Industry

Sales

China’s Chery has already exported 1 million cars in 2024

Mark Andrews - 4
Chery is the first Chinese company to achieve 1 million exports this year. Also the first time Chery has ever exported 1 million.
EV

Leapmotor achieves record sales in 3Q, expects to surpass 250,000 vehicles sold in 2024

Lawrence Ho - 0
Leapmotor reported 38,177 units sold in October. Leapmotor anticipates surpassing its annual sales target of 250,000 cars for the year.
EV

Chinese automaker Neta reportedly halts production and cuts salaries

Denis Bobylev - 5
Chinese Neta reportedly halts production in the Zhejiang factory and cut salaries as its sales performance declined in China.
Industry

CarNewsChina introduces EV DataTracker, a tool to understand the China EV market with 2 million sales datapoints

Jiri Opletal - 15
It contains data about 114 brands, 1,142 models, and detailed cities in over 1,000 Chinese cities.
EV

Xiaomi’s second-phase car factory steel structure completed in two months

Denis Bobylev - 0
The steel structure of Xiaomi’s second-phase (F2) car factory was completed in China two months after the construction had started.
EV

Construction of Xiaomi’s second phase car factory has begun

Mark Andrews - 0
According to reports, construction of the second phase of the Xiaomi Automobile factory has already begun, with workers operating day and night to ensure...
Industry

GWM will produce cars in Vietnam with growing commitment to market

Mark Andrews - 0
Great Wall Motor will start producing in Vietnam next year from complete knock down kits as if furthers its commitment to Vietnam.
EV

Changan is selling over 7000 vehicles a day

Lawrence Ho - 1
Changan Automobile has surged in popularity this year selling just under 1.7 million cars so far this year, which is around 7000 cars a day.
EV

Mercedes doubles down on China with a 2 billion USD investment to compete local EV startups

Lawrence Ho - 0
Mercedes announces its 14 billion RMB investment in China to expand its local production lineup. They will release three new models in 2025.
EV

JAC Group sold over 200,000 vehicles in the first half of 2024 

Lawrence Ho - 0
JAC Group achieved a net profit of 300.83 million yuan (40 million USD) from its subsidiaries and sold over 200,000 vehicles.
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