Market & Industry
Tesla China issues 2024's first price reduction
Tesla China issues 2024's first price reduction

On January 12, Tesla's official Chinese website showed significant price cuts for the Model 3 and Model Y, which also stand as the US electric vehicle maker’s inaugural price adjustments for the year 2024.

Jan. 12 , 2024
Mercedes-Benz Group's 2023 China deliveries remain flat over previous year
Mercedes-Benz Group's 2023 China deliveries remain flat over previous year

Mercedes-Benz Group unveiled its sales data in China this week, revealing a cumulative delivery of approximately 765,000 new vehicles in the world's largest auto market, maintaining a level comparable to the previous year.

Jan. 12 , 2024
DEEPAL unveils images of G318 rugged off-road SUV
DEEPAL unveils images of G318 rugged off-road SUV

On January 11, Changan Automobile’s dedicated new energy vehicle brand DEEPAL released the official images of its inaugural hardcore off-road vehicle model, officially named as the G318.

Jan. 12 , 2024
BorgWarner plans to build joint venture with China’s Shaanxi Fast Auto Drive Group
BorgWarner plans to build joint venture with China’s Shaanxi Fast Auto Drive Group

BorgWarner recently inked an agreement with Shaanxi Fast Auto Drive Group, a leading Chinese supplier of commercial vehicle components specializing in transmissions and drivetrain systems, to build a joint venture.

Jan. 11 , 2024
U POWER delivers skateboard chassis, inks four international deals at CES 2024
U POWER delivers skateboard chassis, inks four international deals at CES 2024

On January 9, Chinese electric vehicle skateboard chassis developer U POWER delivered the first overseas batch of UP Super Board skateboard chassis to the American auto startup, Olympian Motors, at the CES 2024.

Jan. 11 , 2024
Leapmotor kicks off pre-sale of C10 SUV, starting at 151,800 yuan
Leapmotor kicks off pre-sale of C10 SUV, starting at 151,800 yuan

On January 10, Chinese new energy vehicle maker Leapmotor officially commenced pre-sale of its C10 model, which comes with both extended-range and battery-electric options.

Jan. 11 , 2024