Tesla’s vice president, Grace Tao, said that the company holds great hope for realizing 100% localization on all China-made Teslas and even seeing China-designed models on the road of the country in the future.
Nov. 10 , 2021
NIO aims to achieve an annual vehicle gross margin of 25% for long run, and to achieve this long-term goal, the annual outputs of NT2.0-based vehicles should reach about 300,000 units。
Nov. 10 , 2021
Last month, the four Japanese automakers—Toyota Motor, Honda Motor, Nissan Motor, and Mazda Motor—still recorded two-digit year-on-year decrease in their China sales as automobile production were limited by the chip shortage.
Nov. 9 , 2021
Changan Automobile’s monthly sales continue to recover in October, with its cumulative sales to date still exceeding that of the previous year.
Nov. 9 , 2021
In October 2021, GAC Group saw its monthly output and wholesales fall 4.48% and 8.11% year on year respectively to 192,589 and 192,854 units respectively, the automaker announced on Monday.
Nov. 9 , 2021
By the end of October, the group had sold 1,033,395 vehicles this year, up by 2% from a year ago and only accomplishing 68% of its 1.53 million annual sales target.
Nov. 8 , 2021