Market & Industry
Car and City: September 2021 registrations of NIO models
Car and City: September 2021 registrations of NIO models

For the month of September 2021, the insurance registrations of NIO’s three mass-produced models aggregated 10,423 units, surging 118.1% year on year, while also leaping 60.9% month on month, according to the CBIRC.

Oct. 25 , 2021
Most foreign automakers see double-digit decrease in third-quarter China sales
Most foreign automakers see double-digit decrease in third-quarter China sales

Nine out of eleven major foreign automobile groups saw double-digit year-on-year sales decrease in the third quarter in China.

Oct. 25 , 2021
JAC Group expects Q1-Q3 net profit to over quadruple
JAC Group expects Q1-Q3 net profit to over quadruple

JAC Group estimated a lucrative three quarters this year with its net profit expected to more than quadruple from a year ago.

Oct. 25 , 2021
Chery Auto said to file for IPO in 2022
Chery Auto said to file for IPO in 2022

Chery Auto is reported to pursue an IPO in China’s A share market in 2022, for it is projected to gain profit over RMB1.3 billion this year.

Oct. 22 , 2021
Intelligent driving solution provider JIMU Intelligent bags 200 million yuan in Series C funding
Intelligent driving solution provider JIMU Intelligent bags 200 million yuan in Series C funding

Chinese intelligent driving solution provider JIMU Intelligent announced on Oct. 21 it has banked 200 million yuan ($31.257 million) in a Series C1 funding round.

Oct. 22 , 2021
HELLA celebrates 10th anniversary of R&D center in Nanjing, China
HELLA celebrates 10th anniversary of R&D center in Nanjing, China

it is the largest R&D center of HELLA in China and currently employs almost 500 people.

Oct. 22 , 2021