Market & Industry
Infineon to supply Xiaomi EV with power semiconductors
Infineon to supply Xiaomi EV with power semiconductors

Automotive semiconductor supplier Infineon on May 6 announced that it reached an agreement with Xiaomi EV to supply advanced power semiconductors to the carmaker by 2027.

May 8 , 2024
Changan Automobile sees 15.47% YoY rise in Apr. sales
Changan Automobile sees 15.47% YoY rise in Apr. sales

On May 7, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) announced that its monthly sales volume reached 210,133 vehicles in April, which jumped 15.47% year over year.

May 8 , 2024
Gasgoo Daily: NIO so far deploys 2,411 battery swap stations
Gasgoo Daily: NIO so far deploys 2,411 battery swap stations

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

May 7 , 2024
Official website of NIO’s ONVO mass-market car brand goes online
Official website of NIO’s ONVO mass-market car brand goes online

On May 6, the official website of ONVO (“乐道” in Chinese), a mainstream family car-oriented brand of NIO, was officially launched, featuring the message "Stay tuned for the first model, L60".

May 7 , 2024
China's vehicle inventory alert index climbs MoM, but drops YoY in Apr. 2024
China's vehicle inventory alert index climbs MoM, but drops YoY in Apr. 2024

In April 2024, China's Vehicle Inventory Alert Index (VIA), which reflects the inventory pressure on automobile dealers, stood at 59.4%, indicating a year-on-year decrease of 1 percentage points but a month-on-month increase of 1.1 percentage points.

May 7 , 2024
GWM’s monthly overseas sales hit new high in Apr. 2024
GWM’s monthly overseas sales hit new high in Apr. 2024

Great Wall Motor (GWM) announced on May 6 it sold a total of 94,796 new vehicles in April 2024.

May 7 , 2024