On March 8, Chongqing Sokon Industry Group Stock Co.,Ltd. signed a memorandum of understanding (MoU) with Huawei Device Co.,Ltd., a subsidiary of Huawei, to co-explore cooperation on new energy vehicle (NEV) business.
Mar. 10 , 2021
Hongqi, the luxury marque of the group, had a monthly sales volume of 13,009, representing a year-on-year increase of 246.7%.
Mar. 10 , 2021
Chongqing Changan Automobile Co., Ltd. (Changan Automobile) said its monthly sales reached 162,708 units in Feb., zooming up 465.82% from a year ago. Its year-to-date sales also surged 153.89% to 414,688 units.
Mar. 10 , 2021
In Feb. 2021, around 1.194 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year surge of 368.4%, according to the China Passenger Car Association (CPCA).
Mar. 9 , 2021
The New York-listed Xpeng Motors announced its gross margin for the fourth quarter of 2020 (Q4) stood at 7.4%, versus negative 6.6% for the prior-year period and 4.6% for the third quarter last year.
Mar. 8 , 2021
Geely Automobile Holdings Limited (called “Geely Auto” for short) and its subsidiaries sold a total of 77,221 new vehicles in February, a precipitous increase of roughly 265% from the year-ago period.
Mar. 8 , 2021