Market & Industry
Great Wall Motor’s net profit tumbles 24.02% in virus-hit first half of 2022
Great Wall Motor’s net profit tumbles 24.02% in virus-hit first half of 2022

Great Wall Motor’s financial preview shows that its gross revenue for the first six months added up to 35.929 billion yuan ($5,129,856,390), sliding 13.17% over a year ago.

Jul. 24 , 2020
Geely’s CV arm to buy 15.24% stake in Anhui-based CV manufacturer Hualing Xingma
Geely’s CV arm to buy 15.24% stake in Anhui-based CV manufacturer Hualing Xingma

Zhejiang Geely New Energy Commercial Vehicle Group (GCV), a wholly-owned subsidiary of Zhejiang Geely Holding Group, will acquire 15.24% stake in Hualing Xingma Automobile (Group) Co.,Ltd.

Jul. 23 , 2020
Great Wall Motor’s WEY to unveil new off-road SUV dubbed “Tank 300” at Chengdu Motor Show
Great Wall Motor’s WEY to unveil new off-road SUV dubbed “Tank 300” at Chengdu Motor Show

Great Wall Motor (GWM) is going to offer the first glimpse of an all-new off-road SUV dubbed “Tank 300” at the Chengdu Motor Show 2020 that kicked off on July 24. This is the first model built on the “Tank·WEY” platform.

Jul. 23 , 2020
EV startup Skywell begins presale of first production model ET5
EV startup Skywell begins presale of first production model ET5

Skywell, a young all-electric PV brand launched in late 2019, kicked off the presale of its first mass-produced model, the ET5, on July 18, and announced the presale prices ranging from 150,000 yuan ($21,434) to 200,000 yuan ($28,578).

Jul. 20 , 2020
China’s first-half auto imports plunge 32.5% year on year
China’s first-half auto imports plunge 32.5% year on year

For the first half of 2020, China imported a total of 361,000 vehicles (including chassis) which were valued at 119.92 billion yuan ($17,135,584,656), representing a year-on-year slump of 32.5%, according to Sinomach Automobile Co.,Ltd.

Jul. 20 , 2020
Dongfeng’s premium EV-focused “VOYAH” unveiled as independent brand
Dongfeng’s premium EV-focused “VOYAH” unveiled as independent brand

Dongfeng Motor Corporation announced on July 17 its all-new premium EV brand dubbed “Lantu” with the logo unveiled in the meantime.

Jul. 20 , 2020