Market & Industry
Tesla sells 28,217 China-made vehicles in July 2022
Tesla sells 28,217 China-made vehicles in July 2022

In the seventh month of 2022, Tesla sold 28,217 China-made vehicles in wholesale, representing a 14% decline over the previous year, according to the China Passenger Car Association (CPCA).

Aug. 9 , 2022
China's locally-made PV retail sales jump 20.1% YoY in July 2022
China's locally-made PV retail sales jump 20.1% YoY in July 2022

In July 2022, China's passenger vehicle ("PV") retail sales amounted to 1.843 million units, jumping 20.1% compared to the previous year, while sliding 6.3% from the previous month, according to the China Passenger Car Association (CPCA).

Aug. 9 , 2022
Huawei-powered AVATR 11 starts at RMB349,900
Huawei-powered AVATR 11 starts at RMB349,900

AVATR, the high-end intelligent electric vehicle brand jointly backed by Changan Automobile, Huawei, and CATL, officially put its first production model, the AVATR 11, onto the market on August 8th.

Aug. 8 , 2022
Autoliv inks agreement to build Jiading factory’s 2nd phase
Autoliv inks agreement to build Jiading factory’s 2nd phase

Autoliv, a global automotive safety system supplier, signed an agreement a few days ago to expand its production capacity in its Shanghai factory, according to a post on the company's WeChat account.

Aug. 8 , 2022
Faurecia announces appointment of new president for China operation
Faurecia announces appointment of new president for China operation

Faurecia, the company of the Group FORVIA, announced today that Ma Chuan, President of Faurecia Seating in China, will assume the role of President of Faurecia China, effective September 1, 2022.

Aug. 8 , 2022
SAIC Motor boasts 43.74% YoY surge in July 2022 sales
SAIC Motor boasts 43.74% YoY surge in July 2022 sales

SAIC Motor announced today its auto sales reached 506,760 units in July 2022, surging 43.74% year on year, while also growing 4.79% month on month.

Aug. 5 , 2022