Market & Industry
Geely Auto February sales jump 265% year on year
Geely Auto February sales jump 265% year on year

Geely Automobile Holdings Limited (called “Geely Auto” for short) and its subsidiaries sold a total of 77,221 new vehicles in February, a precipitous increase of roughly 265% from the year-ago period.

Mar. 8 , 2021
Tesla China hits 6,000-unit milestone for Superchargers
Tesla China hits 6,000-unit milestone for Superchargers

Tesla has to-day deployed over 6,000 Superchargers and operated more than 760 Supercharger stations in over 300 cities across the Chinese Mainland, the EV manufacturer recently announced the milestone.

Mar. 8 , 2021
SAIC Motor sees Feb. sales skyrocket 420.38% YoY
SAIC Motor sees Feb. sales skyrocket 420.38% YoY

SAIC Motor boasted a marvelous hike of 420.38% year on year in Feb. by selling 246,476 units. The remarkable growth was mainly credited to the low year-ago base caused by the coronavirus pandemic.

Mar. 8 , 2021
BYD’s Feb. sales surge 280.42% YoY, while tumble 50.65% MoM
BYD’s Feb. sales surge 280.42% YoY, while tumble 50.65% MoM

BYD’s new car sales in February reached 20,927 units, skyrocketing 280.42% year on year due to the low base for the coronavirus-hit year-ago period, while plunging 50.65% month on month mainly because of the Spring Festival holiday.

Mar. 5 , 2021
NIO Holding, JAC Motors to set up joint venture in Hefei
NIO Holding, JAC Motors to set up joint venture in Hefei

The Anhui-based automaker JAC Motors and NIO Holding Ltd. signed on March 4 a letter of intent for the establishment of a joint venture in Hefei, where NIO China is headquartered, according to JAC Motors’ announcement.

Mar. 4 , 2021
Geely-Daimler JV’s assembly plant said to be located in Xi’an
Geely-Daimler JV’s assembly plant said to be located in Xi’an

The joint venture co-built by Daimler’s Mercedes-Benz AG and Zhejiang Geely Holding Group for smart brand locates its car assembly plant in Xi’an, capital of Shaanxi province, according to a local media outlet.

Mar. 4 , 2021