Market & Industry
JAC makes turnaround from losses in H1
JAC makes turnaround from losses in H1

JAC Group made a turnaround from losses in the first half of this year as its semi-annual sales saw an increase of 36.12% from a year ago, the automaker said in its financial report.

Sep. 1 , 2021
China’s Vehicle Inventory Alert Index drops 1.1 percentage points YoY in August 2021
China’s Vehicle Inventory Alert Index drops 1.1 percentage points YoY in August 2021

China’s Vehicle Inventory Alert Index (VIA) stood at 51.7% in August 2021, falling 1.1 percentage points from the previous year, while also edging down 0.6 percentage points from the previous month.

Sep. 1 , 2021
Xiaomi finishes registration of automobile company
Xiaomi finishes registration of automobile company

Lei Jun, the phone maker’s founder and CEO, will serve as the new company’s legal representative, the company announced today.

Sep. 1 , 2021
Gasgoo Daily: Tesla adds six charging stations in Beijing
Gasgoo Daily: Tesla adds six charging stations in Beijing

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Aug. 30 , 2021
Great Wall Motor H1 net profit surges 207.87% YoY
Great Wall Motor H1 net profit surges 207.87% YoY

Thanks to the stable increase of vehicle sales and average vehicle price, Great Wall Motor managed to achieve growth in both revenue and net profit for the first-half of this year.

Aug. 30 , 2021
BYD scores 50.22% YoY jump in semi-annual revenue
BYD scores 50.22% YoY jump in semi-annual revenue

The revenue for the first six months of the year at BYD Company Limited (BYD) surged 50.22% year on year to 90.885 billion yuan ($14.052 billion), the company reported in a filing last week.

Aug. 30 , 2021