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BAIC Group sold 2.402 million vehicles throughout 2018, the automaker announced in recent days. Besides, it earned RMB480.74 billion in annual revenues with a year-on-year growth of 2.2% and RMB30.13 billion in full-year net profits.
Jan. 25 , 2019
Li Bin, founder, chairman and CEO of China-based EV startup NIO, transfers 50 million shares registered under his name as the capital of a trust fund built for NIO’s users, the startup announced on January 24.
Jan. 25 , 2019
About 1,000 plug-in electric cars were sold every day (on average)
Jan. 25 , 2019
Jiangling Motors Co., Ltd. (JMC) may see its net profits attributable to shareholders of the listed company in 2018 plunge 87% year on year to RMB91.83 million and the basic earnings per share was RMB 0.11, RMB0.69 less than a year ago.
Jan. 23 , 2019
Lynk & Co, a Chinese-Swedish automotive brand owned by Zhejiang Geely Holding Group, will launch the Lynk & Co 04 and 05 in 2019, said An Conghui, President and CEO of Geely Auto Group.
Jan. 23 , 2019
Hyundai once again raised the bar for plug-in electric car sales, achieving in December a new all-time record of 8,174, which is 276% more than a year ago. The plug-ins now account for a record high 5.3% of total volume for the South Korean brand.
Jan. 22 , 2019