Market & Industry
BAIC Motor posts 8.2% YoY drop in Q1 2022 revenue
BAIC Motor posts 8.2% YoY drop in Q1 2022 revenue

BAIC Motor Corporation Limited (“BAIC Motor”), a HK-listed subsidiary of BAIC Group, announced earlier this week its revenue in the first quarter of 2022 reached around 45.73 billion yuan ($6.972 billion), sliding 8.2% year on year.

Apr. 28 , 2022
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
UMC, DENSO ally on automotive power semiconductors
UMC, DENSO ally on automotive power semiconductors

DENSO Corporation and United Semiconductor Japan Co., Ltd., a subsidiary of the semiconductor supplier United Microelectronics Corporation, announced on April 26 that they had agreed to team up on the production of power semiconductors.

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