News
Chinese luxury EV brand HiPhi sells 1,364 vehicles in Q1 2022
Chinese luxury EV brand HiPhi sells 1,364 vehicles in Q1 2022

Human Horizons, the Chinese startup owning the luxury EV brand HiPhi, announced Tuesday that the monthly sales of the HiPhi X, the brand's only production model for sales, reached 459 units in March 2022.

Apr. 13 , 2022
China imported PV deliveries drop 14.4% YoY in Jan.-Feb. 2022
China imported PV deliveries drop 14.4% YoY in Jan.-Feb. 2022

For the first two months of 2022, there were 130,488 imported passenger vehicles (PVs) delivered across China, representing a 14.4% decrease year-over-year.

Apr. 13 , 2022
Dongfeng Motor Group to acquire Dongfeng Peugeot Citroen Auto Finance Company in whole
Dongfeng Motor Group to acquire Dongfeng Peugeot Citroen Auto Finance Company in whole

On April 12th, Dongfeng Motor Group Co., Ltd. (DFM) announced that the company has struck a deal to acquire a 75% of stake in Dongfeng Peugeot Citroen Auto Finance Co., Ltd. (DPCAFC) from PFN and Dongfeng Peugeot Citroen Automobile (DPCA).

Apr. 13 , 2022
Great Wall Motor issues price rise on WEY-branded vehicles
Great Wall Motor issues price rise on WEY-branded vehicles

On April 12th, Great Wall Motor announced that its WEY brand will see a price increase on its coffee lineup from RMB5,000 to RMB12,000 ($785 to $1,885) depending on trims.

Apr. 12 , 2022
Honda, Nissan, Mazda posts 2-digit drop in Mar. China sales, but Toyota gains growth
Honda, Nissan, Mazda posts 2-digit drop in Mar. China sales, but Toyota gains growth

Toyota Motor (“Toyota”) logged the smallest drop in its first-quarter China sales thanks to the positive impetus it gained in both February and March.

Apr. 12 , 2022
Food delivery platform Ele.me unveils patent related to battery swapping service
Food delivery platform Ele.me unveils patent related to battery swapping service

Lazhasi Network Technology (Shanghai), the operator of Chinese online food delivery platform Ele.me, unveiled a patent it applied for a disposable method and equipment used for battery swapping service, according to the corporate database Qichacha.

Apr. 12 , 2022