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In Feb. 2021, around 1.194 million locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) were handed over to consumers in China, representing a year-on-year surge of 368.4%, according to the China Passenger Car Association (CPCA).
Mar. 9 , 2021
The New York-listed Xpeng Motors announced its gross margin for the fourth quarter of 2020 (Q4) stood at 7.4%, versus negative 6.6% for the prior-year period and 4.6% for the third quarter last year.
Mar. 8 , 2021
Geely Automobile Holdings Limited (called “Geely Auto” for short) and its subsidiaries sold a total of 77,221 new vehicles in February, a precipitous increase of roughly 265% from the year-ago period.
Mar. 8 , 2021
Wen Fei, general manager of Haval, Great Wall Motor (GWM)’s SUV line, has been promoted to CEO of Shanglong Zhixing, a smart EV brand that embodies the mission to help GWM speed up the transition to being a global technology mobility company.
Mar. 5 , 2021
Even though local market is still their primary focus, the three Chinese EV startups are also stepping up efforts for overseas market.
Mar. 5 , 2021China will encourage stable increase in the consumption of automobiles and home appliances.
Mar. 5 , 2021