Market & Industry
WEY said to roll out ‘Coffee’-powered SUV dubbed ‘Latte”
WEY said to roll out ‘Coffee’-powered SUV dubbed ‘Latte”

WEY, the premium SUV brand of Great Wall Motor, plans to launch a fire new SUV model based on the “Coffee Intelligence” platform and positioned below the Mocha, the first “Coffee”-powered model, according to a local media outlet.

Apr. 2 , 2021
Li Auto's Q1 2021 deliveries rocket 334.4% year on year
Li Auto's Q1 2021 deliveries rocket 334.4% year on year

Li Auto Inc. (Li Auto) today announced that its deliveries reached 4,900 vehicles in March 2021, representing a 238.6 % year-over-year increase and resulting in 12,579 units of Q1 deliveries, up 334.4 % from a year earlier.

Apr. 2 , 2021
FAW Hongqi sees auto sales surpass 70,000 units in Q1 2021
FAW Hongqi sees auto sales surpass 70,000 units in Q1 2021

Hongqi, the premium car marque of FAW Group, saw its sales exceed 70,000 units in the first quarter of 2021, representing a year-on-year hike of 180%, according to a posting on FAW’s WeChat account.

Apr. 1 , 2021
Great Wall Motor logs double-digit growth in 2020 net profit
Great Wall Motor logs double-digit growth in 2020 net profit

According to GWM’s 2020 financial results, its full-year net profit attributable to shareholders reached 5.362 billion yuan ($816.519 billion), up by 19.25% from the previous year.

Mar. 31 , 2021
JAC Group announces 34.52% year-on-year jump in 2020 net profit
JAC Group announces 34.52% year-on-year jump in 2020 net profit

JAC Group’s financial results show that the company gained 142.613 million yuan ($21.736 million) in annual net profit attributable to shareholders for the year of 2020, jumping 34.52% year on year.

Mar. 30 , 2021
BYD boasts 162.27% year-on-year hike in 2020 net profit
BYD boasts 162.27% year-on-year hike in 2020 net profit

BYD Company Limited (BYD) saw its annual revenue jump 22.59% year on year to roughly 156.598 billion yuan ($23.867 billion) in 2020, according to the financial results the company released on March 29.

Mar. 30 , 2021