Market & Industry
Porsche inaugurates new R&D center in China to accelerate local innovation, market responsiveness
Porsche inaugurates new R&D center in China to accelerate local innovation, market responsiveness

On November 5, 2025, Porsche officially opened its new China R&D Center in Shanghai's Hongqiao business district, marking a major milestone in its "In China, for China" strategy.

Nov. 6 , 2025
Schaeffler signs deal to sell China-based turbocharger business
Schaeffler signs deal to sell China-based turbocharger business

On Nov. 4, Schaeffler Group signed an agreement to sell its China-based turbocharger business to Chengdu Xiling Power Science & Technology Incorporated Company ("Xiling").

Nov. 6 , 2025
BYD's 2026 Xia MPV hits market with extended battery-powered range
BYD's 2026 Xia MPV hits market with extended battery-powered range

On Nov. 4, BYD officially put the 2026 version of the Xia mid-to-large plug-in hybrid MPV onto the market. The refreshed model is available in four trims priced between 206,800 yuan and 269,800 yuan.

Nov. 5 , 2025
SAIC Motor posts 12.96% YoY growth in Oct. 2025 vehicle sales, NEV sales hit record high
SAIC Motor posts 12.96% YoY growth in Oct. 2025 vehicle sales, NEV sales hit record high

SAIC Motor reported robust sales for October 2025, with total vehicle wholesales reaching 453,978 units, up 12.96% year-on-year.

Nov. 4 , 2025
Great Wall Motor posts record October sales of 143,078 units, up 22.5% YoY
Great Wall Motor posts record October sales of 143,078 units, up 22.5% YoY

On Nov. 1, Chinese automaker Great Wall Motor (GWM) reported its best-ever October sales performance, with 143,078 vehicles sold, up 22.5% year-on-year.

Nov. 4 , 2025
Volvo Cars celebrates 500,000th vehicle production milestone at Tāizhōu plant
Volvo Cars celebrates 500,000th vehicle production milestone at Tāizhōu plant

Volvo Cars' Tāizhōu manufacturing plant recently rolled its 500,000th vehicle off the production line — a milestone marked by the production of an all-new Volvo XC70 vehicle.

Oct. 31 , 2025