Market & Industry
Sokon Group projects net loss in billions in 2021, due to heavy investments in SERES
Sokon Group projects net loss in billions in 2021, due to heavy investments in SERES

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the parent company of the auto brand SERES, recently released its 2021 annual performance projection report with an estimated annual loss posted.

Feb. 21 , 2022
China adds about 31,000 public charging piles in January, up 772.6% YoY
China adds about 31,000 public charging piles in January, up 772.6% YoY

By the end of January 2022, there were 2.731 million charging piles deployed across China, up 59.1% from the same period of 2021, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).

Feb. 21 , 2022
CATL breaks ground for 2.8 billion yuan projects in Shanghai
CATL breaks ground for 2.8 billion yuan projects in Shanghai

On Feb. 19, CATL held a ground-breaking ceremony for its electric chassis R&D facility in Shanghai and the second phase of the intelligent power system R&D and manufacturing base operated by its wholly-owned subsidiary Ruiting CATL.

Feb. 21 , 2022
BYD unveils new brand identity for group, passenger vehicle unit
BYD unveils new brand identity for group, passenger vehicle unit

BYD Company Limited (“BYD”) on Feb. 17 announced the launch of new brand design for both the group and its passenger vehicle business (“BYD Auto”).

Feb. 17 , 2022
Gasgoo Daily: XPeng says Brian Gu's high annual salary includes equity inventives
Gasgoo Daily: XPeng says Brian Gu's high annual salary includes equity inventives

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

Feb. 17 , 2022
Dongfeng Motor’s premium EV brand VOYAH to foray into Norway in June 2022
Dongfeng Motor’s premium EV brand VOYAH to foray into Norway in June 2022

On February 17th, VOYAH, the premium EV brand of Dongfeng Motor, officially announced its foray into the European market through Norway, becoming China's first state-owned new energy vehicle brand to expand globally.

Feb. 17 , 2022