A record 1.3 million electric vehicles (EVs) were sold in China in 2020 with a year-on-year growth of 8%, comparing with 39% worldwide sales growth, according to research from Canalys.
Tesla
China’s automobile sales expected to reach 25 million units in 2020
In November this year, China’s domestic automobile production and sales volume were 2.847 million and 2.77 million respectively, with a month on month increase of 11.5% and 7.6%, and year-on-year growth of 9.6% and 12.6% respectively.
Tencent highlights for Q3 2020; WeChat MAU +5.4% over 1.21 billion
The number of monthly active users (MAU) of WeChat grew by 5.4% YoY to 1,212.8 million in the third quarter of 2020, according to Tencent’s quarterly results. Smart device MAU of QQ decreased by 5.5% to 617.4 million.
SAIC Volkswagenn, Nio lead in New Energy Vehicle Quality in China
SAIC Volkswagen ranks highest in NEV new-vehicle quality among all brands in the PHEV segment in China, followed by BMW, while NIO ranks highest among all brands in the BEV segment, followed by Tesla, according to a JD Power report. As the New Energy Vehicle (NEV) market in China gets in the fast lane, the […]