Market & Industry
Tesla China makes first export shipment after Shanghai factory reopens
Tesla China makes first export shipment after Shanghai factory reopens

On May 11, the ro-ro ship "GLOVIS SPLENDOR" carrying 4,767 Tesla's China-made vehicles departed from Port of Shanghai, indicating the first batch of exports since Tesla's Shanghai Gigafactory resumed production on April 19.

May 11 , 2022
China’s auto sales down by 47.6% YoY in April 2022
China’s auto sales down by 47.6% YoY in April 2022

In April, the country produced 1.205 million vehicles, down by 46.2% month over month and 46.1% year over year while the monthly sales dropped 47.6% from a year earlier to 1.181 million units.

May 11 , 2022
SAIC Volkswagen bumps up prices of Volkswagen-branded models
SAIC Volkswagen bumps up prices of Volkswagen-branded models

SAIC Volkswagen, the joint venture between SAIC Motor and Volkswagen Group, announced this week the MSRP (manufacturer's suggested retail price) of several Volkswagen-branded models would be raised from May 11.

May 11 , 2022
Geely’s ZEEKR sees April sales climb 19% MoM
Geely’s ZEEKR sees April sales climb 19% MoM

In April, China’s major automaker Geely Automobile Holdings Limited (Geely Auto), saw its premium EV brand ZEEKR recover from last month’s sales slope, according to the company’s report on May 10th.

May 10 , 2022
BYD tops other PV makers in China by April retail, wholesale volumes
BYD tops other PV makers in China by April retail, wholesale volumes

In April 2022, the retail sales of locally-made PVs in China amounted to around 1.062 million units, plunging 35.7% from a year earlier, while also tumbling 34% compared to the previous month, according to the CPCA.

May 10 , 2022
Haima Automobile sets up subsidiary for green energy businesses
Haima Automobile sets up subsidiary for green energy businesses

Chinese carmaker Haima Automobile set up on May 9 a wholly-owned subsidiary, which is permitted to sell hydrogen refueling and storage facilities.

May 10 , 2022