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Dongfeng Motor Corporation sees 76.2% YoY surge in Nov. new energy vehicle sales
Dongfeng Motor Corporation sees 76.2% YoY surge in Nov. new energy vehicle sales

China’s major automaker Dongfeng Motor Corporation ("Dongfeng Motor") disclosed on December 5 the monthly sales of the group’s new energy vehicles (NEVs) came in at 45,672 units in November, surging 76.2% year over year.

Dec. 6 , 2022
Foton Motor, CATL to build joint venture for power battery leasing business
Foton Motor, CATL to build joint venture for power battery leasing business

BAIC Foton Motor Co., Ltd. (Foton Motor), a Beijing-headquartered commercial vehicle (CV) manufacturer majority-owned by BAIC Group, announced on Dec. 6 it intends to build a joint venture with CATL to work on power battery leasing business.

Dec. 6 , 2022
HYCAN A06 all-electric coupe hits market, starting at 179,800 yuan
HYCAN A06 all-electric coupe hits market, starting at 179,800 yuan

HYCAN put its first coupe model, the HYCAN A06, onto the market on Dec. 3, with the deliveries kicking off in Guangzhou and Hangzhou on the same day.

Dec. 5 , 2022
BYD starts production at Jinan vehicle plant
BYD starts production at Jinan vehicle plant

BYD's new plant in Jinan city, the capital of China's Shandong province, has already started operation with the first vehicle, a Song Pro DM-i SUV, rolling off the production line on Nov. 30, according to a local media outlet.

Dec. 5 , 2022
Honda Motor posts 11.4% YoY drop in Jan.-Nov. China sales
Honda Motor posts 11.4% YoY drop in Jan.-Nov. China sales

Honda Motor announced on Monday its monthly China retail sales reached 78,126 units in Nov. 2022, tumbling 42.8% from a year earlier, while also falling 26.3% from the previous month.

Dec. 5 , 2022
WeRide: no specific plan, schedule made for IPO
WeRide: no specific plan, schedule made for IPO

China’s autonomous driving company WeRide on December 3 officially responded to the recent rumor about the company’s accelerated IPO in the U.S., according to posts from several local media outlets.

Dec. 5 , 2022