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【Jul. 2023】China Passenger Vehicle Sales Analysis
【Jul. 2023】China Passenger Vehicle Sales Analysis

China Passenger Vehicle Sales Analysis

Aug. 30 , 2023
Dongfeng Motor Group’s sales revenue rises 2.9% YoY in H1 2023
Dongfeng Motor Group’s sales revenue rises 2.9% YoY in H1 2023

On August 28, Chinese automaker Dongfeng Motor Group Company Limited (Dongfeng Motor Group) unveiled its mid-year performance report for 2023, with sales revenue reaching 45.677 billion yuan in H1, marking a 2.9% year-on-year increase.

Aug. 29 , 2023
EVE Energy boasts 71.92% YoY surge in H1 2023 revenue from power battery sales
EVE Energy boasts 71.92% YoY surge in H1 2023 revenue from power battery sales

In the first half of this year, China's lithium-ion battery manufacturer, EVE Energy Co., Ltd. (called “EVE Energy” for short), demonstrated remarkable performance, with a total operating revenue of around 22.976 billion yuan.

Aug. 25 , 2023
China’s NEV market continues to grow in July 2023 with 31.6% YoY surge in sales
China’s NEV market continues to grow in July 2023 with 31.6% YoY surge in sales

In July, the Chinese automotive market experienced a deceleration in production and sales, influenced by the high base effect from the same period last year and compounded by the traditional off-season for the industry.

Aug. 10 , 2023
GAC Group’s auto sales drop YoY in July, but NEV sales still surge
GAC Group’s auto sales drop YoY in July, but NEV sales still surge

GAC Group announced this week it sold 189,199 vehicles in July 2023, representing a 14.04% decline year-on-year.

Aug. 10 , 2023
Changan Automobile sees 3.4% YoY rise in July sales
Changan Automobile sees 3.4% YoY rise in July sales

Chinese legacy automaker Chongqing Changan Automobile Co., Ltd., ("Changan Automobile") announced on August 8 that it sold 207,743 vehicles in July 2023, indicating a 3.4% edge up year over year.

Aug. 9 , 2023