Market & Industry
FAW Hongqi achieves record-high annual sales in 2024
FAW Hongqi achieves record-high annual sales in 2024

FAW Group's Hongqi brand recently announced its 2024 sales performance, reporting a total of 411,777 vehicles sold throughout the year, which represented a 17.4% year-on-year increase.

Jan. 6 , 2025
GAC Group aims to gain 15% YoY growth in 2025 annual vehicle sales
GAC Group aims to gain 15% YoY growth in 2025 annual vehicle sales

For 2025, GAC Group aims to achieve a 15% year-over-year growth in annual sales.

Jan. 3 , 2025
Changan Automobile renames NEVO C798 SUV to NEVO Q07
Changan Automobile renames NEVO C798 SUV to NEVO Q07

Changan Automobile's new energy vehicle brand NEVO changed the name of the NEVO C798, its fire new SUV model, to the NEVO Q07, NEVO announced on the first day of 2025 via its WeChat account.

Jan. 3 , 2025
Changan KAICHENG raises over 2 billion yuan in Series A financing
Changan KAICHENG raises over 2 billion yuan in Series A financing

Changan Automobile's commercial vehicle brand KAICHENG announced on Jan. 2 it successfully raised over 2 billion yuan in its Series A funding round, marking a significant milestone in its capital market journey.

Jan. 3 , 2025
Huawei's Harmony Intelligent Mobility Alliance delivers 49,474 vehicles in Dec. 2024
Huawei's Harmony Intelligent Mobility Alliance delivers 49,474 vehicles in Dec. 2024

Huawei's smart car alliance, Harmony Intelligent Mobility Alliance (HIMA), announced a record-breaking monthly delivery of 49,474 vehicles in December 2024.

Jan. 3 , 2025
NIO's ONVO brand sells over 10,000 vehicles in Dec. 2024
NIO's ONVO brand sells over 10,000 vehicles in Dec. 2024

In December 2024, NIO’s sub-brand ONVO delivered 10,528 vehicles, marking a 107% month-on-month (MoM) spike, according to ONVO’s latest sales results.

Jan. 2 , 2025