Chongqing Sokon
Chongqing Sokon sold 4,351 NEVs in June, up 112% from a year earlier
The Shanghai-listed company went up by the daily limit of 10 percent in early trading Monday, and has accumulated a 330% gain so far this year.
Huawei's automaker partner Sokon gets more ammunition for product development
Chongqing Sokon, which has seen huge demand for its models following its partnership with Huawei, is now getting more capital to support its further growth.
A little-known A-share NEV company is up about 380% this year, here's why
Chongqing Sokon - a Chinese automaker that has never been on the radar before - saw its market capitalization top RMB 100 billion ($1.55 billion) for the first time yesterday. So far this year, it has risen about 380 percent.
Huawei will reportedly start selling cars for third-party brand
Chinese tech giant Huawei, which has long said it won't build cars directly, appears ready to start selling them.