In terms of April sales, Toyota, Honda, and Nissan’s China businesses still recorded year-on-year growth, while the rates were much smaller than that of the previous month. Mazda was the only one that faced decrease.
May 18 , 2021
BAIC BJEV, the electric vehicle (EV) unit of BAIC Group, sold 1,028 new vehicles in April 2021, posting a year-on-year surge of 75.4%.
May 17 , 2021
In the first quarter of 2021, XPeng Inc. gained 2.951 billion yuan in revenues, posting an impressive surge of 616.1% from the year-ago period and a growth of 3.5% from the previous quarter, the Chinese EV startup announced on May 13.
May 14 , 2021
BYD Company Limited (BYD) announced on May 11 it plans to spin off its controlled subsidiary BYD Semiconductor Co.,Ltd. for the independent listing on the ChiNext board, the Shenzhen Stock Exchange’s board for growth enterprises.
May 12 , 2021
In the Jan.-Apr. period of the year, SAIC Motor sold 1,561,929 vehicles in total, recording a year-on-year surge of 42.44%.
May 11 , 2021
In April 2021, around 1.643 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year growth of 12.4%, according to the China Passenger Car Association (CPCA).
May 11 , 2021