Industry News
GM reportedly cuts jobs in China as sales decline
In the January-July period of this year, SAIC-GM sold 240,579 vehicles, down 55.14 percent from a year earlier.
Avatr to unveil limited-edition model Avatr 012 on Aug 20
The Avatr 012 is expected to be based on the Avatr 12 electric sedan to target fashion-conscious potential customers.
China NEV sales fall to 991,000 in Jul as BEV sales decline, CAAM data show
China's BEV sales in July stood at 551,000 units, down 10 percent from June, while PHEV sales grew to a new record high of 438,000 units.
China NEV retail rises to 878,000 in Jul, penetration exceeds 50% for 1st time
China's retail penetration of NEVs reached a record 51.1 percent in July, the first time it has exceeded the 50 percent mark, meaning that for the first time, NEVs overtook conventional gasoline vehicles in new car sales.
SAIC's MG Motor to build plant and R&D center in Mexico
The plant would aim to make Mexico a pole for SAIC Group and MG's growth and expansion in Latin America and the Caribbean, MG said.
China NEV retail at 879,000 in Jul, penetration exceeds 50% for 1st time, preliminary CPCA data show
China's NEV penetration at retail stood at 50.84 percent in July, the first time in history it has exceeded 50 percent, according to preliminary CPCA data.
GAC Aion sub-brand Hyper officially changes English name to Hyptec
Hyper has officially changed its English name to Hyptec, saying the move is part of its brand value upgrade to 2.0.
Great Wall launches Tank 300 off-road SUV in Malaysia
The Tank 300 was recently launched in Malaysia and is Great Wall Motor's first luxury off-road SUV there.
Geely launches Galaxy E5 all-electric SUV with starting price of $15,750
The Galaxy E5 is a compact SUV, the first to feature Geely's Aegis Short Blade Battery, and will target global markets.
Mercedes-Benz gets permit to conduct L4 autonomous driving tests in Beijing
Vehicles with L4 autonomous driving capabilities can perform most driving tasks in most scenarios on their own, without the need for a driver to take over.
