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BYD Company Limited (“BYD”) saw its annual net profit attributable to shareholders dwindle 28.08% year on year to 3.045 billion yuan ($479 million) in 2021, according to the company's announcement.
Mar. 30 , 2022
China’s leading auto parts supplier, Ningbo Tuopu Group projected a 50% to 54% year-on-year surge in revenue in the first quarter of 2022, according to the company’s performance preannouncement released on March 29th.
Mar. 30 , 2022
With L2 autonomous driving functions being broadly used applied to China’s passenger vehicle market, Li Auto’s founder and CEO, Li Xiang, proposed that the AEB system should come standard for new vehicles at the 2022 China EV100 Forum.
Mar. 30 , 2022
IM Motor, a joint venture among SAIC Motor, Alibaba and Zhangjiang High-Tech, announced on March 29 the initial version of the IM L7, the IM L7 Pro, features a guiding price of 408,800 yuan ($64,300).
Mar. 30 , 2022
Aside from February 2022, the automaker was outdoing other Chinese startups for three consecutive months from June to August 2021.
Mar. 29 , 2022
China’s up-rising EV startup, XPeng, reportedly saw its autonomous driving product director, Huang Xin, leave the company to assume the vice president position of its rival, NIO, a local media outlet reported on March 29th.
Mar. 29 , 2022