- GAC Group’s H1 2023 revenue rises YoY, but net profit plunges
GAC Group recently unveiled its financial data for the first half of 2023 (H1 2023), shedding light on a period marked by both growth and challenges.
Aug. 28 , 2023
- EVE Energy boasts 71.92% YoY surge in H1 2023 revenue from power battery sales
In the first half of this year, China's lithium-ion battery manufacturer, EVE Energy Co., Ltd. (called “EVE Energy” for short), demonstrated remarkable performance, with a total operating revenue ...
Aug. 25 , 2023
- China’s locally-made passenger vehicle retail sales likely to rise 4.7% YoY in Aug. 2023: CPCA
China's domestic passenger vehicle retail sales are anticipated to reach 1.85 million units in August 2023, which should edge down 1.3% from the previous year, but still climbed 4.7% from the previous...
Aug. 25 , 2023
- Toyota, Honda, Nissan’s China sales all plummet YoY in July
In July 2023, Japanese auto brands suffered a 34.6% year-on-year plummet in sedan sales in China, which stood at roughly 135,000 vehicles compared to the 489,000 vehicles sold by Chinese indigenous...
Aug. 21 , 2023
- Dongfeng Motor Group faces YoY drop in July auto sales
Dongfeng Motor Group Company Limited (Dongfeng Motor Group) was challenged with a double-digit decline in July auto sales, according to the company’s report released on August 10.
Aug. 11 , 2023
- China’s NEV market continues to grow in July 2023 with 31.6% YoY surge in sales
In July, the Chinese automotive market experienced a deceleration in production and sales, influenced by the high base effect from the same period last year and compounded by the traditional off-seaso...
Aug. 10 , 2023
- GAC Group’s auto sales drop YoY in July, but NEV sales still surge
GAC Group announced this week it sold 189,199 vehicles in July 2023, representing a 14.04% decline year-on-year.
Aug. 10 , 2023
00:42- BYD hits 5-million-unit production milestone for new energy vehicles
On August 9, BYD, a trailblazer in the new energy vehicle (NEV) sector, celebrated a momentous achievement as its 5 millionth NEV rolled off the assembly line, marking a significant milestone for the ...
Aug. 09 , 2023
