Market & Industry
Toyota Motor posts first YoY sales growth in China in four months
Toyota Motor posts first YoY sales growth in China in four months

​In the second month of 2023, among the three major Japanese automakers in China, both Honda Motor and Nissan Motor still face a double-digit year-over-year downturn in monthly sales in the country, while Toyota Motor saw its monthly performance reco

Mar. 10 , 2023
CATL boasts 152.07% YoY hike in 2022 annual revenue
CATL boasts 152.07% YoY hike in 2022 annual revenue

Contemporary Amperex Technology Co., Ltd. (“CATL”) announced on Mar. 9 that its annual revenue reached 328.594 billion yuan ($47.191 billion) in the year of 2022, surging 152.07% from the previous year.

Mar. 10 , 2023
Great Wall Motor’s Feb. 2023 auto sales dip 3.65% YoY
Great Wall Motor’s Feb. 2023 auto sales dip 3.65% YoY

Great Wall Motor (“GWM”) announced on Thursday its sales reached 68,209 vehicles in Feb. 2023, edging down 3.65% from a year earlier.

Mar. 10 , 2023
Nissan Motor’s China sales grow 26.3% MoM in Feb. 2023
Nissan Motor’s China sales grow 26.3% MoM in Feb. 2023

In the second month of 2023, Nissan Motor saw its monthly China sales recover from a month ago with a double-digit growth.

Mar. 9 , 2023
Dongfeng Motor Group’s Feb. 2023 sales recover MoM
Dongfeng Motor Group’s Feb. 2023 sales recover MoM

In February 2023, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) sold 154,197 vehicles, indicating a turnaround from the sales plunge last month.

Mar. 9 , 2023
GAC Group sees NEV sales rocket 204.93% YoY in Feb. 2023
GAC Group sees NEV sales rocket 204.93% YoY in Feb. 2023

GAC Group announced on Wednesday it sold 161,219 vehicles in the second month of 2023, representing a 12.38% increase year-over-year.

Mar. 9 , 2023