A year-on-year increase of 32%! Global electric vehicle sales have set historical highs for three consecutive months, with China accounting for 70% of the market.

The performance of the China market is impressive, with sales in November growing by 50% year-on-year to reach 1.27 million vehicles, accounting for about 70% of Global total sales. Overall Auto sales in China for November increased by 16.6% compared to the previous year, marking the highest growth rate since January this year. BYD is expected to exceed the annual Global sales target and surpass Ford and Honda.

wallstreetcnDec 12 22:04 ET

Gotion High-tech plans to invest over 19 billion yuan to build two major overseas production bases | Quick Announcement

① Gotion High-tech plans to invest in the construction of high-performance Lithium Battery and supporting projects with an annual production capacity of 20GWh in Slovakia and Morocco, with a total investment not exceeding 2.514 billion euros (approximately 19.2 billion yuan); ② Overseas expansion has always been one of the company's key Global Strategy directions, and regarding base construction, Pack factories in Germany, Thailand, and Silicon Valley in the USA have already been put into operation.

cls.cnDec 12 10:18 ET

Valuation exceeds 10 billion! Qingshan's unicorn restarts IPO guidance, founded by the former sales director of Energy.

① Maitian Energy completed its initial listing advisory record filing in July 2023, intending to go for an IPO on the Shanghai Stock Exchange Main Board, but the advisory record was withdrawn last month. ② Maitian Energy was established in 2019 and immediately received strategic investment from Qingshan Holding Group. ③ In May 2023, Maitian Energy announced the completion of over 1 billion yuan in Pre-IPO round financing, with a post-investment valuation exceeding 10 billion yuan.

cls.cnDec 11 08:35 ET

Frequent disclosure of project progress and bidding information. After annual sales exceed 4 million vehicles, BYD enters a new round of expansion cycle.

On December 6, the Changzhou Natural Resources and Planning Bureau announced the pre-approval for the construction project of the second phase of the Changzhou BYD Autos production facility. On December 4, the relevant departments in Jinan also announced the pre-approval for the second phase of the Jinan BYD New energy Fund Passenger Vehicle and parts industrial park construction project. The Shen-Shan production base completed the signing of the fourth phase project in November, which is used to expand the production of Cells and other core components of New energy Fund vehicles.

cls.cnDec 11 06:11 ET

Top 10 electric vehicle sales in November: BYD's monthly sales again exceed 0.5 million vehicles, while Chongqing Sokon Industry Group Stock unfortunately drops off the list.

① In November, 9 auto companies saw year-on-year retail sales growth, and 8 auto companies experienced month-on-month growth; ② BYD has already met its annual target, while Chongqing Sokon Industry Group Stock has dropped out of the TOP 10 list.

cls.cnDec 11 03:02 ET

ZhongAn Insurance has been authorized to use the uniform terms of the compulsory insurance in Shanghai and Zhejiang, becoming the second company after BYD Property Insurance this year.

On December 10, the official website of the National Financial Regulatory Administration disclosed that ZA ONLINE Property Insurance Co., Ltd. is authorized to use the nationally unified compulsory insurance terms, basic insurance premium rates, and corresponding adjusted premium coefficients in the Shanghai and Zhejiang regions. This follows the approval granted to BYD Property Insurance in multiple locations back in May of this year.

cls.cnDec 10 06:30 ET