Better than expectation, PV wholesales in June showed 1.77 mn units in June 2020, up by 1.7% YoY.
Jul. 27 , 2020
Luxury brands defied the overall downward trend with their deliveries jumping 27% from a year ago to 246,236 units, versus the 5.1% and 17.3% decline in the sales of mainstream JV brands and China’s self-owned brands.
Jul. 27 , 2020
The number of consumers in China buying the Mandatory Liability Insurance (MLI) for Tesla’s China-built Model 3s hit a new high of 14,977 units in June, jumping 31.82% over the previous month, according to the China Insurance Regulatory Commission.
Jul. 24 , 2020
Great Wall Motor’s financial preview shows that its gross revenue for the first six months added up to 35.929 billion yuan ($5,129,856,390), sliding 13.17% over a year ago.
Jul. 24 , 2020
Chinese EV startup plans to set up a subsidiary focusing on managing its battery assets and correspondingly launch BaaS (Battery as a Service) products, people with knowledge of the plan said.
Jul. 23 , 2020
Zhejiang Geely New Energy Commercial Vehicle Group (GCV), a wholly-owned subsidiary of Zhejiang Geely Holding Group, will acquire 15.24% stake in Hualing Xingma Automobile (Group) Co.,Ltd.
Jul. 23 , 2020