Market & Industry
Honda’s China deliveries up by 4.8% YoY in January
Honda’s China deliveries up by 4.8% YoY in January

Honda reported it delivered 157,457 new vehicles in China last month, a 4.8% growth from a year ago. As of Jan. 2021, the Japanese automaker scored year-on-year delivery increase in the country for the seventh month in a row.

Feb. 3 , 2021
CATL plans to plow up to 29 billion yuan in three battery manufacturing bases
CATL plans to plow up to 29 billion yuan in three battery manufacturing bases

On February 2, CATL announced it will invest up to 29 billion yuan ($4.488 billion) in capacity expansion.

Feb. 3 , 2021
Tesla builds information service subsidiary in Dalian
Tesla builds information service subsidiary in Dalian

Tesla set up a new subsidiary in Dalian, a major sub-provincial port city in Liaoning province, on Jan. 27, 2020.

Feb. 2 , 2021
Baoneng Motor sets up charging service subsidiary in Guangzhou
Baoneng Motor sets up charging service subsidiary in Guangzhou

Baoneng Motor, the automobile unit of Chinese property conglomerate Baoneng Group, last week registered a charging service subsidiary in Guangzhou, which involves a registered capital of 10 million yuan.

Feb. 1 , 2021
Lynk & Co ZERO Concept’s mass-produced version goes into trial production
Lynk & Co ZERO Concept’s mass-produced version goes into trial production

The mass-produced vehicle of the ZERO Concept, the first full-electric vehicle model (BEV) of Geely Auto’s Lynk & Co brand, has gone into trial production and is expected for sale in the second half of 2021, according to a local media outlet.

Feb. 1 , 2021
Hongqi achieves best-ever monthly sales in Jan. 2021
Hongqi achieves best-ever monthly sales in Jan. 2021

FAW Group’s premium brand Hongqi said its monthly sales hit a new high of 32,500 units in January 2020, soaring 158% from a year earlier.

Feb. 1 , 2021