Market & Industry
HOZON Auto scores 294% YoY hike in Oct. deliveries
HOZON Auto scores 294% YoY hike in Oct. deliveries

HOZON Auto, the Chinese startup owning the EV brand NETA, announced new car deliveries of 8,107 units for the month of October, which were 294% higher than that of the year-ago period.

Nov. 1 , 2021
Geely targets annual sales of 3.65 million in 2025, unveiling new powertrain brand
Geely targets annual sales of 3.65 million in 2025, unveiling new powertrain brand

The group aims to sell 3.65 million vehicles in 2025, including 3 million from Geely Auto Group and 650,000 from Zeekr Technology company.

Oct. 31 , 2021
China's Sept. new energy vehicle registrations account for almost 20% of total monthly volume
China's Sept. new energy vehicle registrations account for almost 20% of total monthly volume

Registrations of locally-made passenger vehicles (PVs) in China saw a double-digit decrease year on year in September, but the registrations of new energy vehicles hit a new high and accounted for nearly one fifth of the total monthly registrations.

Oct. 30 , 2021
SAIC Motor sees Q3 net profit drop 14.75% YoY
SAIC Motor sees Q3 net profit drop 14.75% YoY

In Q3, SAIC Motor's net profit attributable to shareholders reached 7.036 billion yuan ($1.101 billion), falling 14.75% compared to the year-ago period.

Oct. 29 , 2021
VOYAH to launch first electric MPV at the Guangzhou Auto show
VOYAH to launch first electric MPV at the Guangzhou Auto show

VOYAH, the premium EV brand of Dongfeng Motor, unveiled the body in white of the brand’s first MPV model during an automotive event in Tianjin City, and the vehicle was scheduled to debut at the Guangzhou Auto Show.

Oct. 29 , 2021
Former executive of chip developer Xilinx joins NIO as chief expert
Former executive of chip developer Xilinx joins NIO as chief expert

Hu Chengchen, former director of the Labs Aisa Pacific of Xilinx, the world's largest FPGA (Field Programmable Gate Array) chip developer, has joined Chinese EV startup NIO this month as chief expert and assistant to vice president, according to a lo

Oct. 29 , 2021