- Hongqi’s monthly sales top 20,000 units for three straight months
FAW Group’s premium car brand Hongqi said its Oct. sales soared 93% over a year ago to roughly 23,000 units, exceeding 20,000 units for the third month in a row.
Nov. 02 , 2020
- BYD’s net profit skyrockets 1,362.66% YoY in Q3 2020
BYD announced its revenue reached 44.52 billion yuan ($6.63 billion), boasting a year-on-year leap of 40.72%. Meanwhile, its net profit attributable to shareholders skyrocketed 1,362.66% from a year a...
Oct. 30 , 2020
- China’s October passenger car sales expected to increase 6% YoY
Daily retail sales of China’s main passenger vehicle manufactures were 24,760 units during China’s National Holiday this year which spanned from Oct.1 to Oct.8, up by 1% year on year and down 26% ...
Oct. 30 , 2020
- GAC Group’s Q1-Q3 revenue edges up 0.38% YoY
For the first three quarters, GAC Group’s revenue climbed 0.38% year on year to 42.846 billion yuan ($6.380 billion), according to the financial results the automaker released on October 30.
Oct. 30 , 2020
- Top 5 Chinese EV startups all gain robust MoM growth in Sept. insurance registrations
The insurance registrations of startup-made NEVs topped 17,000 units last month, leaping from the roughly 13,000 units for the previous month, according to the CIRC.
Oct. 29 , 2020
- NEVs, HEVs to each account for 50% of China new vehicle sales in 2035
Sales of new energy vehicles (NEVs) in China, the world’s biggest auto market, will grow to 20% of overall new vehicle sales by 2025 from today’s 5% and jump to 50% by 2035, the China Society of A...
Oct. 27 , 2020
- China’s imported auto volume jumps 23.8% year on year in September
In September, the automobile import volume in China jumped 23.8% year on year to roughly 104,000 units (including chassis), which are worth 28.6 billion yuan ($4,290,943,800), according to the Sinomac...
Oct. 23 , 2020
- GAC NE said to spin off Aion as independent brand
Aion, the NEV brand of GAC New Energy Automobile Co.,Ltd (GAC NE), will be separated as an independent brand in November, which will run in parallel with GAC Trumpchi, according to a local media outle...
Oct. 22 , 2020
