Unpacking the Ownership Structure of Volvo Cars
Wang Lin · 2024-07-16
China Automotive News · 2024-10-22
September Sees Diverging Demand in China's Auto Market
According to a recent statement by Cui Dongshu, Secretary-General of the China Passenger Car Association, retail performance in China’s passenger car market was strong in September 2024, driven by the government's scrapping and renewal subsidy policy. However, the market showed a dichotomy in consumer behavior, with low-end consumption sluggish and high-end consumption robust. The B-segment performed well in the sedan market, while the SUV segment saw significant strength in high-end models, outpacing last year’s performance in the B and C segments.
Global Electric Vehicle Sales Surge in August
CleanTechnica reported that August 2024 saw a sharp rise in global electric vehicle (EV) sales. Approximately 1.465 million EVs were sold, including both pure electric and plug-in hybrid vehicles, marking a 9% month-over-month increase and a 19% year-on-year surge. Pure electric vehicle sales grew by 6% year-on-year to almost 1 million units, whereas plug-in hybrid vehicle sales skyrocketed by 51%, reaching close to 500,000 units.
Changan Opens State-of-the-Art Digital Factory
On October 21, Changan Automobile, in collaboration with Unicom and Huawei, inaugurated its digital factory, "Changan Digital Intelligent Factory." With an investment of 10 billion yuan, the factory employs 5G connectivity for digital twins and real-time monitoring, enhancing manufacturing efficiency by 20%, reducing costs by 20%, and lowering carbon emissions by 19%. The factory’s first vehicle to roll off the production line was the Avatr 07, which comes equipped with Huawei’s QianKun Smart Driving ADS 3.0 and HarmonyOS 4.0 car system.
Changan’s Qiyuan E07 Launch at 199,900 yuan
On October 21, Changan debuted the Qiyuan E07 model with a starting price of 199,900 yuan, offering both extended-range and pure electric options. Built on the SDA architecture, the pure electric version offers single and dual motor configurations with a maximum output of 252 kW and 365 N•m for the single motor, and 440 kW and 645 N•m for the dual motor variant. The pure electric versions come with an 89.98 kWh battery, offering a 0-100 km/h acceleration in 3.96 seconds and a range of 701 km for the dual motor and 651km for the single motor model.
KG Mobility Partners with Chery for Future Mobility Technologies
On October 21, South Korean automaker KG Mobility announced a strategic partnership with Chery Automobile to advance future mobility technologies. The collaboration aims to expedite the development timeline for new models, expand vehicle lineups, and adapt to the rapidly evolving automotive market. The partnership will focus on developing mid-sized and large SUVs.
2022 CHANGAN
LUMIN
202318,000kmBEV
$5,734
2022 GEELY
EMGRAND
202220,000kmPetrol
$7,428
2024 BYD
SEAGULL
2024100kmBEV
$8,927
2018 BYD
YUAN
201855,000kmBEV
$5,067
2022 BYD
HAN
202232,000kmPHEV
$16,842
2019 HYUNDAI
LA FESTA
2019100,000kmPetrol
$7,150
2012 TOYOTA
CAMRY
201498,000kmPetrol
$7,400
2022 AION
S PLUS
202260,000kmBEV
$11,732
Unpacking the Ownership Structure of Volvo Cars
Wang Lin · 2024-07-16
Li auto’s Milestones: How Li Auto Reached 800,000 Deliveries
Li Auto's Soaring Achievements in the EV Landscape
Liang Xiao · 2024-06-24
The 2025 Guide to Import Used Cars from China to Egypt
Understanding regulations and procedures for importing used cars from China into Egypt
Ma Xi · 2025-01-07
The 2024 Guide to Import Used Cars from China to Algeria
Navigating the Import Process from China to Ghana: Insights, Regulations, Taxes, and Necessary documents
Jerry Jiang · 2024-08-04
China Auto Daily丨Used Car Transactions in China Rise by 6.37% in October
In October, China's used car market saw a 6.37% year-on-year rise. Xiaomi plans to launch the YU7 SUV next year, and NIO's ET9 received China's first steer-by-wire production permit.
China Automotive News · 2024-12-10
China Auto Daily丨 October Auto Exports in China Reach 590,000 Units, 11% YoY Growth
In October 2024, China exported 590,000 cars, growing 11% year-on-year. Additionally, Chery's joint venture factory in Spain began production, while Shanghai plans over 400 low-altitude flight routes by 2027.
China Automotive News · 2024-11-25
MONA M03 Launch: Unbeatable Value Starting at RMB 119,800
XPENG launches the MONA M03 at its 10th Anniversary, offering advanced features at competitive prices. Within 48 hours, it garnered 30,000 firm orders, making a mark in the A-segment market.
eastmoney · 2024-08-30
Neta Auto Opens First Flagship Store in Kenya
On June 27th, Neta Auto announced its expansion into the African market, opening its first flagship store in Nairobi, Kenya. This movement marks a new competitive era in the right-hand drive vehicles market, signaling the start of Neta Auto's global expansion strategy.
yiche · 2024-07-02