- HOZON Auto secures 5 billion yuan credit line from China CITIC Bank
HOZON Auto, a Chinese EV startup possessing the NEV brand Nezha, was granted a credit line worth 5 billion yuan ($772.678 million) by China CITIC Bank on March 1, the company said via its WeChat accou...
Mar. 04 , 2021
- China auto sales surge 29.5% YoY in Jan. 2021
China auto outputs and sales reached 2.388 million and 2.503 million units respectively in Jan. 2021, rising 34.6% and 29.5% from a year earlier, and showing year-on-year growth for the tenth month in...
Feb. 09 , 2021
- Geely Auto January sales jump 40% year-on-year
The annual sales target for Geely is 1.53 million units, so during the first month of this year, it has completed over 10% of the target.
Feb. 08 , 2021
- Li Auto’s parent expands business scope with smart NEV production newly added
Beijing Chehejia Information Technology Co.,Ltd. (CHJ), the parent company of Chinese EV startup Li Auto, recently made some new businesses like the manufacture of intelligent new energy vehicles (NEV...
Feb. 08 , 2021
- Chinese EV startup HOZON Auto eyes 50,000-unit annual sales for 2021
HOZON Auto, a Chinese startup owning the EV brand “Nezha”, will strive to hit the annual sales target of 40,000-50,000 units for 2021, Zhang Yong, co-founder and CEO of HOZON Auto, revealed at a p...
Feb. 04 , 2021
- BYD sees auto sales soar 68.44% year on year in January
BYD Company Limited (BYD) announced its new vehicle sales reached 42,401 units in January 2021, shooting up 68.44% year on year, while falling 24.72% month on month.
Feb. 04 , 2021
- Li Auto announces January delivery update, establishment of R&D center in Shanghai
By the end of January, 2021, the startup’s cumulative deliveries reached 38,976 vehicles.
Feb. 02 , 2021
- Changan Automobile records 87.24% YoY leap in Jan. sales
Chongqing Changan Automobile Co., Ltd. (Changan Automobile) scored 87.24% year-on-year surge last month with 251,980 vehicles sold. As of Jan. 2020, the automaker’s monthly sales had presented year-...
Feb. 02 , 2021
