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Industry dynamics
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Industry dynamics
CATL-backed AVATR introduces second EV model with limited supply of 500 units
2024-03-15
On April 7th, Changan Auto’s high-end new energy brand AVATR introduced a limited-edition electric coupe SUV, namely the...
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SAIC Motor sees Q1 sales grow, but posts YoY drop in March sales
2024-03-15
SAIC Motor announced today its monthly vehicle wholesale volume dipped 10.11% from a year earlier to around 443,045 unit...
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Toyota Gosei to build new airbag plant in China’s Guangdong province
2024-03-15
Toyota Gosei Co., Ltd., an affiliate of Toyota Motor Corporation, plans to establish a new plant in Guangdong province o...
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Chinese indigenous brands score YoY rise in March retail sales despite drop in China's overall PV sales
2024-03-15
In March 2022, the retail sales of locally-made PVs referring to cars, MPVs, SUVs and minibuses) in China amounted to ar...
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Great Wall Motor sells 100,930 vehicles in March
2024-03-15
Great Wall Motor sold 100,930 vehicles in March, down 8.86% compared to a year ago, with a year-over-year decrease gener...
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GAC Honda to stop production, sales of Acura-branded cars from 2023
2024-03-15
GAC Honda will discontinue the production and sales of the existing vehicle models under its high-end car brand, GAC Acu...
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China's NEV sales, production both surpass 1.2 million units in first quarter
2024-03-15
China’s new vehicle sales fell 11.7% from a year ago to 2.234 million units, but represented a month-over-month jump of ...
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FAW Group resumes production in Jilin province
2024-03-15
China’s Jilin-based major auto group FAW Group has resumed production on April 11th, according to Sun Jian, head of the ...
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China’s passenger vehicle retail sales in Feb. 2024 drop YoY, MoM
2024-03-12
In the second month of 2024, China s domestic passenger vehicle (PV) retail sales reached 1.095 million units, marking a...
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GAC AION cuts AION V Plus' price by up to 23,000 yuan
2024-03-12
On March 7, GAC AION announced a significant price adjustment for its AION V Plus model, with a maximum reduction of 23,...
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