EV
GAC Group sees YoY growth in 2023 revenue, but annual net profit drops
GAC Group sees YoY growth in 2023 revenue, but annual net profit drops

GAC Group, one of the major automobile groups in China, disclosed its financial performance for the year of 2023, showcasing a year-on-year growth in revenue, but a plunge in net profit.

Apr. 1 , 2024
Dongfeng Motor unveils Aeolus L7 SUV powered by Mach PHREV technology
Dongfeng Motor unveils Aeolus L7 SUV powered by Mach PHREV technology

On March 30, Dongfeng Motor officially unveiled the Aeolus L7, the first SUV model to be equipped with the Dongfeng Mach PHREV technology.

Apr. 1 , 2024
Dongfeng Motor launches Mach PHREV technology
Dongfeng Motor launches Mach PHREV technology

On March 30, 2024, Dongfeng Motor Corporation (hereinafter referred to as Dongfeng Motor) officially launched its Mach PHREV technology. The first model to feature this groundbreaking technology, the Dongfeng Aeolus L7, made its global debut.

Apr. 1 , 2024
BYD displays full product lineup at 45th Bangkok International Motor Show
BYD displays full product lineup at 45th Bangkok International Motor Show

BYD, a global frontrunner in the new energy vehicle sector, unveiled its complete brand portfolio at the 45th Bangkok International Motor Show. This magnificent showcase underscores BYD's dedication to Thailand and the broader ASEAN market.

Mar. 29 , 2024
Geely-backed electric drive system supplier InfiMotion closes Series A financing
Geely-backed electric drive system supplier InfiMotion closes Series A financing

Chinese auto parts supplier InfiMotion Technology announced its Series A financing round had been closed on March 26. Led by China Structural Reform Fund, the fresh round raised for the company hundreds of millions of yuan.

Mar. 29 , 2024
Joyson Electronics’ annual revenues grow 12% YoY in 2023
Joyson Electronics’ annual revenues grow 12% YoY in 2023

In 2023, Ningbo Joyson Electronic Corp. continued its robust growth across various business sectors, achieving annual revenues of roughly 55.7 billion yuan, marking a year-on-year (YoY) growth of around 12%.

Mar. 28 , 2024