Market & Industry
Dongfeng Motor, Weifu Group launches wheel-hub-drive electric passenger vehicle
Dongfeng Motor, Weifu Group launches wheel-hub-drive electric passenger vehicle

On March 12, Dongfeng Motor and Weifu Group held the global launch ceremony for its wheel-hub-drive passenger car demonstration operation project in Wuxi, Jiangsu Province.

Mar. 14 , 2023
Xiaomi-affiliated fund invests in Chinese in-car audio solution provider ZAFEN

Shanghai ZAFEN Automotive System Co., Ltd., a Chinese in-car acoustic solution provider, recently completed its Series A+ equity financing, which was backed by Beijing Xiaomi Intelligent Manufacturing Equity Investment Fund Partnership (L.P.).

Mar. 14 , 2023
BYD breaks ground on passenger vehicle manufacturing base in Thailand
BYD breaks ground on passenger vehicle manufacturing base in Thailand

On Mar. 10, BYD celebrated the groundbreaking for its passenger vehicle (PV) production plant in Thailand, which is the Chinese automaker’s first overseas PV manufacturing base, according to a press release from BYD.

Mar. 14 , 2023
Haval’s first large-sized SUV to be all-new Haval H5
Haval’s first large-sized SUV to be all-new Haval H5

Haval, the SUV-dedicated brand of Great Wall Motor (“GWM”), announced on Mar. 9 via its WeChat account that its first large-sized SUV model will be part of the Haval H5 lineup.

Mar. 10 , 2023
China’s power battery installed capacity zooms up 60.4% YoY in Feb. 2023
China’s power battery installed capacity zooms up 60.4% YoY in Feb. 2023

In Feb. 2023, China's power battery output reached 41.5GWh, jumping 30.5% year on year, while also surging 47.1% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Mar. 10 , 2023
Gasgoo Daily: HOZON Auto’s NETA releases images of NETA GT
Gasgoo Daily: HOZON Auto’s NETA releases images of NETA GT

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

Mar. 10 , 2023