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China auto sales jump 12.6% YoY in November
China auto sales jump 12.6% YoY in November

China auto outputs and sales reached 2.847 million units and 2.77 million units respectively in November, rising 9.6% and 12.6% from a year earlier.

Dec. 11 , 2020
Changan Auto to roll out 25 smart NEV models by 2025
Changan Auto to roll out 25 smart NEV models by 2025

Changan Auto revealed on Dec. 7 it will roll out a total of 25 intelligent new energy vehicle (NEV) models by 2025, which encompasses all-electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs) and fuel cell vehicles (FCVs).

Dec. 10 , 2020
WM Motor unveils 3rd model powered by Baidu’s Cloud AVP
WM Motor unveils 3rd model powered by Baidu’s Cloud AVP

At the 2020 Apollo Ecosystem Conference, WM Motor unveiled its third smart all-electric SUV that boasts Level 4 autonomous driving capabilities in specific senarios, according to a posting on the startup’s WeChat account.

Dec. 10 , 2020
China's homegrown PV retail sales grow 7.8% year on year in Nov.
China's homegrown PV retail sales grow 7.8% year on year in Nov.

In Nov., around 2.11 million locally-produced PVs were handed over to consumers in China, representing a year-on-year growth of 7.8%, according to the China Passenger Car Association (CPCA).

Dec. 8 , 2020
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion
Startup XPeng intends to sell 40 mln ADSs to raise $1.942 billion

XPeng Inc. (XPeng or the Company), a leading Chinese electric vehicle (EV) startup, announced on Dec. 7 that it plans to offer and sell 40 million American Depositary Shares (ADSs) to the public, which represent 80 million Class A ordinary shares.

Dec. 8 , 2020
Great Wall Motor gains 2020’s first-time growth in YTD sales
Great Wall Motor gains 2020’s first-time growth in YTD sales

Great Wall Motor said its sales reached 145,240 units in November, jumping 26% from the previous year and rising 7% from the previous month. Its YTD sales inched up 0.75% to 961,489 units, showing year-on-year growth for the first time this year.

Dec. 8 , 2020