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The 2019 Top 100 Automotive Parts Companies List Has Been Released.

The 2019 Top 100 Automotive Parts Companies List Has Been Released.

Top 100 Automotive Parts Enterprises

24

2019

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09

The August 2019 sales ranking for automobile brands is out!

The August 2019 sales ranking for automobile brands is out!

Automotive Industry Ranking

24

2019

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09

SK Innovation announced that it will develop new batteries and increase its production capacity.

SK Innovation announced that it will develop new batteries and increase its production capacity.

According to foreign media reports, SK Innovation announced that the company will develop a new electric-vehicle battery designed to increase the maximum driving range of EVs to 500 kilometers. The product is expected to be commercially available as early as 2021. The company plans to boost its battery production capacity by more than 20 times by 2025, aiming to become the world’s third-largest player in the global battery market through substantial investment and technological R&D. On May 27, Kim Jun, CEO of SK Innovation, unveiled the company’s growth strategy at a press conference, pledging to fully develop next-generation NCM (nickel, cobalt, manganese) electric-vehicle battery cells—three key metals.

03

2019

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06

The synergy between aviation and automobiles

The synergy between aviation and automobiles

The 2019 Aerospace Conference was held on April 24 in Changsha, Hunan Province. At this grand event, the most eye-catching highlight was the strategic cooperation agreement formally signed by WEY, the leading SUV brand of Great Wall Motors, with the China National Space Foundation and the China Academy of Launch Vehicle Technology! Many of you might be feeling completely confused—could it be that the day when cars flying in the sky, as seen in science fiction movies, is finally upon us? Let’s hear from our editor to find out more: This strategic partnership has achieved four “China firsts” in one fell swoop: It marks the first time an automotive brand has become a partner of China’s aerospace program, and also the first-ever maritime launch partnership established between Chinese entities; furthermore, it represents the first time a national-level fire...

05

2019

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05

March 2019 Passenger Vehicle Sales Statistics

March 2019 Passenger Vehicle Sales Statistics

According to the latest comprehensive sales data released by the China Passenger Car Association, domestic narrow-definition passenger car sales in March reached 1.74 million units, down 12.1% year-on-year. This marks the 10th consecutive month of year-on-year decline in sales. Compared with the year-on-year decline since the fourth quarter of 2018, sales have shown a gradually improving trend in recent months. In the first quarter of 2019, cumulative sales totaled 5.077 million units, down 10.5% year-on-year. The consumption pattern continues to reflect faster growth among luxury brands than among mainstream joint-venture brands, and faster growth among mainstream joint-venture brands than among domestic brands. Specifically, sedan sales in March reached 857,000 units, down 12.0% year-on-year but up 4% month-on-month.

16

2019

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04

Breaking news—Geely invests in SMART.

Breaking news—Geely invests in SMART.

At 3:30 p.m. on March 28, Geely and Daimler announced the establishment of a joint venture at Geely’s Hangzhou Bay Research Institute, with its headquarters located in China! The joint venture will be established by the end of the year and will jointly operate the smart brand, positioning it as a leading premium all-electric vehicle brand. ↓↓↓ According to official statements, the new joint venture—funded equally by both parties at 50% each—will have a board of directors composed of six members, with each side appointing three directors: Tang Shikai, head of Daimler Greater China; Berthold Beitz, Vice President of Global Sales at Mercedes-Benz; Markus, Director in charge of production at the Mercedes-Benz Group; Li Shufu, Chairman of Geely Group; and An Conghui, President of Geely Group.

09

2019

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04

New Policies for New Energy Vehicles

New Policies for New Energy Vehicles

On March 26, China’s fiscal subsidy policy for the promotion and application of new-energy vehicles underwent adjustments. The subsidy standards, technical indicators, and quality supervision measures—topics of great interest to both consumers and manufacturers—now have “new guidelines.” On that day, the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the National Development and Reform Commission jointly issued a notice setting forth the latest regulations on subsidy standards and technical requirements for three categories of new-energy vehicles: passenger cars, buses, and trucks. A relevant official from the Department of Economic Construction of the Ministry of Finance stated that the subsidy policy for new-energy vehicles is not static. Since 2016, the policy has been adjusted in response to technological advancements, changes in costs, and developments in the domestic and international automotive industries.

01

2019

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04

The kickoff meeting for the compilation of the “2019 China Automotive Components Blue Book” was held in Beijing.

The kickoff meeting for the compilation of the “2019 China Automotive Components Blue Book” was held in Beijing.

To ensure the smooth progress of the preparation of the “2019 China Automotive Components Blue Book,” the China Association of Automobile Manufacturers and the China Automotive Engineering Research Institute Co., Ltd. jointly organized and held the Launching Meeting for the Compilation of the “2019 China Automotive Components Blue Book” in Beijing on March 12. At the meeting, participants discussed the requirements and outline for the blue book’s compilation and made arrangements for subsequent work. The meeting was chaired by Du Daofeng, Director of the Components Department of the China Association of Automobile Manufacturers. In his speech at the meeting, Shi Jianhua, Deputy Secretary-General of the China Association of Automobile Manufacturers, pointed out that the Automotive Components Blue Book, compiled jointly by the China Association of Automobile Manufacturers and the China Automotive Engineering Research Institute, is currently the most comprehensive...

25

2019

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03

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