China became the world's biggest car exporter in 2023 for the first time, industry data showed, dethroning Japan with strong overseas sales of electric vehicles.
Byd: The Chinese automaker will pay 666 yuan (USD 93.17) per car to the dealers if they have achieved their sales targets in 2023, the people said. The number 666 is considered an auspicious figure in China since the number sounds like the word for "cool" or "amazing".
Zeekr, owned by Chinese automaker Geely Auto, had made its listing prospectus public earlier this month after confidentially filing in December to float its shares in New York. The company said its total revenue surged to 35.31 billion yuan (USD 4.90 billion) in the nine months ended Sept. 30, compared with 18.47 billion yuan a year earlier.