Market & Industry
Leapmotor rolls off 500,000th mass-produced vehicle
Leapmotor rolls off 500,000th mass-produced vehicle

On October 17, Chinese new energy vehicle maker Leapmotor celebrated the roll-off of its 500,000th mass-produced vehicle, a Leapmotor C16 Intelligent Driving Edition, from the assembly line.

Oct. 17 , 2024
JAC Group forecasts 237.08% YoY surge in Q1-Q3 net profit
JAC Group forecasts 237.08% YoY surge in Q1-Q3 net profit

On October 15, Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Group) released its earnings forecast for the first three quarters of 2024.

Oct. 16 , 2024
BWI Group, Geely-backed KINGWAY Technology team up in intelligent chassis field
BWI Group, Geely-backed KINGWAY Technology team up in intelligent chassis field

On October 11, BWI Group and KINGWAY Technology, a subsidiary of Geely Auto focused on intelligent chassis control, signed a strategic cooperation agreement, according to a post on BWI Group's WeChat account.

Oct. 16 , 2024
China’s monthly new energy vehicle sales, production hit new high in Sept. 2024
China’s monthly new energy vehicle sales, production hit new high in Sept. 2024

Amid an increasingly complex domestic and international environment, China's economy has remained generally stable, with steady growth.

Oct. 12 , 2024
Yueda Kia scores YoY jump in Sept. 2024 vehicle sales, output
Yueda Kia scores YoY jump in Sept. 2024 vehicle sales, output

In September 2024, Yueda Kia achieved a sales volume of 21,958 vehicles, marking a year-on-year jump of 32.2%.

Oct. 12 , 2024
AVATR Technology reportedly seeks 10 billion yuan in Series C financing
AVATR Technology reportedly seeks 10 billion yuan in Series C financing

AVATR Technology is currently in the process of raising around 10 billion yuan in its Series C financing round, which will bring its post-investment valuation to over 30 billion yuan.

Oct. 12 , 2024