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Chinese startups see March. insurance registrations leap 86% MoM
Chinese startups see March. insurance registrations leap 86% MoM

In March, the insurance registrations of the vehicles from Chinese EV startups exceeded 24,000 units, rocketing 300% from the previous year, while also leaping 86% from the previous month.

Apr. 29 , 2021
Changan Automobile posts 35.26% year-on-year jump in Q1 2021 net profit
Changan Automobile posts 35.26% year-on-year jump in Q1 2021 net profit

Chongqing Changan Automobile Co.,Ltd. announced its net profit attributable to shareholders reached 853.586 million yuan ($131.614 million), jumping 35.26% over the previous year.

Apr. 29 , 2021
BYD’s revenue soars 108.31% year on year in first quarter of 2021
BYD’s revenue soars 108.31% year on year in first quarter of 2021

BYD Company Limited (BYD) gained 40.991 billion yuan ($6.321 billion) in the revenue for the first quarter of 2021, representing a year-on-year surge of 108.31%, according to the company’s latest quarterly financial results.

Apr. 29 , 2021
CATL scores 9.9% year-on-year growth in 2020 revenue
CATL scores 9.9% year-on-year growth in 2020 revenue

Chinese power battery giant CATL announced on April 27 it full-year revenue in 2020 grew 9.9% year on year to 50.319 billion yuan ($7.759 billion).

Apr. 28 , 2021
Baidu Apollo shows latest upgrades at Auto Shanghai 2021
Baidu Apollo shows latest upgrades at Auto Shanghai 2021

Baidu Apollo will continue to step up its investment in autonomous driving and intelligent applications on vehicles.

Apr. 27 , 2021