He wasn’t the only one sharing good news. Zhu Jiangming, the chief executive officer of Stellantis’ Chinese electric car partner Zhejiang Leapmotor Technology, said in a post on Wechat that Leapmotor received a record 17,000 orders in the first week of October, and thanked his staff for their efforts during the holiday.
China’s multi-pronged stimulus package helped supercharge electric vehicles sales during the week-long National Day holiday, with one manufacturer describing it as the “best Golden Week in many years”.
Zhou Jinkai, a marketing director for General Motors’s joint venture with SAIC Motor Corp. and Wuling Motors Holdings, said it was the best Golden Week for the brand in terms of sales for years. “The stock market is up, and the car market is up!” he wrote in a post on Chinese social media platform Weibo on Monday as the week-long holiday drew to a close.
