Market & Industry
China's passenger car wholesales reach record high in Nov. 2024
China's passenger car wholesales reach record high in Nov. 2024

In November 2024, the retail sales of passenger vehicles in China reached 2.423 million units, representing a 16.5% increase year-on-year and a 7.1% rise month-on-month.

Dec. 9 , 2024
GAC International inaugurates Brazil office
GAC International inaugurates Brazil office

On December 4, GAC International marked a major milestone in its global expansion with the opening of its Brazil office in São Paulo, the largest city in the country.

Dec. 9 , 2024
COSCO SHIPPING, SIPG to increase investment in SAIC Anji Logistics
COSCO SHIPPING, SIPG to increase investment in SAIC Anji Logistics

On December 6, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING), Shanghai International Port (Group) Co., Ltd. (SIPG) signed a capital injection agreement with SAIC Anji Logistics.

Dec. 9 , 2024
CATL's subsidiary CAES, CITIC Financial Leasing sign agreement to co-develop battery swapping ecosystem
CATL's subsidiary CAES, CITIC Financial Leasing sign agreement to co-develop battery swapping ecosystem

On December 4, Contemporary Amperex Energy Service Technology Ltd. (CAES), a wholly-owned subsidairy of CATL, signed a strategic cooperation agreement with CITIC Financial Leasing Co., Ltd., a financial leasing platform wholly owned by CITIC Bank.

Dec. 7 , 2024
Second-generation HAVAL H9's diesel-powered edition hits market, starting at 233,900 yuan
Second-generation HAVAL H9's diesel-powered edition hits market, starting at 233,900 yuan

On December 5, HAVAL, the SUV-dedicated brand under Great Wall Motor (GWM), officially put the second-generation HAVAL H9's diesel-powered edition onto the market.

Dec. 7 , 2024
Jinbei, Farizon Auto's first collaborative NEVs roll off production line
Jinbei, Farizon Auto's first collaborative NEVs roll off production line

On December 5, Shenyang Jinbei Automotive Company Limited (Jinbei) and Geely's Farizon New Energy Commercial Vehicle Group (Farizon Auto) held a conference.

Dec. 7 , 2024