China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, edged up 0.8 percentage points month on month in October 2023, according to the China Automobile Dealers Association (“CADA”).
Nov. 2 , 2023
On November 1st, Schaeffler officially inaugurated the New Energy Phase II Factory of its manufacturing base in Taicang, a county-level city in China's Jiangsu province, according to the company's press release.
Nov. 2 , 2023
BYD Company Limited, the prominent Chinese new energy vehicle (NEV) maker, announced on Wednesday that its monthly sales reached 301,833 units in October 2023, for the first time exceeding the 300,000-unit mark.
Nov. 2 , 2023
Geely Holding Group and Baidu's joint-venture automotive robocar brand, JiYue ROBOCAR, put their first AI power all-electric ROBOCAR, the ROBOCAR JiYue 01, onto the market onto the market on October 27.
Oct. 28 , 2023
On October 26, Sunwoda Electric Vehicle Battery Co., Ltd., (“Sunwoda EVB”) and Shinko Shoji Co., Ltd., a leading Japanese industrial machinery company, signed a strategic cooperation memorandum at the Japan Mobility Show 2023
Oct. 27 , 2023
In the first three quarters of 2023 (Q1-Q3 2023), GAC Group achieved consolidated gross revenue of 98.182 billion yuan, representing a 22.17% jump year-on-year, according to the group's latest quarterly financial results released on October 26.
Oct. 27 , 2023