Sany signed contract for 80 electric container truck with Saudi Global Ports. Claims to be world's largest orders for electric container trucks. I'm not sure about that.
BYD will be setting up a factory in Cambodia for auto assembly. A little surprising, but I think this is part of their strategy going forward. They want to be in there from day 1 to set up local EV infrastructure
So far this year (from Jan to May), auto industry revenue up 7% and profits up 18% yoy. Claim of huge loss making from Chinese carmakers isn’t based on reality