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Patent images of Evergrande’s seven-seater MPV Hengchi 4 leaked
Patent images of Evergrande’s seven-seater MPV Hengchi 4 leaked

Evergrande announced in August 2020 the first six models to be offered under the Henchi brand. They are numbered rather simply from 1 to 6 (Hengchi 1 to Hengchi 6) and include various body styles from sedans to SUVs and a MPV, namely the Hengchi 4.

Mar. 3 , 2021
Baidu, Geely’s EV joint venture formally registered
Baidu, Geely’s EV joint venture formally registered

The EV joint venture between Baidu and Geely, was founded on Mar. 2, according to the corporate data platform Qichacha, indicating the car-building cooperation between the Internet giant and the automaker has been further firmed up.

Mar. 2 , 2021
Li Auto Feb. deliveries surge 755% year on year
Li Auto Feb. deliveries surge 755% year on year

Li Auto plans to release at least 2 new models every year from 2022 on.

Mar. 2 , 2021
Leapmotor introduces Guosen Securities as new shareholder
Leapmotor introduces Guosen Securities as new shareholder

Zhejiang Leapmotor Technology Co.,Ltd. (Leapmotor) has introduced a new shareholder, Guosen Securities, a Chinese state-owned financial services company headquartered in Shenzhen, according to the corporate data platform Qichacha.

Mar. 2 , 2021
【January, 2021】China Passenger Vehicle Sales Analysis
【January, 2021】China Passenger Vehicle Sales Analysis

In Jan. 2021, the sales volume of China PV market was 2.05 million units, a year-on-year growth of 25.9%.

Mar. 2 , 2021
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2020 Financial Results

For the first quarter of 2021, the Company expects: Deliveries of the vehicles to be between 20,000 and 20,500 vehicles, representing an increase of approximately 421% to 434% from the same quarter of 2020.

Mar. 2 , 2021