Market & Industry
China's auto output, sales encounter MoM downturn in Apr. 2023
China's auto output, sales encounter MoM downturn in Apr. 2023

In April 2023, the Chinese automotive market witnessed a significant year-on-year growth in production and sales, mainly due to the low base effect from the same period last year.

May 11 , 2023
China’s power battery installed capacity in Apr. 2023 surges YoY, but drops MoM
China’s power battery installed capacity in Apr. 2023 surges YoY, but drops MoM

In Apr. 2023, China's power battery output reached 47GWh, jumping 38.7% year on year, but dipping 8.3% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

May 11 , 2023
EVE Energy to build power battery factory in Hungary
EVE Energy to build power battery factory in Hungary

EVE Power Co., Ltd. on May 9 announced the plan to build a battery factory in Debrecen, Hungary, to supply German carmaker BMW's plant in the country with its cylindrical power batteries.

May 11 , 2023
Gasgoo Daily: Li Auto forecasts up to 196.1% YoY surge in Q2 2023 revenue
Gasgoo Daily: Li Auto forecasts up to 196.1% YoY surge in Q2 2023 revenue

With Gasgoo Daily, we will offer daily important automotive news in China.

May 10 , 2023
China to implement China VI b vehicle emission standards nationwide from July 1, 2023
China to implement China VI b vehicle emission standards nationwide from July 1, 2023

Starting from July 1, 2023, China will implement an upgraded version of vehicle emission standards, the China VI b, nationwide, according to a document released on the website of China’s Ministry of Ecology and Environment.

May 10 , 2023
SERES Auto sells 2,953 vehicles in Apr. 2023
SERES Auto sells 2,953 vehicles in Apr. 2023

In the fourth month of 2023, SERES Group, Huawei’s automaking partner, saw its monthly sales volume reach 14,731 vehicles in total, down 26.49% year over year.

May 10 , 2023