FAW Car

Sharp Increase in Automobile Imports to Brazil in Q1

EqualOcean has learned that in the first quarter of 2024, the import of automobiles to Brazil saw a significant increase, mainly driven by a large number of electric vehicles from China.

XPeng Officially Enters the Hong Kong and Macau Markets

XPeng has accelerated its expansion into the Hong Kong and Macau markets as well as overseas territories to boost its sales.

BYD Dolphin Mini Emerges as Best-Selling Electric Vehicle in Brazil

EqualOcean has learned that the BYD Dolphin Mini(比亚迪海豚迷你) achieved a record-breaking monthly sales volume of 2,469 units in the Brazilian market in March this year.

XPeng Motors Ships Nearly a Thousand G9 Vehicles to Germany

XPeng Motors' shipment of nearly a thousand G9 vehicles to Germany marks a significant stride in its international expansion efforts.

Gartner Predicts 15% of Electric Vehicle Companies to be Acquired or Go Bankrupt by 2027

Gartner outlines a new phase in the global development of electric vehicle companies.

BYD Seagull Launched in Chile, Expanding Market Presence in Latin America

BYD unveiled a new model in Chile, reinforcing its commitment to the Latin American market.

Voyah Continues to Push Into the European Market

China Surpasses Argentina, Accounting for 40% of Imported Cars Supplied to Brazil

EqualOcean has learned that in the first quarter of 2024, China's automotive exports experienced significant growth, with a notable increase in supply to the Brazilian market, further consolidating China's position in the global automotive industry.

GAC Aion enters the Indonesian market

Xiaomi Auto's SU7 Delivery Delayed: Orders Face Up to Six-month Wait

Xpeng Motors announces official entry into German market

On March 29, Xpeng Motors announced its official entry into the German market and plans to start selling its two models in Germany from May this year - Xpeng G9 and Xpeng P7.

BYD slows down plans to build factory in Vietnam

Recently, at BYD's shareholder meeting, an executive revealed that BYD has slowed down its plan to build an electric vehicle factory in Vietnam. After lengthy negotiations, BYD agreed to retain 100 hectares of commercial land in Vietnam.

Gewu Auto completed tens of millions of yuan in Series A financing

On March 27, Gewu Automotive Technology (Suzhou) Co., Ltd. (Gewu Auto) announced that it had completed Series A financing, with the financing amount reaching 10 million yuan.

Great Wall Motors Enters Indonesian Market: Leading in Southeast Asian EVs

XPeng Motors Officially Enters ASEAN Market

BYD Releases 2023 Financial Report, with Net Profit Up 80% Year-on-Year

BYD's robust performance in 2023 cements its position as a leader in the global new energy vehicle market.

Chery Automobile Indonesia Unveils First Electric Vehicle Omoda E5

Geely Released 2023 Financial Report, with Revenue and Sales Reaching New Highs

With both revenue and sales hitting new peaks, Geely Auto delivered an impressive performance throughout 2023.

Thailand Promotes BEV Industry, Chinese Brands Accelerate Production

BYD continues to inject capital into Brazil, with investment increasing by 80%

On March 18, BYD said that investment in Brazilian electric vehicle factories would increase from the previously announced 3 billion reais to 5.5 billion reais (approximately US$1.1 billion), an increase of approximately 80%, to speed up the construction of the Brazilian factory.