Market & Industry
Leapmotor delivery volume hits 10,000-vehicle mark in March
Leapmotor delivery volume hits 10,000-vehicle mark in March

China’s electric vehicle startup, Leapmotor, celebrated its monthly delivery volume surpassing 10,000 units for the first time in March, according to the company’s sales report released on April 1st.

Apr. 1 , 2022
Lotus Eletre adopts LiDARs from China's Hesai Technology and RoboSense
Lotus Eletre adopts LiDARs from China's Hesai Technology and RoboSense

Lotus Car’s first battery-electric SUV, the Eletre, will be powered by LiDAR technologies from local LiDAR suppliers, Hesai Technology and RoboSense, the suppliers announced on March 31st.

Apr. 1 , 2022
China’s Vehicle Inventory Alert Index grows 8.1 percentage points YoY in Mar. 2022
China’s Vehicle Inventory Alert Index grows 8.1 percentage points YoY in Mar. 2022

China's Vehicle Inventory Alert Index (VIA) stood at 63.6% in March 2022, rising 8.1 percentage points from the previous year, while also climbing 7.5 percentage points from the previous month, according to the CADA.

Apr. 1 , 2022
Sixents' location service-powered WM Motor M7 makes debut
Sixents' location service-powered WM Motor M7 makes debut

On March 31st, WM Motor officially introduced its M7 battery-electric sedan model powered by Sixents’ high precision location service.

Mar. 31 , 2022
GAC Group scores double-digit YoY growth in 2021 revenue, net profit
GAC Group scores double-digit YoY growth in 2021 revenue, net profit

GAC Group announced earlier this week its annual gross revenue jumped 19.82% year on year to around 75.676 billion yuan ($11.9 billion) in 2021.

Mar. 31 , 2022
NavInfo delivers turnaround with 140% YoY soar in net profit in 2021
NavInfo delivers turnaround with 140% YoY soar in net profit in 2021

China’s navigation player NavInfo delivered a turnaround from loss to profit in 2021, with a 139.26% year-over-year soar in net profit, according to its 2021 annual performance report released on March 30th.

Mar. 31 , 2022