Market & Industry
CATL, Uxin to co-develop battery swapping solution for used cars
CATL, Uxin to co-develop battery swapping solution for used cars

Recently, Contemporary Amperex Energy Service Technology Ltd. (CAES), CATL's wholly-owned subsidiary, signed a cooperation agreement with Uxin, a leading e-commerce platform for buying and selling used cars in China.

Dec. 3 , 2024
ZF ramps up production capacity of EPS system in China
ZF ramps up production capacity of EPS system in China

On November 29, ZF Automotive Technologies (Shanghai) Co., Ltd., a subsidiary of ZF Group, signed an investment agreement with Shanghai Anting Economic Development Center.

Dec. 3 , 2024
FAW-Volkswagen's new Golf family hits market
FAW-Volkswagen's new Golf family hits market

On November 30, FAW-Volkswagen put the all-new Golf family onto market, offering four trim levels priced between 129,900 yuan and 209,900 yuan.

Dec. 3 , 2024
SAIC Motor boasts 19.53% YoY jump in Jan.-Nov. 2024 NEV wholesales
SAIC Motor boasts 19.53% YoY jump in Jan.-Nov. 2024 NEV wholesales

SAIC Motor recently announced on Monday that its monthly wholesale volume reached 478,767 vehicles in November 2024, sliding 7.06% over the previous year, but growing 19.13% over the previous month.

Dec. 3 , 2024
China’s vehicle inventory alert index in Nov. 2024 drops YoY to 51.8%
China’s vehicle inventory alert index in Nov. 2024 drops YoY to 51.8%

In November 2024, the China Automobile Dealers Inventory Alert Index reached 51.8%, representing an year-on-year decrease of 8.6 percentage points and a month-on-month increase of 1.3 percentage points.

Dec. 3 , 2024
SAIC Motor launches second-generation magnesium alloy case for electric drive system
SAIC Motor launches second-generation magnesium alloy case for electric drive system

On November 29, SAIC Motor R&D Innovation Headquarters officially unveiled its self-developed second-generation magnesium alloy cases for electric drive assembly, along with a three-in-one electric drive assembly equipped with this case.

Dec. 2 , 2024