Market & Industry
HOZON Auto sees 144% YoY soar in May deliveries
HOZON Auto sees 144% YoY soar in May deliveries

In May, HOZON Auto, the startup owning the new energy brand NETA, celebrated another month with over 10,000 vehicles delivered, more than doubled from a year ago.

Jun. 1 , 2022
AITO M5’s cumulative deliveries surpass 10,000 units in three months
AITO M5’s cumulative deliveries surpass 10,000 units in three months

On the first day of June, HUAWEI and SERES’ young new energy vehicle brand AITO, reported outstanding growing momentum regarding monthly delivery volume in May.

Jun. 1 , 2022
China's vehicle inventory alert index in May drops 9.6 percentage points MoM
China's vehicle inventory alert index in May drops 9.6 percentage points MoM

China's vehicle inventory alert index (“VIA”), which reflects the inventory pressure on automobile dealers, declined 9.6 percentage points month on month in May 2022, according to the China Automobile Dealers Association (CADA).

May 31 , 2022
Gotion High-Tech adds 30GWh production capacity with two new sites starting production
Gotion High-Tech adds 30GWh production capacity with two new sites starting production

Gotion High-Tech has added 30 GWh to its total production capacity by opening two new sites at the end of May, representing a great significance to the company's aim of increasing total production capacity to 100GWh by the end of this year.

May 31 , 2022
Dongfeng Motor Group to gain back control right of light truck company DFAC
Dongfeng Motor Group to gain back control right of light truck company DFAC

On May 30th, Dongfeng Motor’s light truck arm Dongfeng Automobile Company (DFAC) announced that its controlling shareholder has been changed from Dongfeng Motor Company Limited (DFL) to Dongfeng Motor Group (DFMG).

May 31 , 2022
BYD scores over 140% YoY spike in April PV registrations, greatly driven by NEVs
BYD scores over 140% YoY spike in April PV registrations, greatly driven by NEVs

In April 2022, China's registrations of locally-made passenger vehicles ("PV") reached 969,092 units, but BYD weathered the general slowdown unscathed.

May 30 , 2022