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China's vehicle inventory alert index ("VIA"), which reflects the inventory pressure on automobile dealers, rose 3 percentage points year on year in August 2022, according to the China Automobile Dealers Association (CADA).
Sep. 1 , 2022
According to the updated information on Tesla China's official website, the lead-time of the Shanghai-made Tesla Model Y RWD version has been reduced to 1-4 weeks from the previous 4-8 weeks.
Aug. 31 , 2022
Chinese ICT giant Huawei is planning business expansion for its Petal Mobility ride-hailing service platform, a local media outlet reported today, citing people with knowledge of the plan.
Aug. 31 , 2022
Great Wall Motor announced today its net profit attributable to shareholders reached 5,600,501,900 yuan ($809.637 million) in the first half of 2022, surging 58.72% year on year.
Aug. 30 , 2022
Li Auto officially began the user delivery of the Li L9, its second production model, on August 30, the Chinese new energy vehicle startup announced on August 30 via its Sina Weibo account.
Aug. 30 , 2022
GAC Group announced today its revenue amounted to 48.448 billion yuan ($7.004 billion) in the first half of 2022 (“H1 2022”), surging 41.17% over a year earlier.
Aug. 30 , 2022