Market & Industry
Great Wall Motor establishes Technology Center AI Lab for automotive intelligence advancement
Great Wall Motor establishes Technology Center AI Lab for automotive intelligence advancement

As artificial intelligence technology continues its relentless evolution, the automotive industry finds itself propelled to unprecedented heights of innovation. Great Wall Motor, the Chinese legacy automaker, has responded actively to the trend and s

Sep. 13 , 2023
Chery eQ7 electric SUV hits market, starting at 129,900 yuan
Chery eQ7 electric SUV hits market, starting at 129,900 yuan

On September 12, 2023, Chery officially put its Shuxiangjia pure-electric SUV onto the market. The name “Shuxiangjia” is the model’s official Chinese name, while it is also known as the Chery eQ7 in English.

Sep. 13 , 2023
Dongfeng Motor Group faces double-digit YoY downturn in August 2023
Dongfeng Motor Group faces double-digit YoY downturn in August 2023

In August 2023, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) saw a double-digit year-on-year decline in sales, according to the company’s report released on Monday.

Sep. 12 , 2023
Wuhan-based auto interior parts supplier Foresight Technology goes public
Wuhan-based auto interior parts supplier Foresight Technology goes public

On September 11, Wuhu Foresight Technology Co., Ltd., a Chinese automotive interior parts supplier headquartered in Wuhu city, saw its RMB ordinary shares listed on the ChiNext board of the Shenzhen Stock Exchange.

Sep. 12 , 2023
China’s domestic auto sales, export volume both jump YoY in August 2023
China’s domestic auto sales, export volume both jump YoY in August 2023

In the past month, China produced a total of 2.575 million vehicles, representing a 7.2% hike over the previous month and a 7.5% rise over the previous year, according to data from the China Association of Automobile Manufacturers (CAAM).

Sep. 11 , 2023
China’s power battery installed capacity in August rise 25.7% YoY, 8.2% MoM
China’s power battery installed capacity in August rise 25.7% YoY, 8.2% MoM

In August, China's production volume of power batteries and energy storage batteries totaled 73.3GWh, marking a year-on-year leap of 46.8% and a month-on-month rise of 7.4%, according to data by the CAPBIIA.

Sep. 11 , 2023