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China's homegrown PV retail sales drop 6.8% year on year in 2020
China's homegrown PV retail sales drop 6.8% year on year in 2020

For the year of 2020, around 19.605 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year growth of 8.8%, according to the China Passenger Car Association (CPCA)

Jan. 11 , 2021
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY
SAIC Motor’s 2020 net profit likely to dip 21.89% YoY

SAIC Motor said its annual net profit attributable to shareholders in 2020 is anticipated to slump 21.89% year on year to roughly 20 billion yuan ($3.085 billion).

Jan. 11 , 2021
Leapmotor teams up with Hefei government to develop NEV business
Leapmotor teams up with Hefei government to develop NEV business

Leapmotor recently entered into a strategic partnership with Hefei municipal government for an all-round in-depth cooperation on new energy vehicle (NEV) business.

Jan. 11 , 2021
GAC Group, GAC Honda warned of auto parts shortage
GAC Group, GAC Honda warned of auto parts shortage

Some subsidiaries of GAC Group were warned by their suppliers that the auto parts supply for several models will be impacted by the faltering global economic climate amid the coronavirus spread, GAC Group revealed on Jan. 8.

Jan. 8 , 2021
EV startup AIWAYS partners with Jinjiang Auto for foray into mobility service
EV startup AIWAYS partners with Jinjiang Auto for foray into mobility service

Chinese EV startup AIWAYS and Jinjiang Auto, a Shanghai-based auto service provider, entered into partnership on Jan. 5 to jointly explore environmental-friendly mobility service business.

Jan. 8 , 2021
Xpeng Motors’ third production model to be unveiled in 2021
Xpeng Motors’ third production model to be unveiled in 2021

Xpeng Motors teased its third mass-produced model via its WeChat account on Jan. 7.

Jan. 8 , 2021