Market & Industry
BYD sees NEV sales shoot up 84.75% YoY in Oct.
BYD sees NEV sales shoot up 84.75% YoY in Oct.

BYD’s new vehicle sales reached 47,732 units in Oct., jumping 16.05% year on year and rising 13.15% month on month.

Nov. 5 , 2020
Honda’s China business posts 22.3% YoY jump in Oct. deliveries
Honda’s China business posts 22.3% YoY jump in Oct. deliveries

Honda Motor Co.,Ltd. said its China deliveries jumped 22.3% over a year earlier to 180,655 units in October, for the fourth month in a row achieving highest-ever monthly sales.

Nov. 4 , 2020
Chery Holding’s new vehicle sales leap 25% YoY in Oct.
Chery Holding’s new vehicle sales leap 25% YoY in Oct.

China’s Chery Holding sold roughly 88,000 new vehicles in Oct., boasting a year-on-year leap of 25% and up by 28.1% over a month ago, according to the company’s announcement.

Nov. 4 , 2020
Wait time for homegrown Model 3s extended to 4-6 weeks in China
Wait time for homegrown Model 3s extended to 4-6 weeks in China

The wait time for China-made Model 3s has been extended to four to six weeks from the previous one to two weeks for consumers in the Chinese Mainland, according to Tesla’s China official website.

Nov. 2 , 2020
Hongqi’s monthly sales top 20,000 units for three straight months
Hongqi’s monthly sales top 20,000 units for three straight months

FAW Group’s premium car brand Hongqi said its Oct. sales soared 93% over a year ago to roughly 23,000 units, exceeding 20,000 units for the third month in a row.

Nov. 2 , 2020
BYD’s net profit skyrockets 1,362.66% YoY in Q3 2020
BYD’s net profit skyrockets 1,362.66% YoY in Q3 2020

BYD announced its revenue reached 44.52 billion yuan ($6.63 billion), boasting a year-on-year leap of 40.72%. Meanwhile, its net profit attributable to shareholders skyrocketed 1,362.66% from a year ago to 1.751 billion yuan.

Oct. 30 , 2020