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HELLA partners with China's radar developer Chuhang Technology
HELLA partners with China's radar developer Chuhang Technology

China’s autonomous driving company Chuhang Technology announced the completion of its Series B financing round, along with a newly formed partnership with one of its investors, HELLA.

Apr. 13 , 2022
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
China's auto part supplier WBTL's 2021 revenue hits new high at RMB3.492 billion
China's auto part supplier WBTL's 2021 revenue hits new high at RMB3.492 billion

China’s major auto part supplier Bethel Automotive Safety Systems Co., Ltd. (WBTL) reported annual revenue of RMB3.492 billion ($) in 2021, up 14.81% from a year ago.

Apr. 12 , 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