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In terms of April sales, Toyota, Honda, and Nissan’s China businesses still recorded year-on-year growth, while the rates were much smaller than that of the previous month. Mazda was the only one that faced decrease.
May 18 , 2021
GAC Aion, the electric vehicle subsidiary of GAC Group, announced on May 17 the strategic cooperation with DiDi Autonomous Driving as both parties plan to jointly develop a fire new driverless new energy vehicle (NEV) model.
May 17 , 2021
BAIC BJEV, the electric vehicle (EV) unit of BAIC Group, sold 1,028 new vehicles in April 2021, posting a year-on-year surge of 75.4%.
May 17 , 2021
Chinese autonomous driving startup WeRide announced on May 13 the completion of its Series C funding with several hundred million dollars raised, valuing the company at $3.3 billion.
May 13 , 2021
China auto outputs and sales reached 2.234 million and 2.252 million units last month, growing 6.3% and 8.6% respectively from a year earlier, according to the China Association of Automobile Manufacturers (CAAM).
May 12 , 2021
BYD Company Limited (BYD) announced on May 11 it plans to spin off its controlled subsidiary BYD Semiconductor Co.,Ltd. for the independent listing on the ChiNext board, the Shenzhen Stock Exchange’s board for growth enterprises.
May 12 , 2021