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Toyota, Honda, Nissan China sales rise in Nov., Mazda falls
Toyota, Honda, Nissan China sales rise in Nov., Mazda falls

In November, Toyota, Honda and Nissan all sustained rising movement in their China sales volume, while Mazda posted a double-digit decline.

Dec. 9 , 2020
China's homegrown PV retail sales grow 7.8% year on year in Nov.
China's homegrown PV retail sales grow 7.8% year on year in Nov.

In Nov., around 2.11 million locally-produced PVs were handed over to consumers in China, representing a year-on-year growth of 7.8%, according to the China Passenger Car Association (CPCA).

Dec. 8 , 2020
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion

XPeng Inc. (XPeng or the Company), a leading Chinese electric vehicle (EV) startup, announced on Dec. 7 that it plans to offer and sell 40 million American Depositary Shares (ADSs) to the public, which represent 80 million Class A ordinary shares.

Dec. 8 , 2020
Geely Auto fulfills 88% of 2020's sales target as of Nov.
Geely Auto fulfills 88% of 2020's sales target as of Nov.

Geely Automobile Holdings Limited and its subsidiaries sold a total of 150,517 new vehicles in November, an increase of roughly 5% from the year-ago period and up around 7% from the previous month.

Dec. 7 , 2020
DiDi conducts road tests of custom-built D1 EVs in Changsha
DiDi conducts road tests of custom-built D1 EVs in Changsha

Didi Chuxing (DiDi), the Chinese mobile transportation and local service platform, is testing its first purpose-built electric car, the DiDi D1, on the roads of Changsha, capital of Hunan Province, according to a local media outlet.

Dec. 7 , 2020
Changan Auto achieves 24.48% year-on-year leap in Nov. sales
Changan Auto achieves 24.48% year-on-year leap in Nov. sales

Chongqing Changan Automobile Co., Ltd. boasted a 24.5% year-on-year growth by selling 219,526 new vehicles last month.

Dec. 7 , 2020