Nio 6,500, Xiaomi 6,700, Tesla 18,600, BYD 72,100
The China EV market had mixed signals in the fourth week of December. Surprisignly, many automakers’ registrations didn’t reflect the end of the year sales push and had lower numbers than in the week before, while others rose heavily. – Advertisement – BYD registrations were 18% down, Leapmotor was down...
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SAIC’s MG to build manufacturing plant in Egypt
On December 29, SAIC signed a cooperation agreement with Egypt’s Mansour Group to invest 135 million USD to build a new automobile manufacturing plant for its MG brand in Egypt. The plant will initially produce the new generation of MG5 models, then gradually introduce more SUVs and new energy vehicles....
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BYD has the most R&D personnel as an automaker and nearly 110,000 engineers, CEO says
On December 29, Wang Chuanfu, Founder and Chairman of BYD, shared that BYD now has nearly 1 million employees, 11 major research institutes, and 110,000 engineers, making it the automaker with the most R&D personnel in the world, at the first China Innovation and Technology Festival hosted by China Central...
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Deepal hits 400,000 cars in 29 months and aims to double the number in 2025
On December 30, Deepal reported that its 400,000th car had left The production line. This means that the brand has gone from 0 to 400,000 cars in 29 months. – Advertisement – This is claimed to be some form of record for the Changan-owned brand. However, this claim is based...
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