Market & Industry
Chery Holding scores 84.2% YoY surge in Jan.-May auto sales
Chery Holding scores 84.2% YoY surge in Jan.-May auto sales

Chery Holding said it sold a total of 65,842 new vehicles in May 2021, representing a year-on-year jump of 58.1%. For the first five months, the group saw its year-to-date sales leapt 84.2% to 348,302 units.

Jun. 7 , 2021
NIO-branded new model code-named ‘Gemini’ to be launched next year
NIO-branded new model code-named ‘Gemini’ to be launched next year

Last month, a report saying NIO would launch an entry-level vehicle model code-named “Gemini”. In response to the report, Qin Lihong, co-founder of NIO, recently said the “Gemini” is a new vehicle the startup plans to launch next year.

Jun. 7 , 2021
Why Chinese Internet giants race to dive into car business
Why Chinese Internet giants race to dive into car business

One of the main reasons for Internet tech companies’ zeal in car cause is the huge market potential of smart cars and new energy vehicles (NEVs) in China.

Jun. 7 , 2021
China auto sales see smaller YoY growth: industry body
China auto sales see smaller YoY growth: industry body

In the first five months, China’s auto sales will total 10.951 million vehicles, jumping 37.6% year on year.

Jun. 4 , 2021
Honda’s China deliveries fall 4.1% year on year in May 2021
Honda’s China deliveries fall 4.1% year on year in May 2021

Japanese automaker Honda said on Thursday it delivered 128,713 new vehicles in China last month, posting a year-on-year drop of 4.1%.

Jun. 3 , 2021
BYD to launch premium car model under standalone brand in Q4 2021
BYD to launch premium car model under standalone brand in Q4 2021

BYD plans to launch an all-new premium vehicle model in the fourth quarter of 2021, according to Li Yunfei, BYD’s general manager for branding and public relations.

Jun. 3 , 2021