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FAW Group celebrates 70th anniversary with 55.77 millionth vehicle rolling off line
FAW Group celebrates 70th anniversary with 55.77 millionth vehicle rolling off line

Chinese legacy automaker FAW Group (FAW) celebrated its 70th anniversary with on July 15, 2023.

Jul. 17 , 2023
BYD introduces three full-electric models to Moroccan market
BYD introduces three full-electric models to Moroccan market

On July 13th, BYD held a brand launch event in Morocco, officially introducing three of its all-electric models, the Han EV, Tang EV, and Yuan PLUS (known as BYD ATTO 3 overseas), to the Moroccan market.

Jul. 17 , 2023
AVATR 12 included in MIIT's catalogue
AVATR 12 included in MIIT's catalogue

AVATR, the premium new energy vehicle brand jointly developed by Changan Automobile, Huawei, and CATL, recently saw its AVATR 12 model (internal code named E12) disclosed by a catalogue of China’s Ministry of Industry and Information Technology.

Jul. 17 , 2023
BYD anticipates three-digit YoY spike in H1 2023 net profit
BYD anticipates three-digit YoY spike in H1 2023 net profit

For the first half of this year, BYD expects a net profit attributable to shareholders of the listed company to range from 10.5 billion yuan to 11.7 billion yuan, a year-on-year surge of 192.05% to 225.43%.

Jul. 17 , 2023
HiPhi Y all-electric SUV hits market with starting price of 339,000 yuan
HiPhi Y all-electric SUV hits market with starting price of 339,000 yuan

On July 15th, HiPhi, the Chinese luxury electric vehicle brand owned by Human Horizons, officially put its third model, the HiPhi Y SUV, onto the market.

Jul. 17 , 2023
SERES Group expects net loss to narrow YoY in H1 2023
SERES Group expects net loss to narrow YoY in H1 2023

SERES Group, the Chinese automaker and car-making partner of Huawei, released its financial forecast for the first half of 2023 on July 15, revealing an expected year-over-year improvement of 20% to 28% in its net profit attributable to shareholder.

Jul. 17 , 2023