• 08Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    BMW Group Director Gaulle: “Open Technology” Is The Only Sustainable Path To A Carbon-neutral Future

          On September 27, at the 2024 World New Energy Vehicle Conference, BMW Group Director Gao Le shared BMW’s insights on low-carbon transformation and global cooperation, and expressed optimism about the development prospects of China’s new energy vehicle market. BMW adheres to the strategy of advancing multiple technology paths in parallel, and vigorously […]

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  • 08Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Azalea China Receives New Capital Increase

                On September 29, 2012, Azalea announced that it has signed a strategic investment agreement with Hefei Jianheng New Energy Vehicle Investment Fund Partnership (Limited Partnership), Anhui High-Tech Industrial Investment Company Limited, and China Merchants Investment Management Company Limited (collectively, the “Strategic Investors”).           (collectively, the […]

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  • 08Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    U.S. Car Sales May Fall By 25,000 Units A Year Due To China Hardware And Software Bans

                   According to Reuters, on September 27, the U.S. Department of Commerce said that if proposed U.S. rules restricting the use of Chinese hardware and software in connected and self-driving cars are enforced, U.S. auto sales could drop by as much as 25,841 units per year and vehicle prices […]

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  • 07Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Volvo Cars, 50 Other Companies Urge EU To Stick To Fuel Car Ban

                 According to Bloomberg, 50 companies including Volvo Cars, Rivian, Uber Technologies Inc. and IKEA of Sweden AB and Spain’s electric utility Iberdrola SA have urged the European Union to stick to its plan to ban the sale of new fuel cars from 2035 and said the auto industry needs […]

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  • 07Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    UK May Not Meet 2024 Electric Car Sales Target

                 According to Reuters, on October 4, the Society of Motor Manufacturers and Traders (SMMT) warned that the UK electric vehicle market may not be able to achieve its expected targets under the Zero Emission Vehicle (ZEV) regulations by 2024 and called on the New Labour government to introduce incentives […]

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  • 07Oct2024
    New Car Sales in Europe Fall 3.5% YoY in January 2026, Sharp Drop For Traditi...
    Harmony Zhixing Delivers 39,931 New Vehicles in September, Sales Continue To Grow

    According to the latest statistics, a total of 39,931 new cars were delivered in September. From January to August, the average transaction price of all models of Harmony Zhixing reached 399,000 yuan, which was further increased compared with 381,700 yuan in July.     At present, Harmony Zhixing has three brands, Wenjie, Zhijie and Xiangjie, […]

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