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Geely Auto Group inked an agreement with Xiangtan municipal government on April 29 for a new SUV manufacturing project in Geely’s Xiangtan manufacturing base.
Apr. 30 , 2021
SAIC Motor, the Chinese biggest automobile group, reported a gross revenue of 189.095 billion yuan ($29.22 billion) for the first quarter of 2021, a year-on-year jump of 82.13%.
Apr. 30 , 2021
For the first quarter of 2021, NIO’s vehicle margin rose to 21.2% from negative 7.4% for the prior-year period mainly driven by higher deliveries and solid average selling price, and the gross margin also grew to 19.5%.
Apr. 30 , 2021
Chongqing Changan Automobile Co.,Ltd. announced its net profit attributable to shareholders reached 853.586 million yuan ($131.614 million), jumping 35.26% over the previous year.
Apr. 29 , 2021
BYD Company Limited (BYD) gained 40.991 billion yuan ($6.321 billion) in the revenue for the first quarter of 2021, representing a year-on-year surge of 108.31%, according to the company’s latest quarterly financial results.
Apr. 29 , 2021
On April 29, NIO officially began the construction of its smart EV manufacturing industrial park, named Neo Park, in Hefei, capital of Anhui province.
Apr. 29 , 2021