For the whole year of 2021, China produced 26.082 million vehicles, up by 3.4% year over year while the market sold 26.275 million vehicles last year, up by 3.8% from a year ago, according to the China Association of Automobile Manufacturers (CAAM).
Jan. 12 , 2022
China's motor vehicle parc amounted to roughly 395 million units by the end of Dec. 2021, of which 302 million units were automobiles, according to China's Ministry of Public Security (MPS).
Jan. 12 , 2022
EVTECH announced earlier this week it has nabbed over 100 million yuan ($15.689 million) in a strategic financing round supported by Hubei Xiaomi Yangtze River Industry Investment Fund Partners (Limited Partnership).
Jan. 12 , 2022
China’s skateboard chassis developer, U Power, launched its electric UP Super Board that allows over 1,000 km of range and three concept models built on top of the board.
Jan. 11 , 2022
For the year of 2021, the retail sales of locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) in China amounted to around 20.486 million units, rising 4.5% from the previous year, according to the CPCA.
Jan. 11 , 2022
China's well-known auto parts supplier, Desay SV, concluded a rather lucrative year, according to the company's 2021 annual performance projection released on January 10th.
Jan. 11 , 2022