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 GEELY
MONJARO
202222,000kmHybrid
$16,575
2023 JETTA
VS5
20236,000kmPetrol
$8,405
2022 GEELY
COOLRAY
202332,000kmPetrol
$10,879
2024 BYD
SEAL06 DM-I
20243,000kmPHEV
$12,685
2022 WULING
HONGGUANG MINI EV
2024200kmBEV
$3,945
2022 CHERY
TIGGO 7
202328,400kmPetrol
$9,489
2022 TOYOTA
VIOS FS
20235,000kmPetrol
$7,850
2019 GEELY
VISION X3
201972,000kmPetrol
$4,515
Unpacking the Ownership Structure of Volvo Cars
Wang Lin · 2024-07-16
The 2025 Guide to Import Used Cars from China to Algeria
Simplified Steps and Key Considerations for Algerian Buyers When Importing Cars from China
Ma Xi · 2024-12-24
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
BYD Unveils Updated Han 2025 Sedan: Smarter and Cheaper
BYD has launched its 2025 Han sedan, featuring enhanced intelligent systems and lower prices for both BEV and PHEV variants.
life.dayoo · 2024-09-13
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 Chery Recorded Monthly High in November Sales
Chinese brands achieved 2.16 million overseas sales from January-October 2024, while global NEV sales are forecasted to grow by 24.8% in 2024.
cls · 2024-12-03
China Auto Daily丨Leapmotor Sets Ambitious 4 Million Annual Sales Goal
China’s NEV sales grew by 45.8% during the National Day holiday. Chery plans a 50 billion yuan IPO, and Leapmotor aims for 4 million annual vehicle sales.
cls · 2024-10-09