Market & Industry
Wait time for homegrown Model 3s extended to 4-6 weeks in China
Wait time for homegrown Model 3s extended to 4-6 weeks in China

The wait time for China-made Model 3s has been extended to four to six weeks from the previous one to two weeks for consumers in the Chinese Mainland, according to Tesla’s China official website.

Nov. 2 , 2020
Hongqi’s monthly sales top 20,000 units for three straight months
Hongqi’s monthly sales top 20,000 units for three straight months

FAW Group’s premium car brand Hongqi said its Oct. sales soared 93% over a year ago to roughly 23,000 units, exceeding 20,000 units for the third month in a row.

Nov. 2 , 2020
BYD’s net profit skyrockets 1,362.66% YoY in Q3 2020
BYD’s net profit skyrockets 1,362.66% YoY in Q3 2020

BYD announced its revenue reached 44.52 billion yuan ($6.63 billion), boasting a year-on-year leap of 40.72%. Meanwhile, its net profit attributable to shareholders skyrocketed 1,362.66% from a year ago to 1.751 billion yuan.

Oct. 30 , 2020
Great Wall Motor to roll out new models in the next two years
Great Wall Motor to roll out new models in the next two years

Great Wall Motor plans to roll out several new products in the coming two years, including some new energy vehicle models.

Oct. 29 , 2020
Changan Auto says second model of “UNI” series named UNI-K
Changan Auto says second model of “UNI” series named UNI-K

Changan Auto announced the second model of its new “UNI” sequence is named “UNI-K”, which is the mass-produced version of the Vision-V concept the automaker unveiled at the Auto China 2020.

Oct. 29 , 2020
BYD to launch next-generation BEV platform next year
BYD to launch next-generation BEV platform next year

Chinese automaker BYD is working on pre-research of the next-generation all-electric vehicle platform boasting high performance and great safety, according to a local media outlet, citing Lian Yubo, senior vice president of BYD Company Limited.

Oct. 28 , 2020