Market & Industry
Qiantu Motor's Ch-Auto eyes SPAC listing on Nasdaq
Qiantu Motor's Ch-Auto eyes SPAC listing on Nasdaq

Ch-Auto Technology Corporation Ltd., the Chinese holding company of Qiantu Motor announced its pursuit of a SPAC listing on the Nasdaq Stock Market.

May 5 , 2022
BYD’s monthly auto sales once again surpass 100,000 units
BYD’s monthly auto sales once again surpass 100,000 units

BYD Company Limited saw its monthly auto sales hit an all-time high of 106,042 units in April 2022, rocketing 134.43% year on year, while also climbing 1.11% month on month, the company announced earlier this week.

May 5 , 2022
SAIC Motor’s revenue rises 5.08% YoY in 2021, but dips in Q1 2022
SAIC Motor’s revenue rises 5.08% YoY in 2021, but dips in Q1 2022

SAIC Motor announced today its full-year gross revenue in 2021 amounted to around 779.846 billion yuan ($117.309 billion), growing 5.08% year on year.

Apr. 29 , 2022
China's March vehicle registrations: three most popular vehicles are EVs
China's March vehicle registrations: three most popular vehicles are EVs

In the third month of 2022, the year-over-year decrease of locally-made passenger vehicle (PV) registrations in China widened when compared with the first two months, and the growth of new energy vehicle registrations also narrowed from a year ago.

Apr. 29 , 2022
Tesla recalls 14,684 Model 3s in China
Tesla recalls 14,684 Model 3s in China

Starting April 29th, Tesla is recalling 14,684 Performance Model 3s in China due to software malfunctions.

Apr. 29 , 2022
Toyota’s first China-made BEV bZ4X starts at 220,000 yuan in presale
Toyota’s first China-made BEV bZ4X starts at 220,000 yuan in presale

Toyota Motor on April 28 began pre-sales of the bZ4X, the first Toyota-branded all-electric model in China.

Apr. 29 , 2022