Market & Industry
China's homegrown PV retail sales in Nov. drop 12.5% YoY, while rise 6.2% MoM
China's homegrown PV retail sales in Nov. drop 12.5% YoY, while rise 6.2% MoM

In November 2021, the retail sales of locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) in China amounted to around 1.845 million units, dipping 12.5% year on year, while climbing 6.2% month on month, according to the CPCA.

Dec. 8 , 2021
Former VP at Hyundai Motor Group (China) joins Wanda Group’s auto tech service firm
Former VP at Hyundai Motor Group (China) joins Wanda Group’s auto tech service firm

Li Hongpeng has resigned as Vice President of Commerce with Hyundai Motor Group (China) Ltd. and will become President of Wanda Automobile Technology Service Co.,Ltd. from Jan. 2022.

Dec. 8 , 2021
JAC Group Nov. battery-electric PV sales skyrocket 177.6% YoY
JAC Group Nov. battery-electric PV sales skyrocket 177.6% YoY

JAC Group reported a prominent November sales performance, with growing sales results in both commercial and passenger vehicle sectors.

Dec. 8 , 2021
SAIC Motor’s Nov. auto sales drop 6.61% YoY, but NEV sales hit new highs
SAIC Motor’s Nov. auto sales drop 6.61% YoY, but NEV sales hit new highs

SAIC Motor's monthly auto wholesales reached 601,360 units in November, dropping 6.61% year on year, while climbing 3.3% month on month.

Dec. 7 , 2021
Toyota Motor probably be No.1 Japanese automaker by 2021 China retail sales
Toyota Motor probably be No.1 Japanese automaker by 2021 China retail sales

Due to the significant lead over the others, it is reasonable to assume that Toyota Motor will be crowned the No.1 Japanese carmaker in terms of the full-year China sales.

Dec. 7 , 2021
China to cease accepting 24.25-26.65GHz vehicle radar applications next year: MIIT
China to cease accepting 24.25-26.65GHz vehicle radar applications next year: MIIT

China’s Ministry of Industry and Information Technology (MIIT) issued a temporary provision on automotive radar radio management, which will be enforced on March 1st, 2022.

Dec. 7 , 2021