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BYD’s auto sales in 2021 rise 73.34% YoY thanks to NEV sales surge
BYD’s auto sales in 2021 rise 73.34% YoY thanks to NEV sales surge

BYD Company Limited (BYD) announced its full-year auto sales in 2021 reached 740,131 units, surging 73.34% from the previous year.

Jan. 4 , 2022
China launches NEV-dedicated insurance, leading to increase in NEV premium
China launches NEV-dedicated insurance, leading to increase in NEV premium

The commercial insurance dedicated to new energy vehicles (NEVs) was officially launched for sale in China on Dec. 27, resulting in significant increase in premium of many NEV models.

Dec. 29 , 2021
Schaeffler, Leadrive reach cooperation on NEV electric drive system development
Schaeffler, Leadrive reach cooperation on NEV electric drive system development

German automotive supplier Schaeffler and Leadrive, a Shanghai-headquartered power modules and EV solutions provider, on Dec. 16 forged a strategic partnership to co-develop the next-generation electric drive solution for new energy vehicles (NEVs).

Dec. 17 , 2021
BYD scales up battery production capacity to support fast-growing NEV sales
BYD scales up battery production capacity to support fast-growing NEV sales

Grasping this supply chain helps BYD reduce car production costs and earn more market share for its self-owned auto brands in China.

Dec. 13 , 2021
Chery Holding Nov. NEV sales double YoY
Chery Holding Nov. NEV sales double YoY

Chery Holding’s year-to-date sales volume set a new record at the end of November, with booming sales performances both domestically and internationally.

Dec. 13 , 2021
SAIC Motor’s Nov. auto sales drop 6.61% YoY, but NEV sales hit new highs
SAIC Motor’s Nov. auto sales drop 6.61% YoY, but NEV sales hit new highs

SAIC Motor's monthly auto wholesales reached 601,360 units in November, dropping 6.61% year on year, while climbing 3.3% month on month.

Dec. 7 , 2021