Market & Industry
SAIC Motor posts net profit of 2.71 billion yuan in Q1 2024
SAIC Motor posts net profit of 2.71 billion yuan in Q1 2024

On April 29, SAIC Motor released its first-quarter report for 2024, showcasing steady progress despite challenges like intensified price wars in the Chinese automotive industry.

Apr. 29 , 2024
BYD launches 5 new energy vehicle models in Qatar
BYD launches 5 new energy vehicle models in Qatar

Recently, BYD held a brand launch event in Doha, the capital of Qatar, and introduced five new energy vehicle (NEV) models, namely, the Yuan PLUS (known as the BYD ATTO 3 overseas), the Seal, the Han, the Qin PLUS DM-i, and the Song PLUS DM-i.

Apr. 29 , 2024
BYD Yangwang U8 Off-road Player Edition hits market, starting at 1.098 million yuan
BYD Yangwang U8 Off-road Player Edition hits market, starting at 1.098 million yuan

On April 25, the Yangwang U8 Off-road Player (“Wanjia” in Chinese Pinyin) Edition officially went on sale at the Auto China 2024 with a price tag of 1.098 million yuan.

Apr. 29 , 2024
Honda Motor puts e:NP2 onto market in China, to begin sales of e:NS2 in June
Honda Motor puts e:NP2 onto market in China, to begin sales of e:NS2 in June

On April 25, Honda Motor announced that the all-new e:NP2 had gone on sale from GAC Honda, and the all-new e:NS2 will go on sale from Dongfeng Honda in June 2024 after its presale kicing off on May 1.

Apr. 28 , 2024
Autoliv, Hangsheng Electronics team up to boost autonomous driving tech R&D
Autoliv, Hangsheng Electronics team up to boost autonomous driving tech R&D

Autoliv China recently announced via its official WeChat account that on April 26th, the company signed a strategic cooperation framework agreement and a joint R&D agreement with Shenzhen Hangsheng Electronics Co., Ltd. (“HSAE”).

Apr. 28 , 2024
Beijing Hyundai, CATL intend to co-develop BEV models
Beijing Hyundai, CATL intend to co-develop BEV models

On April 25, the inaugural day of the Auto China 2024, Beijing Hyundai signed a MOU with CATL to cooperate on the former's EV project, jointly developing all-electric vehicle models that caters to consumers' demands in China.

Apr. 28 , 2024