Market & Industry
Ford China appoints Ai Xiaoming as President of Changan Ford
Ford China appoints Ai Xiaoming as President of Changan Ford

Ford China announced on May 6, 2024 that Mr. Ai Xiaoming has officially assumed the position of President of Changan Ford, reporting to the Board of Directors of Changan Ford.

May 6 , 2024
Huawei’s Harmony Intelligent Mobility Alliance delivers 29,632 vehicles in Apr.
Huawei’s Harmony Intelligent Mobility Alliance delivers 29,632 vehicles in Apr.

Huawei's smart selection alliance, HIMA (Harmony Intelligent Mobility Alliance), delivered a total of 29,632 new vehicles in April, according to HIMA’s announcement on May 1.

May 6 , 2024
Chery Holding boasts 43.7% YoY surge in Apr. auto sales
Chery Holding boasts 43.7% YoY surge in Apr. auto sales

Chinese automaker Chery Holding sold 182,049 vehicles in April, representing a year-on-year surge of 43.7%. Among them, 89,377 units were sold in overseas markets, rising 18.3% from a year ago.

May 6 , 2024
GAC Group inaugurates first overseas CKD factory
GAC Group inaugurates first overseas CKD factory

On April 29, GAC Motor and WTC Automotif (M) Sdn Bhd (“WTCA”) held a ceremony to commemorate the completion and commencement of production at the Segambut CKD factory located in Malaysia.

Apr. 30 , 2024
REPT, Powin ink framework agreement on 12GWh energy storage cell project
REPT, Powin ink framework agreement on 12GWh energy storage cell project

On April 29, REPT BATTERO Energy Co., Ltd. ("REPT"), a Chinese power battery supplier, inked a framework agreement with Powin LLC ("Powin"), a global energy storage platform provider, as the former intends to supply the latter with 12GWh Wending 320A

Apr. 30 , 2024
GAC Group posts YoY growth in Q1 2024 gross margin
GAC Group posts YoY growth in Q1 2024 gross margin

On April 26, GAC Group released its quarterly report for the first quarter (Q1) of 2024.

Apr. 30 , 2024