- Summary: Profitability of Chinese Automakers in 2017
According to the financial reports released by corresponding automakers, SAIC Motor became the champion in both operation revenue and net profit among all Chinese automakers.
Apr. 11 , 2018
- Summary: Profitability of Chinese Automakers in 2017
- 39 local automakers need to buy NEV credits for 2017 sales
During 2017, 99 domestic passenger vehicle companies produced a total of 21,730,000 passenger vehicles. 55 self-owned vehicle companies created 1,690,000 NEV credits in total.
Apr. 10 , 2018
- 39 local automakers need to buy NEV credits for 2017 sales
- BYD posts YoY sales growth of 21.8% in Q1
BYD delivered 111,777 vehicles in the first quarter, among which 29,637 units are NEVs, according to the latest sales data released by BYD on Apr. 9.
Apr. 10 , 2018
- BYD posts YoY sales growth of 21.8% in Q1
- BYD said to foray into rocket transportation area
BYD will reportedly cooperate with the China Academy of Launch Vehicle Technology in such areas as honeycomb structure, composite materials and light weight through communication and discussion.
Apr. 09 , 2018
- BYD said to foray into rocket transportation area
- NIO expects to have loss of RMB 5.1 billion in 2018
NIO, one of China’s EV startups, plans to deliver 30,000 new vehicles and gain revenue of RMB 11.4 billion in 2018, but the startup also expects to have a loss of RMB 5.1 billion in 2018, according ...
Apr. 08 , 2018
- NIO expects to have loss of RMB 5.1 billion in 2018
- BYD intends to make spin-off battery unit to be listed on stock exchange
BYD intends to spin off its battery and photovoltaic unit and further promote the separated unit to be listed on a stock exchange, aiming to rival with CATL and trying to seize the to-be-lost strategi...
Mar. 29 , 2018
- BYD intends to make spin-off battery unit to be listed on stock exchange
- BYD expects to double new energy passenger vehicle sales in Q1
BYD expects to have a YoY sales surge of new energy passenger vehicles over 200% in the first quarter, and also a YoY sales growth of more than 20% in passenger vehicles in the same period.
Mar. 29 , 2018
- BYD expects to double new energy passenger vehicle sales in Q1
- BYD reports YoY net profit slump of 19.51% to RMB 4.066 billion in 2017
BYD earned revenue of RMB 105.915 billion in 2017, up 2.36% on an annual basis, according to BYD’s 2017 financial report released on Mar. 28.
Mar. 28 , 2018
- BYD reports YoY net profit slump of 19.51% to RMB 4.066 billion in 2017