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Geely Auto to launch eight Lei Shen powered models in 2022
China’s Geely Automobile Holding Limited still targets annual sales growth of over 20% in 2022, in spite of such industr...Read more -
HUAWEI's automotive R&D team expands to 5,000 people, over 30 auto parts on the market
China’s ICT giant HUAWEI allocated over $1 billion to the R&D of its intelligent auto solutions in 2021, according t...Read more -
Former XPeng executive said to join NIO as vice president
China’s up-rising EV startup, XPeng, reportedly saw its autonomous driving product director, Huang Xin, leave the compan...Read more -
Great Wall Motor scores 25.4% YoY jump in 2021 annual net profit
Great Wall Motor’s business strategies helped the company bring in RMB136.4 billion $21.43 billion) annual revenue in 20...Read more -
Ningbo Tuopu Group projects at least 41% YoY jump in net profit in Q1 2022
China’s leading auto parts supplier, Ningbo Tuopu Group projected a 50% to 54% year-on-year surge in revenue in the firs...Read more -
BYD’s annual revenue in 2021 leaps 38.02% YoY, but net profit falls 28.08%
BYD Company Limited “BYD”) saw its annual net profit attributable to shareholders dwindle 28.08% year on year to 3.045 b...Read more -
NavInfo delivers turnaround with 140% YoY soar in net profit in 2021
China’s navigation player NavInfo delivered a turnaround from loss to profit in 2021, with a 139.26% year-over-year soar...Read more -
GAC Group scores double-digit YoY growth in 2021 revenue, net profit
GAC Group announced earlier this week its annual gross revenue jumped 19.82% year on year to around 75.676 billion yuan ...Read more -
Sixents' location service-powered WM Motor M7 makes debut
On March 31st, WM Motor officially introduced its M7 battery-electric sedan model powered by Sixents’ high precision loc...Read more -
Aiways raises price of U5 model in China
On March 30th, local EV startup, Aiways, announced a price increase in China of its only model on the market, the U5, ef...Read more
