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30 September 2020 Following two media days and two trade days, AutoChina 2020 opened to the public today, 30 September. Below is a list of world premieres. 28 September 2020 Volkswagen Group premium brand Audi is in talks with long-term partner FAW Group about creating a second joint venture to build electric cars on its PPE platform in China, Reuters said, citing a weekend report in Germany s Automobilwoche. 28 September 2020 Volkswagen said on Monday it and three local joint ventures planned to invest around EUR15bn ($17.44bn) in electric mobility in China, the world s biggest car market, between 2020 and 2024. 15 September 2020 SAIC Motor unveiled its first fuel cell powered MPV in Shanghai at the weekend, the Maxus EUNIQ 7, as part of a broader push to harness hydrogen as a key fuel of the future. ....
November 2020 update of top 5 Chinese EV startups’ insurance registrations Monika From Gasgoo | December 30 , 2020 Shanghai (Gasgoo)- In November, consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for 176,718 homegrown new energy passenger vehicles (NEPVs), representing a year-on-year hike of 180.22%, according to the China Insurance Regulatory Commission (CIRC). For the first eleven months, China s NEPV insurance registrations jumped 16.28% from a year ago to 901,908 units. Among the NEPVs registered last month, 21,015 units were from Chinese EV startups, a splendid growth of 224.21% compared to the year-ago period. The six startups whose Nov. registrations exceeded 10,000 units were NIO, Li Auto, Xpeng Motors, WM Motor, Leapmotor and HOZON Auto. Their registrations totaled 20,006 units last month, while still outnumbered by those of the Model 3, whose insurance volume stood at 21,572 units. ....
GAC Group eyes 10% year-on-year growth in 2021 auto sales Monika From Gasgoo | December 27 , 2020 Shanghai (Gasgoo)- GAC Group aims to achieve a year-on-year increase of 10% in 2021 s full-year auto sales, according to an operation plan the company approved on Dec. 25. Trumpchi GS4; photo credit: GAC Trumpchi The Guangzhou-based automaker said its annual production and sale outputs are anticipated to reach 2.026 million and 2.044 million units in 2020, edging down 0.1% and 0.8% over a year ago. For the month of December, the auto sales are expected to reach roughly 210,000 units. GAC Group was posting year-over-year growth of over 10% for five consecutive months since July. Notably, the growth stood at up to 21.53% in October. ....