Market & Industry
BAIC Bluepark Q1 revenue doubles YoY in 2022
BAIC Bluepark Q1 revenue doubles YoY in 2022

BAIC Bluepark, the parent company of BAIC Group celebrated a lucrative first quarter in 2022, with substantial growth in revenue compared to a year ago, according to its financial report released on April 27th.

Apr. 28 , 2022
BAIC Motor posts 8.2% YoY drop in Q1 2022 revenue
BAIC Motor posts 8.2% YoY drop in Q1 2022 revenue

BAIC Motor Corporation Limited (“BAIC Motor”), a HK-listed subsidiary of BAIC Group, announced earlier this week its revenue in the first quarter of 2022 reached around 45.73 billion yuan ($6.972 billion), sliding 8.2% year on year.

Apr. 28 , 2022
GAC Group’s Q1 2022 revenue leaps 45.67% YoY
GAC Group’s Q1 2022 revenue leaps 45.67% YoY

GAC Group announced on Wednesday that its revenue in the first quarter of 2022 came at 23.145 billion yuan ($3.529 billion), jumping 45.67% year on year.

Apr. 28 , 2022
Sokon signs contract with CATL for long-term battery supply
Sokon signs contract with CATL for long-term battery supply

Chongqing Sokon Industry Group Stock Co., Ltd. (“Sokon”) stated on April 26 it has inked long-term contracts with core suppliers as CATL as part of efforts to keep its production capacity stable.

Apr. 27 , 2022
UMC, DENSO ally on automotive power semiconductors
UMC, DENSO ally on automotive power semiconductors

DENSO Corporation and United Semiconductor Japan Co., Ltd., a subsidiary of the semiconductor supplier United Microelectronics Corporation, announced on April 26 that they had agreed to team up on the production of power semiconductors.

Apr. 27 , 2022
Leapmotor's C01 features 717km CLTC range
Leapmotor's C01 features 717km CLTC range

China’s electric vehicle startup Leapmotor released more details about its upcoming model, the C01, on April 26th.

Apr. 27 , 2022