News
China auto sales jump 16.4% YoY in July
China auto sales jump 16.4% YoY in July

China auto outputs and sales in July reached 2.201 million units and 2.112 million units, jumping 21.9% and 16.4% year on year respectively.

Aug. 11 , 2020
Mazda’s China deliveries show YoY growth for four straight months
Mazda’s China deliveries show YoY growth for four straight months

Mazda Motor (China) Co.,Ltd. reported a retail sales volume of 17,750 units in July, which climbed 4.1% over a year ago.

Aug. 10 , 2020
Geely’s Geometry C all-electric SUV hit the market with post-subsidy price starting at 129,800 yuan
Geely’s Geometry C all-electric SUV hit the market with post-subsidy price starting at 129,800 yuan

The Geometry C, the second mass-produced and first SUV model of Geely’s BEV brand Geometry, formally hit the market on August 7. Post-subsidy prices of its five trim levels range from 129,800 yuan ($18,634) to 182,800 yuan ($26,243).

Aug. 10 , 2020
Chinese EV startup Xpeng Motor applies for U.S. IPO
Chinese EV startup Xpeng Motor applies for U.S. IPO

Chinese EV startup Xpeng Motors officially filed for a U.S. initial public offering on August 8, immediately following its rival Li Auto, which raised $1.1 billion through its debut on Nasdaq on July 30.

Aug. 8 , 2020
China ambitious to boost 5G, Beidou system applications in transportation industry
China ambitious to boost 5G, Beidou system applications in transportation industry

China resolves to promote and popularize the industrial applications powered by advanced technologies, such as 5G, the BeiDou Navigation Satellite System, the remote-sensing satellite, cybersecurity, data center and AI.

Aug. 7 , 2020
BYD achieves 2020’s first-time YoY sales growth
BYD achieves 2020’s first-time YoY sales growth

BYD Company Limited (BYD) said it sold 31,382 new vehicles in July, which were up by 1.28% compared with the prior-year period. It is noteworthy that the slight growth was the first-time increase BYD gained this year.

Aug. 7 , 2020