Market & Industry
China's locally-made PV retail sales grow MoM, YoY in Feb. 2023
China's locally-made PV retail sales grow MoM, YoY in Feb. 2023

China's passenger vehicle (PV) retail sales amounted to 1.418 million units in Feb. 2023, growing 10.4% from the previous year, while also rising 8.8% from the previous month, according to the China Passenger Car Association (CPCA).

Mar. 8 , 2023
Changan Automobile achieves 38.27% YoY jump in Feb. 2023 sales
Changan Automobile achieves 38.27% YoY jump in Feb. 2023 sales

In February 2023, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) saw its monthly sales recover from the downturn in January with a double-digit year-on-year growth.

Mar. 8 , 2023
ECARX’s chairman & CEO to additionally play same roles at Xingji Meizu
ECARX’s chairman & CEO to additionally play same roles at Xingji Meizu

ECARX Holdings announced on Mar. 7 that its Chairman and CEO, Shen Ziyu, will additionally assume the position of CEO and Chairman of Xingji Meizu Group, while retaining his role in and his commitment to ECARX.

Mar. 8 , 2023
JAC Group boasts 41.57% YoY surge in Feb. 2023 sales
JAC Group boasts 41.57% YoY surge in Feb. 2023 sales

In the second month of 2023, JAC Group sold 49,688 vehicles in total, representing a 40.32% jump from the previous month and a 41.57% surge from the previous year, according to JAC Group’s announcement issued on March 7.

Mar. 7 , 2023
Geely Holding, TEDA to co-launch industrial fund for automotive business investment
Geely Holding, TEDA to co-launch industrial fund for automotive business investment

Zhejiang Geely Holding Group (“Geely Holding”) and local authorities of Tianjin Economic-Technological Development Area (“TEDA”) intend to jointly launch an industrial fund focusing on the investment in the automotive industry.

Mar. 7 , 2023
Geely Automobile sees monthly auto sales leap 39% YoY in Feb. 2023
Geely Automobile sees monthly auto sales leap 39% YoY in Feb. 2023

Geely Automobile Holdings Limited (“Geely Automobile”) announced on Monday its monthly sales reached 108,701 units in Feb. 2023, leaping around 39% from the previous year, while also rising 5% from the previous month.

Mar. 6 , 2023