Market & Industry
BAIC BJEV’s sales slump continues in Februay
BAIC BJEV’s sales slump continues in Februay

BAIC Group’s NEV arm BJEV, one of leading EV manufacturers in China, sold only 1,002 new vehicles in February, a year-on-year plunge of 65.05% and a month-on-month slump of 50.05%.

Mar. 9 , 2020
Mazda China deliveries plunge 79% in Feb.
Mazda China deliveries plunge 79% in Feb.

Hit by the fierce outbreak of novel coronavirus, most of automakers in China encountered year-on-year plunge of over 70% last month, and the Japanese automaker Mazda is no exception.

Mar. 9 , 2020
BYD’s Jan.-Feb. sales more than halved over a year ago due to epidemic, Spring Festival
BYD’s Jan.-Feb. sales more than halved over a year ago due to epidemic, Spring Festival

In February, BYD sold only 5,501 new vehicles, encountering a sharp year-on-year decrease of 79.05% during the most critical period of coronavirus fight.

Mar. 9 , 2020
NIO announces $235 million private placements of short-term convertible notes
NIO announces $235 million private placements of short-term convertible notes

NIO will issue and sell convertible notes in an aggregate principal amount of US$235 million to several unaffiliated Asia-based investment funds through private placements.

Mar. 5 , 2020
Geely’s Geometry launches policy to boost vehicle resale value
Geely’s Geometry launches policy to boost vehicle resale value

Geometry, the BEV-focused brand of Geely Auto, is trying to gain more consumers by means of various incentive policies.

Mar. 5 , 2020
China PV retail sales estimated to slump 41% for first two months
China PV retail sales estimated to slump 41% for first two months

China PV deliveries for the first two months are estimated to slump 41% year on year.

Mar. 4 , 2020