begin such testing with no safety officer in the car and no remote control.

IDC expects China to sell 1.16 million new energy vehicles in 2020

China's new energy vehicle market is poised for strong growth over the next five years, with a compound annual growth rate (CAGR) of 36.1 percent from 2020 to 2025, driven by a number of factors including policy drivers, according to market research firm IDC.

China's passenger car market sees average daily retail sales of 62,000 units in Nov, up 5% yoy

Average daily retail sales in China's passenger vehicle market were 62,000 units in November, up 5 percent year-on-year and 3 percent from October, according to data released today by the China Passenger Car Association (CPCA).

China's best-selling electric car sells a record 33,094 units in Nov

SAIC-GM-Wuling's Hongguang MINI EV, China's best-selling electric car, sold a record 33,094 units in November, making it the only vehicle in China's new energy market to sell more than 30,000 units in a single month this year.

Geely becomes first automaker to implement OTA upgrades for gasoline vehicles

Geely said that all customers who purchase the car before December 31 will be able to enjoy free OTA upgrades for one year.

GAC Aion announces its independence, launches new electric SUV Aion Y

The model is designed for young people who want to be trendy and innovative and has a bold color scheme.

Volvo's first EV unveiled at Guangzhou Auto Show

The car accelerates from 0-100 km in 4.9 seconds, has an NEDC range of 400 km, and is priced at RMB 357,000 yuan after subsidies.
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