GAC Aion sells 7,356 units in January, up 145% year-on-year

For the full year of 2020, the Aion S, Aion LX and Aion V have accumulated sales of 60,000 units, up 42.9% year-on-year, and entered the top 10 in the rankings of China's new energy vehicle sales.

BYD adjusts its automotive business structure to build new premium brand

Chinese automaker BYD has recently restructured its automotive business to build a premium brand, involving a number of executive appointments.

Leapmotor delivers 1,522 new vehicles in January, down nearly 50 percent from December

Leapmotor said it received 5,588 orders for the month, including 3,388 for the Leap C11, which has been available for pre-order since January 1.

China's top-selling electric car seen in Europe

Selling at 9,999 euros in Europe would mean that this is about RMB 777,765 yuan, more than twice as much as the price in China.

Huawei, BAIC New Energy reportedly to unveil jointly made model in April

Huawei and BAIC New Energy's jointly-built model will be announced in April this year and launched in November, cls.cn quoted BAIC New Energy sources as saying.

Mazda said to launch pure electric models for Chinese market in Q3

Japanese automaker Mazda is said to put into production an all-electric model for the Chinese market in June this year and launch it in the third quarter, according to a Chinese auto industry website.

Leapmotor launches two-door coupe for only $20k

The S01 CoolPlay Edition is a two-door, four-seat coupe priced from RMB 130,900 ($20,270) after subsidies, with a limited edition of 200 units.

CATL to invest another $4.5 billion in battery capacity expansion

CATL, China's largest automotive lithium-ion battery maker, is going to invest RMB 29 billion ($4.5 billion) in three battery projects in Yibin, Zhaoqing, and Xiapu, considering the strong market demand for lithium batteries.

Ming-Chi Kuo expects Apple Car to be released in 2025 at earliest, and will be very expensive

Tianfeng International analyst Ming-Chi Kuo expects the Apple Car to be released in 2025 at the earliest and will be very expensive because of its high-end positioning.

BYD increases capital in three subsidiaries to bolster auto business

BYD hopes to increase the capital of its subsidiaries to enhance its product development and operational capabilities, and to improve the company's core competitiveness.
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