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GAC Group gains growth in May thanks to GAC Toyota’s sales hike
GAC Group gains growth in May thanks to GAC Toyota’s sales hike

GAC Group’s auto sales stood at 165,622 units in May, rising 4.07% compared with the same period last year, said the automaker.

Jun. 10 , 2020
Great Wall Motor achieves 2020’s first-time YoY sales growth
Great Wall Motor achieves 2020’s first-time YoY sales growth

Great Wall Motor (GWM), the Chinese biggest SUV and pickup manufacturer, said its Jan.-May auto sales slumped 27.24% year on year to 313,061 units. However, the company recorded a 30.92% hike in May sales, which was also its first-time growth for the year of 2020.

Jun. 9 , 2020
NIO founder William Li serves legal representative of NIO (Anhui) Holding
NIO founder William Li serves legal representative of NIO (Anhui) Holding

William Bin Li, founder, chairman, and CEO of the startup NIO, officially became the legal representative of NIO (Anhui) Holding Co.,Ltd., the legal entity of NIO China, on June 5.

Jun. 9 , 2020
China gains 1.9% growth in May homegrown PV retail sales
China gains 1.9% growth in May homegrown PV retail sales

In May, the retail sales of China's locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) reached 1.639 million units, edging up 1.9% year on year, according to the China passenger Car Association (CPCA).

Jun. 8 , 2020
China’s Geely registers trademark for battery swapping service
China’s Geely registers trademark for battery swapping service

Geely, the most high-profile privately owned automaker in China, is likely to tap the battery swapping field, which has been long touted by the EV startup NIO.

Jun. 8 , 2020
SAIC Motor says May sales only drop 1.63% YoY
SAIC Motor says May sales only drop 1.63% YoY

SAIC Motor reported a wholesale volume of 473,064 vehicles in May, representing a slight year-on-year decrease of 1.63%. With 1,569,652 units sold in total, the Chinese automaker posted a 36.47% decline for the first five months.

Jun. 8 , 2020