Market & Industry
WEY’s 300,000th vehicle rolls off the production line at Xushui plant
WEY’s 300,000th vehicle rolls off the production line at Xushui plant

It is reported that the 300,000th vehicle of WEY, the premium SUV brand of Great Wall Motors (GWM), officially rolled off the production line at the plant located at Xushui, Baoding.

Oct. 28 , 2019
CATL posts double-digit growth in Q3 revenue, while net profit declines
CATL posts double-digit growth in Q3 revenue, while net profit declines

Chinese EV battery giant CATL said its net profit attributable to shareholders in the third quarter of 2019 (Q3) slide 7.2% year on year to around RMB1.362 billion despite a double-digit increase in revenue.

Oct. 28 , 2019
Great Wall Motor boasts remarkable year-on-year hike in Q3 net profit
Great Wall Motor boasts remarkable year-on-year hike in Q3 net profit

Great Wall Motor (GWM) reported a splendid hike in the third-quarter (Q3) profit compared with the same period a year ago, after the Chinese biggest SUV and pickup manufacturer announced a double-digit growth in Q3 sales volume.

Oct. 28 , 2019
BYTON M-Byte SUV’s first pre-production prototype rolls off production line
BYTON M-Byte SUV’s first pre-production prototype rolls off production line

Chinese EV startup BYTON saw its first pre-production prototype of the M-Byte SUV roll off the production line at its Nanjing plant on October 23, according to a posting on the social media platform of Dr. Daniel Kirchert, the startup’s CEO.

Oct. 24 , 2019
Huawei to develop core auto sensors for ICVs
Huawei to develop core auto sensors for ICVs

Huawei, the leading global provider of ICT infrastructures and smart devices, will develop an ecosystem of sensors for intelligent-connected cars, such as LiDAR and millimeter-wave radar, according to the company’ rotating chairman Xu Zhijun.

Oct. 23 , 2019
Jiangling Motors boasts 198.65% year-on-year surge in Q3 net profit
Jiangling Motors boasts 198.65% year-on-year surge in Q3 net profit

Jiangling Motors Corporation Ltd. (JMC) reported a 198.65% year-on-year surge in the third-quarter (Q3) net profit attributable to the company’s equity holders, while the profit for the first three quarters was still less than that of a year ago.

Oct. 23 , 2019