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BAIC BluePark forecasts net loss for first half of 2022
BAIC BluePark forecasts net loss for first half of 2022

BAIC BluePark New Energy Technology Co., Ltd. expects to record a net loss attributable to shareholders of 1.8 billion yuan-2.2 billion yuan ($266.876 million-$326.182 million) for the six months ended June 30, 2022.

Jul. 15 , 2022
Huawei’s auto partner Sokon Group predicts widened net loss in H1 2022
Huawei’s auto partner Sokon Group predicts widened net loss in H1 2022

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the auto group owning the new energy vehicle brand SERES, projected a net loss in the first six months of 2022.

Jul. 15 , 2022
Qualcomm invests in ThunderSoft-backed ThunderX
Qualcomm invests in ThunderSoft-backed ThunderX

ThunderX Auto Technology Co., Ltd., a subsidiary of ThunderSoft, announced the completion of a financing round with Qualcomm Ventures, recently.

Jul. 14 , 2022
WM Motor boasts 62.2% YoY surge in H1 2022 deliveries
WM Motor boasts 62.2% YoY surge in H1 2022 deliveries

WM Motor delivered 21,738 vehicles in the first half of 2022, according to the EV startup's press release, quoting the registrations offered by the China Automotive Technology & Research Center ("CATARC").

Jul. 14 , 2022
Changan Automobile projects 189%-259% YoY soar in H1 net profit
Changan Automobile projects 189%-259% YoY soar in H1 net profit

Chinese automaker Changan Automobile forecasted glowing numbers in its business performance during the first six months of 2022, the auto group announced on July 14th.

Jul. 14 , 2022
Ningbo Shanshan expects to post 111%-124% YoY spike in H1 2022 net profit
Ningbo Shanshan expects to post 111%-124% YoY spike in H1 2022 net profit

Ningbo Shanshan Co., Ltd. said this week its net profit attributable to shareholders was forecasted to reach 1.6 billion yuan to 1.7 billion yuan ($237.724 million-$252.582 million) in the first half of 2022 (“H1 2022”), surging 111% to 124% YoY.

Jul. 14 , 2022