BYD Company Limited (BYD) announced that its 2020’s first-half revenue slid 2.7% from a year ago to 60.503 billion yuan, while the net profit attributable to shareholders jumped 14.29% year on year to roughly 1.662 billion yuan.
Aug. 31 , 2020
In July, automakers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 90,403 new energy vehicles (NEVs), representing a robust surge of 166.53% from a year ago.
Aug. 31 , 2020
For the first half of 2020, SAIC Motor’s gross revenue fall 24.6% over a year ago to 283.74 billion yuan ($41,253,921,557), and its net profit attributable to shareholders tumbled 39.01% to 8.394 billion yuan ($1,220,469,194).
Aug. 28 , 2020
Contemporary Amperex Technology Limited (CATL)’s first-half net profit attributable to shareholders dropped 7.86% from a year ago to 1.937 billion yuan ($280,233,328), the battery giant announced on August 26.
Aug. 27 , 2020
Evergrande Health, the Hong Kong-listed electric car arm of Chinese real estate titan Evergrande Group, has officially changed its name to China Evergrande New Energy Vehicle Group Limited from Evergrande Health Industry Group Limited.
Aug. 27 , 2020
NIO Inc., the first Chinese EV startup that goes public on the New York Stock Exchange, saw its shares were up 19.17% closing at $17.84 on August 25 and its market value hit $21.131 billion, for the first time exceeding $20 billion.
Aug. 26 , 2020