Market & Industry
Toyota sees Q2 2022's first YoY increase in China monthly sales
Toyota sees Q2 2022's first YoY increase in China monthly sales

In the sixth month of 2022, the four major Japanese automakers, namely Toyota Motor, Honda Motor, Nissan Motor, and Mazda Motor all witnessed their monthly sales volume recover over the previous month.

Jul. 16 , 2022
June 2022 sales update of main Chinese auto groups and NEV startups
June 2022 sales update of main Chinese auto groups and NEV startups

China’s auto sales regained a vigorous rising impetus in June after shrinking year on year for three consecutive months, driven by waning coronavirus outbreaks and strong policies stimulus.

Jul. 15 , 2022
Xiaomi’s prototype car said to be unveiled in Aug., Xiaomi: “Untrue”
Xiaomi’s prototype car said to be unveiled in Aug., Xiaomi: “Untrue”

Xiaomi’s engineering prototype vehicle is reportedly expecting unveiling at an open event in August by the CEO of Xiaomi, Lei Jun, local media outlet Sina Tech disclosed on July 15th.

Jul. 15 , 2022
Huawei’s auto partner Sokon Group predicts widened net loss in H1 2022
Huawei’s auto partner Sokon Group predicts widened net loss in H1 2022

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the auto group owning the new energy vehicle brand SERES, projected a net loss in the first six months of 2022.

Jul. 15 , 2022
Gasgoo Daily: Foton Motor projects around 64% YoY decrease in H1 2022 net profit
Gasgoo Daily: Foton Motor projects around 64% YoY decrease in H1 2022 net profit

With Gasgoo Daily, we will offer daily important automotive news in China.

Jul. 14 , 2022
BYD’s H1 2022 net profit forecasted to soar 138.59%-206.76% YoY
BYD’s H1 2022 net profit forecasted to soar 138.59%-206.76% YoY

BYD Company Limited announced on Thursday its net profit attributable to shareholders was anticipated to reach 2.8 billion yuan to 3.6 billion yuan ($416.017 million-$534.879 million) in the first half of 2022, surging 138.59% to 206.76% YoY.

Jul. 14 , 2022