Market & Industry
Honda Motor boasts 19.4% YoY jump in June China sales
Honda Motor boasts 19.4% YoY jump in June China sales

Honda Motor announced today its monthly China sales reached 141,142 units in June 2022, jumping 19.4% from a year earlier.

Jul. 5 , 2022
China reduces 7.1 billion yuan of car purchase tax in June
China reduces 7.1 billion yuan of car purchase tax in June

There were around 1.097 million cars benefiting from China’s car purchase tax breaks during the first month after the policy came into force, according to the data released by China's State Taxation Administration.

Jul. 5 , 2022
HUAWEI-backed AITO unveils second model M7, priced at RMB319,800-RMB379,800
HUAWEI-backed AITO unveils second model M7, priced at RMB319,800-RMB379,800

On July 4th, AITO, the jointly developed brand of HUAWEI and SERES, introduced its second production model, the M7, at HUAWEI’s summer new product launch.

Jul. 4 , 2022
HUAWEI-backed AITO sells 7,021 M5s in June
HUAWEI-backed AITO sells 7,021 M5s in June

AITO, the premium new energy vehicle brand jointly developed by SERES and HUAWEI, saw its June sales record reach a new high.

Jul. 4 , 2022
Geely-backed Xingji Technology gains control of smartphone maker Meizu
Geely-backed Xingji Technology gains control of smartphone maker Meizu

On July 4, Hubei Xingji Shidai Technology Co., Ltd., a Geely-backed mobile device company, signed an agreement for the strategic investment in the smartphone maker Zhuhai Meizu Technology Co., Ltd.

Jul. 4 , 2022
BYD sees H1 2022 sales rocket 162.03% YoY
BYD sees H1 2022 sales rocket 162.03% YoY

​BYD Company Limited (“BYD”) saw its monthly auto sales hit another record high of 134,036 units in June 2022, zooming up 162.74% year on year, while also growing 16.61% month on month, the company announced last Sunday.

Jul. 4 , 2022