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: JMC's first-nine-month revenue was 22.079 bln yuan, up 8.19% YoY

IIA learned from Jiangling Motors Corporation (JMC) that from January to September 2020, JMC achieved operating income of 22.079 billion yuan, a year-on-year increase of 8.19%. Realized a net profit of 359 million yuan, a year-on-year increase of 127.42%. JMC's production and sales have continued to grow for six consecutive months. It is expected that the current operating conditions will continue in the fourth quarter of 2020, and the company's profits will be steadily increased.

English2020-10-28 13:30:10

: GWM's Q3 revenue reached 26.21 bln yuan, up 23.6% YoY

On October 23, Great Wall Motor released its third quarter financial report. IIA learned that in the third quarter of this year, GWM's total operating income was 26.21 billion yuan, a year-on-year increase of 23.6% and a month-on-month increase of 11.5%. The net profit attributable to the parent company was 1.44 billion yuan, a year-on-year increase of 2.9%, the gross profit margin was 19%, and the vehicle sales volume was 286,000. From January to September this year, GWM achieved a total operating income of 62.14 billion yuan.

English2020-10-26 11:16:06

: Geely swap station settled in Jinan, complete swap in 90 seconds

IIA learned from Geely that the automaker and the Jinan Municipal People's Government have launched a comprehensive strategic cooperation, and smart power swapping stations have landed in Jinan. The battery change can be completed within 90 seconds, and the driver does not need to get out of the car to wait. Up to now, Geely Technology Group's smart swap stations have been gradually implemented in Chongqing, Hangzhou, Jinan, Zibo and other places, and more than 1,000 swap stations have been signed nationwide.

English2020-10-20 13:10:19

: ENOVATE completes 5-billion-yuan financing

It is reported that ENOVATE has completed a new round of financing of more than RMB 5 billion. According to reports, this round of financing is led by local government industry guidance funds and large state-owned banks. The funds will be used for subsequent new model research and development, intelligent manufacturing, sales channels and service system construction, brand marketing and promotion. After obtaining new financing, ENOVATE will speed up the construction of offline sales service networks such as ENOVATE brand experience stores, sales centers, service centers, and quick outlets.

English2020-10-14 16:34:10

: GAC Honda sales in September up 24.2% YoY

It is reported that GAC Honda has sold 548,879 vehicles from January to September. GAC Honda sold 87,786 vehicles in September, a year-on-year increase of 24.2%. At the same time, GAC Honda’s cumulative sales in the third quarter were 232,114, a year-on-year increase of 29.7%.

English2020-10-13 17:00:37

: First batch of Xpeng exported to Europe was formally shipped

The first order of 100 Xpeng G3i that Xpeng Motors won in the European market has been assembled and lined up on the ro-ro ship at Xinsha Port, Guangzhou. It is reported that Xpeng G3i will be the first to be sold in Norway, priced at 358,000 Norwegian kroner, and is expected to arrive in November 2020.

English2020-09-25 14:57:23

: GM and Nikola team up in electric trucks and hydrogen energy

It is reported that General Motors announced the establishment of a strategic partnership with Nikola to promote the application of Ultium battery system and Hydrotec hydrogen fuel cell technology to Nikola's products.

English2020-09-10 17:04:17

: WM's sales hit a new high in June, up 77.8% MoM in Q2

IIA learned from WM Motor that the automaker's sales in June reached 2,028 vehicles, an increase of 34.9% month-on-month, and it has achieved month-on-month growth for four consecutive months. Although the emergence of COVID-19 has brought a certain impact to the automobile industry, but as the epidemic gradually improved, the automobile market has gradually recovered.

English2020-07-07 16:58:16

: BYD sold over 30k in April, fuel up 36% YoY

BYD announced its sales results for April 2020. IIA received news from BYD that the brand sold a total of 31,076 new cars in April,

English2020-05-09 17:32:05

: Xpeng P7 on-sale on Monday has a NEDC cruising range of up to 706km

Xpeng P7 started pre-sale during the 2019 Guangzhou Auto Show, and the pre-sale price range is 240,000 to 370,000 RMB. On April 27, IIA learned from Xpeng Motors that Xpeng P7 will be officially listed today. The car will be published online. Hepeng Hep, chairman and CEO of Xpeng Motors, will show the audience the power of P7 in terms of intelligence, performance, and battery life, and announce prices, configurations, and services.

English2020-04-27 11:50:16

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