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BYD suffers YoY net profit nosedive of over 80% in Q1
BYD suffers YoY net profit nosedive of over 80% in Q1

BYD reported revenue of RMB 24.738 billion with a year-on-year growth of 17.54%. However, its net profit nosedived 83.09% from a year earlier to RMB 102 million.

May 7 , 2018
Analysis of Tesla’s plight from perspective of China’s imported and exported NEVs in Q1
Analysis of Tesla’s plight from perspective of China’s imported and exported NEVs in Q1

China saw robust imported and exported volume performance of NEVs in the first quarter. Strikingly, the volume of exported NEVs was doubled during the past three months.

May 4 , 2018
GAC Group sales edged down 3.2% YoY in April
GAC Group sales edged down 3.2% YoY in April

GAC Group delivered a total of 672,747 vehicles in the first four months, up 7.3% year on year, while its April sales edged down 3.2% over the previous year to 164,315 units, according to the data released by the Group.

May 4 , 2018
DFL to roll out 20 new EV models in next five years
DFL to roll out 20 new EV models in next five years

Dongfeng Motor Company Limited (DFL) plans to roll out 20 electrified models in the next five years to accelerate its NEV layout, according to Makoto Uchida, president of DFL.

May 4 , 2018
Baidu Apollo partners exhibit cooperative achievements at Auto China 2018
Baidu Apollo partners exhibit cooperative achievements at Auto China 2018

FAW Group, Chery Auto, Hyundai Motor, Panasonic and other Baidu Apollo’s partners have showed off Apollo-powered products at Auto China 2018.

May 3 , 2018
CATL to provide batteries for Nissan Sylphy Zero Emission
CATL to provide batteries for Nissan Sylphy Zero Emission

Nissan announced at Auto China 2018 that it will introduce 20 electric models into the Chinese vehicle market over the next five years.

May 3 , 2018