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New energy buses take center stage at bus & truck exhibition

The 2017 China Beijing International Exhibition on Buses, Trucks and Components was held on May 24-26 in Beijing with leading bus manufacturers exhibiting their latest products and innovations. Compared with previous editions, this year’s exhibition had the following key highlights in terms of new products, technology and competitive characteristics.  

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Gree’s acquisition of Yinlong: more than making buses

This issue features an interesting article by our guest columnist Yao Wei of find800.cn on Gree and Yinlong, two of the hottest names in China’s bourgeoning new energy bus industry that has recently been rocked by a subsidy cheating scandal. Scandal aside, neither Gree nor Yinlong are household names in the

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Reasons behind July’s sharp drop in electric bus output

After six consecutive months of growth from January to June, electric bus production witnessed a significant drop in July. According to factory production certificate data from the Ministry of Industry and Information Technology (MIIT), merely 3,394 electric buses were produced in July, a sharp decline of 40 percent from a

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Roundup of commercial vehicle enterprise financial reports in 2015 (I)

Major public-listed commercial vehicle and construction machinery manufacturers recently released their financial performance for 2015. Below are some highlights of their financial reports. DFG sales revenue increases 52.3 percent According to the 2015 yearly performance of Dongfeng Motor Group Co., Ltd. (DFG), the company witnessed sales revenue increase of 52.3

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M&A of bus manufacturers facing mixed fortunes

The Chinese bus industry has witnessed several mergers and acquisitions recently. For example, the Gree Group has acquired Zhuhai Yinlong New Energy Co., Geely Group has purchased Dongfeng Nanchong, Ayvip Bus has become part of Shanlin Financial, and Zonda Group has sold its Zonda Yanjing Bus brand. Earlier last year,

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Large bus sales drop 32 percent in February

BEIJING – China sold 25,330 buses (including chassis) in February, down 22.08 percent on a yearly basis and 44.23 percent on a monthly basis, according to the latest statistics of China Association of Automobile Manufacturers (CAAM). Large bus, medium bus and microbus all witnessed sales decline due to the

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