Market & Industry
The First in China | Bynav Alice GNSS SOC Awarded ISO 26262 ASIL B Functional Safety Product Certification
The First in China | Bynav Alice GNSS SOC Awarded ISO 26262 ASIL B Functional Safety Product Certification

On September 20th, 2023, TÜV Rheinland hosted the 3rd Annual Functional Safety and Cybersecurity Technology Summit in Shanghai.

Sep. 22 , 2023
Changan Deepal achieves cumulative sales of over 100,000 units
Changan Deepal achieves cumulative sales of over 100,000 units

On September 22, Deepal, the new energy vehicle brand under Changan Automobile, announced its cumulative sales have surpassed 100,000 units in just 14 months after the launch of its first model.

Sep. 22 , 2023
China’s locally-made passenger vehicle retail sales likely to rise 3% YoY in Sept. 2023: CPCA
China’s locally-made passenger vehicle retail sales likely to rise 3% YoY in Sept. 2023: CPCA

China's domestic passenger vehicle retail sales are anticipated to reach 1.98 million units in September 2023, which should climb 3% from the previous year and climbed 3.1% from the previous month, according to the CPCA.

Sep. 22 , 2023
ARCFOX’s smart parenting vehicle KAOLA hits market, starting at 131,800 yuan
ARCFOX’s smart parenting vehicle KAOLA hits market, starting at 131,800 yuan

On September 20, ARCFOX, the premium new energy vehicle brand under BAIC Group, officially put its groundbreaking product, the KAOLA SVP (Smart Parenting Vehicle) onto the market.

Sep. 21 , 2023
NIO Capital continues investment in used car component supplier Yuan Planet
NIO Capital continues investment in used car component supplier Yuan Planet

NIO Capital recently said it will continue to support the B1 and B2 series financing rounds of the Chinese used car component supplier Yuan Planet, that are worth tens of millions of dollars, according to a press release from NIO Capital.

Sep. 21 , 2023
Yueda Automobile Group becomes shareholder of FAW Bestune
Yueda Automobile Group becomes shareholder of FAW Bestune

Bestune, the passenger vehicle brand under the renowned FAW Group, has undergone significant changes in its corporate structure, according to Chinese corporate database Tianyancha.

Sep. 21 , 2023