Market & Industry
Bosch’s China joint venture UAES begins operation of Taicang factory’s second phase
Bosch’s China joint venture UAES begins operation of Taicang factory’s second phase

On Aug. 8, UAES and Germany's Robert Bosch GmbH, commemorated the 5th anniversary of its Taicang factory's inauguration, and officially announced the beginning of the operation at the Taicang factory's second phase.

Aug. 9 , 2023
Li Auto boasts highest-ever quarterly revenue, deliveries in Q2 2023
Li Auto boasts highest-ever quarterly revenue, deliveries in Q2 2023

Chinese new energy vehicle maker Li Auto announces its financial report for the second quarter of 2023, with record-breaking revenue and delivery volume.

Aug. 9 , 2023
China’s locally-produced passenger vehicle retail sales in July edge down both YoY, MoM
China’s locally-produced passenger vehicle retail sales in July edge down both YoY, MoM

China's passenger vehicle (PV) retail sales amounted to 1.775 million units in July 2023, edging down 2.3% from the previous year, and also declining 6.3% from the previous month, according to the China Passenger Car Association (CPCA).

Aug. 8 , 2023
JAC Group turns loss into profit in H1 2023
JAC Group turns loss into profit in H1 2023

Chinese legacy automaker JAC Group achieved an impressive turnaround in its financial performance in the first half of 2023, according to the company's interim report released on August 4.

Aug. 8 , 2023
BYD partners with Stingray to co-develop in-car Karaoke products
BYD partners with Stingray to co-develop in-car Karaoke products

On August 7, 2023, Chinese leading new energy vehicle maker BYD announced a strategic partnership with Stingray, the industry-leading music media technology company.

Aug. 8 , 2023
Honda Motor posts 2-digit YoY drop in China retail sales in July
Honda Motor posts 2-digit YoY drop in China retail sales in July

In July 2023, Honda Motor recorded a retail sales volume of 89,691 units in China, representing a 32.8% decline compared to the year-ago period, according to the company's official sales data.

Aug. 7 , 2023