China’s smartphone giant Xiaomi may have established its second automobile manufacturing plant in Shanghai, judging from the company’s recent auto supply bidding activities.
May 6 , 2022
On May 6th, Chinese automaker SERES released an announcement about an upcoming price increase on its Huawei Smart Selection SF5 model.
May 6 , 2022
Geely Holding has reportedly acquired China’s smartphone company Meizu and entered the final stage of the transactions, several local media outlets reported on May 6th.
May 6 , 2022
China's vehicle inventory alert index, which reflects the inventory pressure on automobile dealers, climbed 2.8 percentage points month on month in April 2022, according to the China Automobile Dealers Association (CADA).
May 5 , 2022
BAIC Group’s premium electric vehicle brand ARCFOX postponed the effective date of the previously announced price rise from May 1st to May 16th.
May 5 , 2022
SAIC Motor-backed auto parts supplier HUAYU Automotive Systems Company (HASCO) reported annual revenue of RMB139.944 billion ($21.17 billion) in 2021, up 4.8% year over year.
May 5 , 2022