Market & Industry
Geely Auto January sales jump 40% year-on-year
Geely Auto January sales jump 40% year-on-year

The annual sales target for Geely is 1.53 million units, so during the first month of this year, it has completed over 10% of the target.

Feb. 8 , 2021
Great Wall Motor said to tap chip industry
Great Wall Motor said to tap chip industry

Great Wall Motor, the Chinese largest SUV and pickup manufacturer, is about to make inroads into chip industry, according to a local media outlet, citing persons familiar with the matter.

Feb. 8 , 2021
Li Auto’s parent expands business scope with smart NEV production newly added
Li Auto’s parent expands business scope with smart NEV production newly added

Beijing Chehejia Information Technology Co.,Ltd. (CHJ), the parent company of Chinese EV startup Li Auto, recently made some new businesses like the manufacture of intelligent new energy vehicles (NEVs) brought into its business scope.

Feb. 8 , 2021
Tesla recalls 36,126 imported Model Ss, Model Xs in China for eMMC failure
Tesla recalls 36,126 imported Model Ss, Model Xs in China for eMMC failure

Tesla has decided to recall up to 36,126 of its Model S and Model X electric vehicles, which were made in the U.S. and sold to customers in China, over the inevitable eMMC hardware failure.

Feb. 5 , 2021
Chery Holding scores 80.2% year-on-year hike in Jan. sales
Chery Holding scores 80.2% year-on-year hike in Jan. sales

Chery Holding sold 97,060 new vehicles in January 2020, boasting a precipitous year-on-year rise of 80.2%, according to a posting on the group’s WeChat account.

Feb. 5 , 2021
GAC Group records double-digit YoY growth in both Jan. outputs, sales
GAC Group records double-digit YoY growth in both Jan. outputs, sales

GAC Group announced its auto outputs and sales reached 191,831 units and 217,333 units in January 2021, jumping 39% and 23.29% from a year ago respectively.

Feb. 4 , 2021