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Geely Auto posts a year-on-year (YoY) growth of 2% with 158,393 vehicles delivered in January, the automaker said on February 11. Compared to the performance of last December, the automaker gained a remarkable jump of around 70%.

BYD announced on February 1 that it agreed a proposal that allows BYD Auto Industry Company Limited, its wholly-owned subsidiary, to inject an additional RMB 200 million as registered capital into Shenzhen DENZA New Energy Automotive Co., Ltd.

Kenon Holdings, one of primary investors of Qoros Auto, announced in January that it had transferred 12% stake in Qoros Auto to Baoneng Group, the other major investor of the Chinese automaker, at a consideration of RMB1.56 billion.