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Foton Motor to issue 1.429 billion shares to controlling shareholder BAIC Group
Chinese commercial vehicle maker Beiqi Foton Motor Co., Ltd.Foton Motor) on April 1 issued a pre-plan for a non-public i...Read more -
JMC sees 43.5% YoY jump in SUV sales in Q1 2022
China’s automaker Jiangling Motors Corporation Group JMC) celebrated a year-over-year growth in its SUV sales in March 2...Read more -
Joyson Electronics breaks ground on new industrial base in Hefei
China’s auto parts supplier Joyson Electronics’ auto safety arm, Joyson Safety Systems, has started the construction of ...Read more -
HUAWEI's auto partner ARCFOX lifts EV prices
The high-end EV brand of BAIC Group, ARCFOX, issued a price increase on its entire product lineup on April 6th.Photo cre...Read more -
HUAWEI-associated automaker Sokon Group sees 165% YoY soar in Mar. NEV sales
Chongqing Sokon Industry Group Stock Co., Ltd. Sokon Group) sustained its growing momentum to March, with substantial gr...Read more -
Tesla recalls 127,785 Model 3s in China
On April 7th, Tesla issued a recall for 127,785 of Model 3s in China due to faulty parts in the rear electric motors.Mod...Read more -
Geely Auto sees March sales volume up by 1% YoY
China’s major automaker, Geely Automobile Holdings Limited Geely Auto saw remarkable growth in the sales volume of its p...Read more -
China’s car parc amounts to 307 million units by end of March 2022
China's motor vehicle parc amounted to roughly 402 million units by the end of March 2022, 307 million of which were aut...Read more -
Dongfeng Motor's Q1 PV sales rise 14.7% YoY
In the first quarter of 2022, Dongfeng Motor Corporation DFMC) saw a 3.2% year-on-year growth in sales, mostly contribut...Read more -
JIDU to launch second production model in 2022
On April 8th, Baidu’s JIDU disclosed that its second production model will debut at this year’s Auto Guangzhou and hit t...Read more
