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BYD NEV sales in 2018 exceed 240,000 units
BYD NEV sales in 2018 exceed 240,000 units

China-based automaker BYD Company Limited (BYD) sold a total of 520,687 vehicles in 2018, among which the sales in December were 69,637 units, jumping 36.59% over a month ago, according to the official sales report released on January 7.

Jan. 8 , 2019
Geely-funded Corun said to buy Toyota’s hybrid system core tech at RMB1
Geely-funded Corun said to buy Toyota’s hybrid system core tech at RMB1

Hunan Corun New Energy Co.,Ltd (Corun), whose second biggest shareholder is Zhejiang Geely Holding Group, has reportedly bought the core technology of Toyota’s THS (Toyota Hybrid System) for a value of merely RMB 1.

Jan. 7 , 2019
Geely sales in 2018 exceed 1.5 million units with 20% YoY growth
Geely sales in 2018 exceed 1.5 million units with 20% YoY growth

Chinese automaker Geely announed on January 7 that its 2018 sales grew 20% from a year ago to 1,500,838 units.

Jan. 7 , 2019
SAIC Motor achieves YoY growth of 1.75% in 2018 sales
SAIC Motor achieves YoY growth of 1.75% in 2018 sales

SAIC Motor sold a total of 7,051,734 vehicles throughout 2018, achieving a year-on-year (YoY) growth of 1.75% and gaining 24% of market shares in China, the automaker reported on January 4.

Jan. 4 , 2019
Tesla Model 3 configuration options available for Chinese consumers placing orders
Tesla Model 3 configuration options available for Chinese consumers placing orders

Tesla announced on January 4 that Chinese consumers are allowed to place an order for optional configuration sets of the Tesla Model 3’s High Performance All-wheel Drive (AWD) version and Long Range AWD version from now on.

Jan. 4 , 2019