EV
Geely Holding boasts 22% YoY leap in 2024 full-year automobile sales
Geely Holding boasts 22% YoY leap in 2024 full-year automobile sales

Zhejiang Geely Holding Group ("Geely Holding") announced via its WeChat account that its annual automobile sales volume jump 22% year on year (YoY) to 3,336,534 units in 2024.

Jan. 8 , 2025
FAW Group's Hongqi Tiangong 08 SUV model goes on sale, starting at 239,800 yuan
FAW Group's Hongqi Tiangong 08 SUV model goes on sale, starting at 239,800 yuan

On January 7, FAW Group's Hongqi brand officially put the Tiangong 08, an all-electric mid-to-large SUV model, onto the market, offering five trim levels priced between 239,800 yuan and 339,800 yuan.

Jan. 8 , 2025
NIO so far deploys over 3,000 battery swapping stations in China
NIO so far deploys over 3,000 battery swapping stations in China

On January 3, NIO announced the launch of its 3,000th battery swapping station in China, which is located in Harbin. On the same day, other new stations were inaugurated in Wenzhou, Shangrao, Dongguan, Shaoxing, and Nanchang cities.

Jan. 7 , 2025
SGMW rolls off first locally produced MAGIC BATTERY in Indonesia
SGMW rolls off first locally produced MAGIC BATTERY in Indonesia

On December 31, 2024, Wuling's first locally produced EV (electric vehicle) battery, the MAGIC BATTERY, successfully rolled off the production line in Indonesia.

Jan. 7 , 2025
Schaeffler sets up wholly-owned subsidiary in China for hydrogen-related businesses
Schaeffler sets up wholly-owned subsidiary in China for hydrogen-related businesses

The new subsidiary will focus on the R&D, and production of hydrogen energy-related technologies and products, offering hydrogen energy solutions to end-users across various application scenarios.

Jan. 7 , 2025
Geely Holding Group eyes annual vehicle sales topping 5 million units by 2027
Geely Holding Group eyes annual vehicle sales topping 5 million units by 2027

By 2027, Geely Holding aims to achieve over 5 million vehicles of annual sales.

Jan. 7 , 2025