EV
China’s power battery installed capacity in Jan. 2024 shoots up 100.2% YoY, but falls 32.6% MoM
China’s power battery installed capacity in Jan. 2024 shoots up 100.2% YoY, but falls 32.6% MoM

In January 2024, China's installed capacity of power batteries reached 32.3GWh, marking a year-on-year spike of 100.2%, but showing a month-on-month decrease of 32.6%.

Feb. 8 , 2024
China’s new energy passenger car sales in Jan. surge YoY but fall MoM: CPCA
China’s new energy passenger car sales in Jan. surge YoY but fall MoM: CPCA

China's new energy passenger vehicle (NEPV) market showcased impressive growth in January, with production and wholesale figures soaring year on year. However, month-on-month data reflected a slight decline.

Feb. 8 , 2024
BYD teams up with ARVAL to boost NEV introduction in Europe
BYD teams up with ARVAL to boost NEV introduction in Europe

BYD and ARVAL, a wholly-owned subsidiary of BNP Paribas, recently signed a Memorandum of Understanding (MoU), officially establishing a strategic partnership.

Feb. 7 , 2024
NIO Capital raises over 3 billion yuan in 2nd RMB fund
NIO Capital raises over 3 billion yuan in 2nd RMB fund

NIO Capital announced on Feb. 5 it has already achieved the successful closure of its second RMB fund, securing more than CNY 3 billion.

Feb. 6 , 2024
Honda Motor sees China retail sales soar 57.3% YoY in Jan. 2024
Honda Motor sees China retail sales soar 57.3% YoY in Jan. 2024

Honda Motor reported this week a retail sales volume of 100,960 vehicles for its China market for the month of Jan. 2024, which surged 57.3% year on year, but plunged 39.1% month on month.

Feb. 6 , 2024
SERES inaugurates super factory, delivers first batch AITO M9 SUVs to users
SERES inaugurates super factory, delivers first batch AITO M9 SUVs to users

On February 5, in Chongqing city, Chinese automaker SERES saw its super factory complete construction and start operation. In the meantime, the first batch of the AITO M9 vehicles were delivered to users.

Feb. 6 , 2024