Xiaomi – Gasgoo Daily: China’s automobile sales in July likely to drop 13.8% YoY
With Gasgoo Daily, we will offer at least 10 pieces of daily news about China’s automotive industry. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
China’s automobile sales in July likely to drop 13.8% YoY
China’s automobile sales in July are expected to reach 1.82 million vehicles, down 13.8% year on year and 9.7% month on month, according to the China Association of Automobile Manufacturers (CAAM). Monthly passenger vehicle sales may decline 11.2% from a year ago while commercial vehicle sales may drop 27.1% year on year.
Nissan China July sales drop 20.8% YoY
Nissan China, including passenger vehicle segment and light commercial vehicle segment, sold 95,783 vehicles in China in July, representing a year-on-year decrease of 20.8%. For the first seven months of this year, the Japanese automaker sold a total of 802,133 vehicles in China, up 11.8% from a year ago.
Xiaomi’s vehicle business at a very early stage
Yesterday, Lei Jun, Xiaomi’s founder, revealed that the company’s automobile business is at a very early stage and will let the public know if they have any important progress.
Tesla’s Northwest Supercharging Route have 8 charging stations
Tesla’s Northwest Supercharging Route, which covers 2,229 kilometers, starts to operate. There are 8 supercharging stations and 3 destination charging stations along the route.
Photo credit: Tesla
Jidu executives visit CATL
Executives from Jidu, EV joint venture between Baidu and Geely, paid a visit to CATL, a local media outlet reported. Discussion between the two parties were not limited to power battery business.
Arcfox delivers 525 vehicles in July
Arcfox, BAIC Group’s EV brand, delivered 525 vehicles in July, representing an increase of 90% versus the previous month, according to the brand. The brand also said that its monthly deliveries have realized month-on-month growth for four consecutive months.
Photo credit: Arcfox
Chery Holding’s July sales shoot up 49.6% YoY
Chery Holding announced on Wednesday its new vehicle sales amounted to 83,678 units in July 2021, soaring 49.6% from a year ago. For the first seven months, the group sold 508,415 vehicles, a 74.6% hike year-on-year.
Honda Motor sees China deliveries dip 20.9% in July
In July 2021, Honda Motor Co., (Honda) saw its China deliveries tumble 20.9% year on year to 108,139 units due to the chip supply constraint, the Japanese automaker said on Wednesday.
Hefei BYD finishes registration for NEV component project
Hefei BYD Automobile Co.,Ltd. (Hefei BYD) completed earlier this month the registration for the project of new energy vehicle (NEV)-related core components, according to the information posted on the website of Changfeng County government.
China’s Ministry of Commerce suggests larger NEV exports to Russia
China’s Ministry of Commerce (MOFCOM) advises Chinese automakers to expand their shares in Russian new energy vehicle (NEV) market by lifting NEV exports to the country and stepping up marketing deployment and sales promotion, according to a research report the MOFCOM issued on Tuesday.