Market & Industry
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
BYD scores 240.59% YoY hike in Q1 2022 net profit
BYD scores 240.59% YoY hike in Q1 2022 net profit

BYD saw the first-quarter net profit attributable to shareholders surge 240.59% year on year to 808.408 million yuan ($123.244 million).

Apr. 27 , 2022
Car and City: Model Y crowned most registered PV model in Beijing in March
Car and City: Model Y crowned most registered PV model in Beijing in March

In the third month of 2022, Beijing’s home-grown passenger vehicle registrations recovered from the slump in February, especially new energy vehicle registrations, according to data compiled by Gasgoo Auto Research Institute (GARI).

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
HUAWEI to launch new models in 2022
HUAWEI to launch new models in 2022

China’s ICT giant HUAWEI announced that there would be a new HUAWEI-powered vehicle coming this year at its 19th Global Analyst Summit in Shenzhen on April 26th.

Apr. 27 , 2022
Car and City: BYD crowned No.1 PV brand in Shanghai by Mar. 2022 registrations
Car and City: BYD crowned No.1 PV brand in Shanghai by Mar. 2022 registrations

Among the top 10 brands by March homemade PV registrations in Shanghai, BYD moved up to the top place with 99.7% of its registrations contributed by new energy vehicles (NEVs).

Apr. 26 , 2022