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Eight characteristics of China’s used vehicle market in 2017

WUHAN, Hubei – China’s used vehicle market in 2017 has eight key characteristics, according to Xiao Zhengsan, secretary-general of China Automobile Dealers Association (CADA). Xiao made the comments while presenting the 2017 Analysis Report on the Top 100 of China’s Used Vehicle Market at the 2017 China Used Car Assembly

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Fortunes in the heavy-duty truck and bus markets not market induced

This issue’s feature and statistics sections show entire different directions the heavy-duty truck and bus markets have been going toward. While heavy-duty truck sales and particularly the natural gas heavy-duty truck volume continue to grow at multiples, the bus market continues to shrink with just a few outliers bucking the

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Top 10 industry news stories of 2016

The following Top 10 news stories are selected by the editorial board of CBU/CAR as the most important events of China’s automobile market in 2016. – Editor 1. Never say never: new records for auto and NEV sales China selling a record 28 million vehicles in 2016 would have been

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The 7th Global NEV Conference: redefining the automobile

BEIJING – The 7th Global NEV Conference, organized by d1ev.com, was held on December 17 here. Executives from new energy vehicle manufacturers, suppliers and tech companies shared their ideas on the future development of China’s smart EV industry, new business models and market trends. Pang Yicheng, chairman of Beijing Zhidian

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Charging forward: China to build more EV charging facilities

In 2015, China sold 330,000 new energy vehicles. The record-making sales volume made China the world’s No. 1 EV market. However statistics from China Association of Automobile Manufacturers (CAAM) show, charging poles numbered merely 57,000 by the end of 2015. While the central government planned to have 40,000 charging poles

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Car hailing industry being reshaped as more catfishes emerge

Another brand has gained foothold and joined in the cutthroat competition in the car hailing service industry. Regarded by some as the official car hailing service platform for its state-owned enterprise background, Shouqi Limousine & Chauffeur under Shouqi Group has suddenly become more appealing after Beijing released its local policies

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Xu Chaoqian: breaking local protectionism a must to speed up NEV development

HEFEI, Anhui – To promote new energy vehicle development, local protectionism must be broken up, said Xu Chaoqian, deputy director general of the Department of High and New Technology Development and Industrialization under the Ministry of Science and Technology. Xu made such remark at the 2016 China New Energy Vehicle

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The era of e-commerce, connected vehicles and green mobility

Happy New Year! With 2014 behind us, it is tough to conclude with one or two things that have shaped the industry. There have been many significant news and events over the past year. China remained as the world’s largest new vehicle market with sales topping 23 million units. There

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New policies to alter industry structure

The history of the farm vehicle will be coming to an end in about two years while low-speed electric vehicles could finally be recognized as part of the auto industry, according to two policies released in November by China’s top industrial and macroeconomic regulators. Both policies are expected to transform

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