Market & Industry
GAC Group’s full-year sales edge down 0.89% in 2020
GAC Group’s full-year sales edge down 0.89% in 2020

GAC Group saw its 2020 sales edge down 0.89% year on year to 2,043,756 units, while its outputs inched up 0.54% to 2,034,834 units.

Jan. 7 , 2021
Changan Automobile sees 2020 sales jump 13.98% year on year
Changan Automobile sees 2020 sales jump 13.98% year on year

Chongqing Changan Automobile Co., Ltd. (Changan Automobile) said its new vehicle sales reached 2,003,663 units in 2020, up by 13.98% compared to the previous year.

Jan. 7 , 2021
Geely Auto achieves 2020’s sales target
Geely Auto achieves 2020’s sales target

Geely Automobile Holdings Limited (called “Geely Auto” for short) and its subsidiaries sold a total of 1,320,217 new vehicles last year, in line with the 1.32 million-unit sales target set for 2020.

Jan. 6 , 2021
BYD records 7.46% year-on-year decrease in 2020 auto sales
BYD records 7.46% year-on-year decrease in 2020 auto sales

BYD closed its year of 2020 with an annual sales volume of 426,972 units, a year-on-year decrease of 7.46%, according to the company’s announcement.

Jan. 5 , 2021
BYD sets up new battery research institute in Chongqing
BYD sets up new battery research institute in Chongqing

A new BYD-backed battery research institute was founded on Jan. 4, according to the corporate data platform Tianyancha.

Jan. 5 , 2021
NavInfo, Inceptio Technology to team up on HD map for L3 autonomous trucks
NavInfo, Inceptio Technology to team up on HD map for L3 autonomous trucks

NavInfo, the Beijing-based location-based service provider, recently entered into a partnership with Inceptio Technology to provide its HD (high-definition) map and relevant services for the latter’s autonomous driving commercial vehicles (CVs).

Jan. 5 , 2021