Market & Industry
HUAWEI-associated automaker Sokon Group sees 165% YoY soar in Mar. NEV sales
HUAWEI-associated automaker Sokon Group sees 165% YoY soar in Mar. NEV sales

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group) sustained its growing momentum to March, with substantial growth in both production and sales volume, the automaker reported on April 6th.

Apr. 7 , 2022
HUAWEI's auto partner ARCFOX lifts EV prices
HUAWEI's auto partner ARCFOX lifts EV prices

The high-end EV brand of BAIC Group, ARCFOX, issued a price increase on its entire product lineup on April 6th.

Apr. 7 , 2022
Joyson Electronics breaks ground on new industrial base in Hefei
Joyson Electronics breaks ground on new industrial base in Hefei

China’s auto parts supplier Joyson Electronics’ auto safety arm, Joyson Safety, has started the construction of its new industrial base in Hefei, Anhui province, the company announced on April 6th.

Apr. 7 , 2022
Skyworth Auto's 2022 Q1 deliveries surpass annual sum of 2021
Skyworth Auto's 2022 Q1 deliveries surpass annual sum of 2021

China’s EV startup Skyworth Auto saw substantial growth in its quarterly delivery volume from January to March, the startup announced on March 2nd.

Apr. 6 , 2022
Honda Motor logs 33.2% YoY drop in Mar. China sales
Honda Motor logs 33.2% YoY drop in Mar. China sales

Affected by the pandemic and the auto parts supply constraints, Honda Motor (“Honda”) saw its monthly China sales tumble 33.2% year on year to 101,061 units.

Apr. 6 , 2022
CATL’s German plant green-lighted to produce battery cells
CATL’s German plant green-lighted to produce battery cells

On April 4, Contemporary Amperex Technology Thuringia GmbH was granted the second partial approval for battery cell production from the government of Thuringia, a state in east-central Germany.

Apr. 6 , 2022