Market & Industry
Changan NIO changes name to Avatr Technology
Changan NIO changes name to Avatr Technology

Changan NIO New Energy Automotive Technology Co,Ltd. (Changan NIO), a controlling subsidiary of Chongqing Changan Automobile Co.,Ltd. (Changan Automobile), has already changed its corporate name to Avatr Technology Co.,Ltd.

May 20 , 2021
HOZON Auto founds wholly-owned NEV manufacturing subsidiary
HOZON Auto founds wholly-owned NEV manufacturing subsidiary

HOZON Auto, the Chinese EV startup owning EV brand Nezha, recently set up a subsidiary engaging in production of new energy vehicles and auto parts.

May 20 , 2021
EV brand co-made by Changan Auto, Huawei, CATL said to be unveiled in May
EV brand co-made by Changan Auto, Huawei, CATL said to be unveiled in May

The premium EV brand jointly built by Chongqing Changan Automobile Co., Ltd., Huawei, and CATL will be launched this month, according to a local media outlet.

May 20 , 2021
Geely Technology, Farasis Energy to build battery joint venture
Geely Technology, Farasis Energy to build battery joint venture

Geely Technology Group and Farasis Energy, a Chinese developer and supplier of lithium-ion battery technologies, struck a deal on May 17 to build a joint venture dedicated to battery-related businesses, according to Farasis Energy.

May 18 , 2021
Japanese automakers see China sales growth fall in April
Japanese automakers see China sales growth fall in April

In terms of April sales, Toyota, Honda, and Nissan’s China businesses still recorded year-on-year growth, while the rates were much smaller than that of the previous month. Mazda was the only one that faced decrease.

May 18 , 2021
BAIC BJEV’s Jan.-Apr. sales tumble 56.43% year on year
BAIC BJEV’s Jan.-Apr. sales tumble 56.43% year on year

BAIC BJEV, the electric vehicle (EV) unit of BAIC Group, sold 1,028 new vehicles in April 2021, posting a year-on-year surge of 75.4%.

May 17 , 2021