On March 30th, local EV startup, Aiways, announced a price increase on tis only model on the market, the U5, effective April 6th.
Mar. 31 , 2022On March 31st, WM Motor officially introduced its M7 battery-electric sedan model powered by Sixents’ high precision location service.
Mar. 31 , 2022GAC Group announced earlier this week its annual gross revenue jumped 19.82% year on year to around 75.676 billion yuan ($11.9 billion) in 2021.
Mar. 31 , 2022BYD Company Limited (“BYD”) saw its annual net profit attributable to shareholders dwindle 28.08% year on year to 3.045 billion yuan ($479 million) in 2021, according to the company's announcement.
Mar. 30 , 2022China’s leading auto parts supplier, Ningbo Tuopu Group projected a 50% to 54% year-on-year surge in revenue in the first quarter of 2022, according to the company’s performance preannouncement released on March 29th.
Mar. 30 , 2022Great Wall Motor’s business strategies helped the company bring in RMB136.4 billion ($21.43 billion) annual revenue in 2021, jumping 32.04% year over year, according to its 2021 annual report released on March 29th.
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