Market & Industry
Li Auto Inc. Announces Unaudited Third Quarter 2021 Financial Results
Li Auto Inc. Announces Unaudited Third Quarter 2021 Financial Results

Total revenues were RMB7.78 billion (US$1.21 billion) in the third quarter of 2021, representing an increase of 209.7% from RMB2.51 billion in the third quarter of 2020 and an increase of 54.3% from RMB5.04 billion in the second quarter of 2021.

Nov. 29 , 2021
Car and City: October 2021 insurance registrations of BYD Dolphin
Car and City: October 2021 insurance registrations of BYD Dolphin

Insurance registrations of the BYD Dolphin surged 130% in October when compared with the volume of September, and the cumulative registrations of the city car amounted to 5,821 vehicles since it hit the market at the end of August.

Nov. 29 , 2021
Xiaomi EV to build plant in Beijing E-Town with annual capacity of 300,000 vehicles
Xiaomi EV to build plant in Beijing E-Town with annual capacity of 300,000 vehicles

Beijing Economic-Technological Development Area, also called E-Town announced on November 27th that Xiaomi EV has officially sealed the deal of setting up its headquarters in the area.

Nov. 29 , 2021
China’s multi-trillion company Wanda Group sets up auto venture in Zhuhai
China’s multi-trillion company Wanda Group sets up auto venture in Zhuhai

China’s well-known enterprise, Dalian Wanda Group, has established an auto venture in Zhuhai with RMB100 million registered capital, according to corporate database Tianyancha.

Nov. 25 , 2021
​GWM’s ORA Cat caught in CPU scandal with unsatisfactory compensation
​GWM’s ORA Cat caught in CPU scandal with unsatisfactory compensation

Great Wall Motor’s ORA brand finally responded to its month-long chip dispute with a subpar compensation proposal.

Nov. 25 , 2021
CATL strikes pact with Canadian Solar’s subsidiary to co-work on battery storage system solutions
CATL strikes pact with Canadian Solar’s subsidiary to co-work on battery storage system solutions

CATL inked an agreement with CSI Solar earlier this week, to carry out the strategic cooperation on a slew of business including energy storage and new energy technologies.

Nov. 25 , 2021