Yang Jian

Great Wall's surge reflected increased vehicle sales and improved gross profit behind an optimized product mix, the company said this week.

The automaker is speeding up the establishment of a direct-sales network in China for the locally produced Mustang Mach-E electric crossover, with five more stores opening on July 17.

Nio, a leading Chinese electric-vehicle startup, started shipping vehicles to Norway, the first overseas market in a global expansion plan.

Gotion High-Tech Co., a Chinese battery maker partly owned by Volkswagen Group, signed a deal with Robert Bosch to acquire the supplier’s factory in Gottingen, Germany.

Until recently it was fleet sales that drove the country's boom. Not anymore.

The number of stations where EV drivers can have depleted batteries replaced with freshly charged ones has more than doubled since the end of 2019.

Deliveries of used vehicles in China advanced for the second straight month in June, rising 25 percent, as chip shortages spurred consumers to choose used vehicles instead of waiting for new vehicles. 

Gotion High-Tech, a Chinese battery maker partly owned by Volkswagen Group, will make new-generation battery cells in Germany and China to support the German auto giant’s shift to EVs.

Audi’s first-half China deliveries jumped 39 percent to 418,188, led by imported products, according to tallies disclosed this week by FAW-Volkswagen, Volkswagen Group’s joint venture with China FAW Group Corp.

Lincoln deliveries surged 65 percent to 22,934 during the latest three-month period but sales of Ford-badged passenger vehicles slumped 19 percent.

Deliveries of new light vehicles in China will rise to 22.1 million in 2021 after falling three straight years, the leading trade group said in a revised forecast after releasing June sales.

The new company, named Aurobay, is eventually expected to supply customers outside the Volvo-Geely group.

Deliveries of the BMW and Mini brands rose 12 percent, while Mercedes posted a 5.8 percent volume gain. 

Thanks to a 69 percent rebound in the first quarter from the coronavirus-battered year-earlier period, GM’s China retail sales in the first six months jumped 30 percent year over year to some 1.53 million units.

The move comes as GM prepares to cut out internal combustion engine vehicles from its fleet by 2035 and underscores its efforts to gain a bigger foothold in China.