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China Auto Daily丨BYD Reports Robust Q3 Profit; Eyes Europe Expansion

From October 1-27, China passenger vehicle market saw a 9% year-on-year increase in retail sales. Meanwhile, BYD and Li Auto posted strong third-quarter financial results, with BYD making moves to expand in Europe and BAIC planning a new factory in Egypt.

cls · 2024-11-01

Xiaomi Invests 120 Million USD in Second Phase Factory

Xiaomi's second factory phase is under construction, with an 842 million yuan investment. Expected to match the first phase, it aims to produce 150,000 vehicles annually.

pcauto · 2024-09-27

China Auto Daily丨 Shanghai Automobiles Exceed 1 Million Exports in 10 Months

Shanghai's Waigaoqiao Port exported 1.077 million cars in the first 10 months of 2024. Freetech filed for IPO while Huawei's HarmonyOS-driven vehicles reached 500,000 deliveries.

cls · 2024-11-27

Chery Enters Fortune Global 500, Ranking 385th

Chery Holding Group enters the 2024 Fortune Global 500 list for the first time, ranking 385th with a revenue of $39.1 billion. This marks a significant milestone for the Chinese automaker.

pcauto · 2024-08-07