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Great Wall Motor logs 6.18% year-on-year growth in May sales
Great Wall Motor logs 6.18% year-on-year growth in May sales

Great Wall Motor (GWM) announced on Tuesday it sold 517,547 new vehicles during the first five months of 2021, recording a year-on-year surge of 65.32%. The sales for the month of May reached 86,965 units, rising 6.18% from a year ago.

Jun. 9 , 2021
Changan sells less vehicles in May
Changan sells less vehicles in May

Thanks to its outstanding sales performance in the first four months, its cumulative sales of the first five months exceeded 1 million units.

Jun. 9 , 2021
Chinese LiDAR maker Hesai closes $300 million plus Series D financing
Chinese LiDAR maker Hesai closes $300 million plus Series D financing

Hesai, a Shanghai-based LiDAR manufacturer, announced on June 8 the completion of its Series D funding with over $300 million raised. The latest financing round was led by GL Ventures, Xiaomi, Meituan, and CITICPE.

Jun. 8 , 2021
Geely Auto's May 2021 sales slide 12% year on year
Geely Auto's May 2021 sales slide 12% year on year

Geely Automobile Holdings Limited announced on June 7 its new vehicle sales (including the sales of its subsidiaries) reached 96,167 units in May 2021, dropping around 12% from the previous year, while also falling 4% from the previous month.

Jun. 7 , 2021
NIO, Li Auto upbeat about quarterly deliveries despite MoM decline in May
NIO, Li Auto upbeat about quarterly deliveries despite MoM decline in May

Both NIO and Li Auto have reiterated its delivery guidance for the second quarter in 2021.

Jun. 7 , 2021
Chery Holding scores 84.2% YoY surge in Jan.-May auto sales
Chery Holding scores 84.2% YoY surge in Jan.-May auto sales

Chery Holding said it sold a total of 65,842 new vehicles in May 2021, representing a year-on-year jump of 58.1%. For the first five months, the group saw its year-to-date sales leapt 84.2% to 348,302 units.

Jun. 7 , 2021