We can see sales picking up from May and continuing to June 2022. This is largely due to continued efforts from the government to support the EV industry. Hence you can seeRead More…
Before diving deep into the details I think it is pretty certain that the overall car sales will not be looking great. With lockdowns and the pandemic still going on, I doRead More…
Recently, the China Industry Association officially released the national auto industry report for March 2022, in which the rankings of domestic hot-selling SUVs, sedans, MPVs, and new energy vehicles in March 2022Read More…
After the traditional Spring Festival sales off-season, the auto consumer market has finally ushered in the recovery of all things. As some car companies/brands released their sales data for March, we sawRead More…
The general rise of new energy vehicles has exceeded many people’s expectations, just as the crazy growth of power battery raw materials has also exceeded many people’s expectations.
On March 17, Fuyao Glass (600660, SH) released its 2021 annual report. The company’s operating income in 2021 is about 23.603 billion yuan, an increase of 18.57% year-on-year;
In January 2022, Passenger car sales totaled 2.26 million units, down by 4% year-on-year whereas EV sales recorded more than 315,000 units, up by 111.9% year-on-year, taking up 13.9% of total salesRead More…
In the past few weeks, we have seen the report cards delivered by the various electric vehicle car companies. And most, if not all have doubled in sales compared with their previousRead More…
Overall retail sales are poor: Passenger car retail sales in November were 1.816 million units, a year-on-year decrease of 12.7% and a decrease of 6% from the previous year. The main unfavorable factors in November were the epidemic.