Market & Industry
Changan Shenlan delivers over 10,000 SL03 sedans in Dec. 2022
Changan Shenlan delivers over 10,000 SL03 sedans in Dec. 2022

Changan Automobile’s new energy vehicle-dedicated brand, Shenlan, witnessed its monthly deliveries surpass 10,000 vehicles in the last month of 2022, the automaker announced on January 2.

Jan. 4 , 2023
Shanghai’s Jiading district to house automotive metaverse industrial base
Shanghai’s Jiading district to house automotive metaverse industrial base

Jiading district, Shanghai city will see an automotive metaverse industrial base built with a long-run industrial scale expected to surpass 100 billion yuan ($14.51 billion).

Jan. 4 , 2023
NIO Capital invests in battery recycling firm Ruilong Tech
NIO Capital invests in battery recycling firm Ruilong Tech

NIO Capital recently led the Series A financing of Ruilong Tech, a Chinese battery recycling company, according to a post on NIO Capital's WeChat account. The fresh funding is expected to raise for the company hundreds of millions of yuan.

Jan. 4 , 2023
SERES Group’s annual NEV sales shoot up 225.9% YoY in 2022
SERES Group’s annual NEV sales shoot up 225.9% YoY in 2022

SERES Group, Huawei’s automaking partner previously known as Chongqing Sokon Industry Group, witnessed a substantial growth in its new energy vehicle (NEV) sales in 2022.

Jan. 3 , 2023
GAC Toyota’s annual production, sales volumes both surpass 1 million units in 2022
GAC Toyota’s annual production, sales volumes both surpass 1 million units in 2022

In 2022, GAC Toyota, the joint venture between GAC Group and Toyota Motor, for the first time saw its annual output and sales both exceed 1 million units.

Jan. 3 , 2023
Huawei-backed AITO delivers over 75,000 vehicles in 2022
Huawei-backed AITO delivers over 75,000 vehicles in 2022

AITO, the auto brand backed by Huawei and SERES, celebrated another month with over 10,000 vehicles delivered.

Jan. 3 , 2023