XPeng Motors recently reduced the number of nationwide sales regions. They are also gradually phasing out underperforming directly operated stores and expanding the scale of dealership stores.
On December 2, Chinese electric vehicle maker BYD announced that it had sold 230,427 new energy vehicles in November, up from 91,219 units a year earlier. This year's cumulative sales reached 1,628,297 vehicles, a year-on-year growth of 219.38%.
BYD has a total of seven models among the top 20 sales spots in the world. Among them, Qin Plus ranks 5th, Han ranks 6th, Dolphin 7th, Yuan Plus 8th, Tang 10th and Destroyer 05 17th.
Chinese electric vehicle maker XPeng initiated its largest organizational restructuring to date in October, and its delivery data that month suffered monthly and annual declines. The chairman of XPeng was given the opportunity to respond to consumer concerns.
Chinese electric vehicle maker XPeng is adjusting its organizational structure. The restructuring started about a week ago and is still in progress. It is expected that new appointments will be announced in the next week.
News emerged recently that Tesla is reevaluating the way it sells EVs in the Chinese market, considering closing some showrooms in malls. Tesla China responded that sales channels are still occurring at the normal rate of expansion within the country.
Changan Automobile announced on August 26 that its production and sales target in August is expected to be reduced by about 100,000 vehicles due to the power brownouts in its Sichuan base caused by high temperatures in the province.
Chinese smartphone company Honor has launched a new subsidiary named Xingyao, which recently started talent recruitment.
Recently, BYD revealed during its investor conference call that its sales target of new energy vehicles in 2022 is between 1.1-1.2 million units, including 600,000 pure electric vehicles and 500,000-600,000 plug-in hybrid vehicles.
Zhu Lei, General Manager of the Sales Operation Department 1 of Xiaomi Group China, was recently succeeded by Wang Teng, a younger official born in the 1980s .
Chinese automaker Geely Automobile announced on Tuesday that the company's total sales volume in June saw a year-on-year decrease of about 9% and a quarter-on-quarter increase of about 4%.
Tesla’s deliveries in China unexpectedly surged in May after a short-lived downturn, following which the company regained its throne in the national electric vehicle (EV) market despite a backlash over issues with quality and data protection.
Geely Automobile Holdings is in talks with home appliance manufacturer Haier Group to sell the first model of its new electric vehicle (EV) brand at the latter's stores, according to Chinese media.
Global smartphone shipments totaled 366 million units in the third quarter of 2020, down 5.7% from the third quarter of 2019, according to Gartner, a research and advisory company.
The daily demand for masks is in the hundreds of millions, and there is a serious supply shortage.
Nike, Adidas, and Capri Holdings, owner of luxury brands Versace, Jimmy Choo, and Michael Kors, have all warned investors this week that as the coronavirus grips China, sales could take a hit.
OnePlus has sold out one million of its flagship OnePlus 6 within only 22 days of release. Pete Lau, CEO of OnePlus, expressed his gratitude towards the OnePlus community, “we are touched by the trust that one million people have placed in us and are grateful for the loyalty they have displayed.”
China is the world’s largest market for car sales. Tesla’s vehicles have to be imported into China, as Tesla is unable to produce cars in China. Nevertheless, Tesla doubled its sales in China in 2017, and Tesla’s all-electric cars are commonly seen on China’s roads.