Market & Industry
China’s locally-made passenger vehicle retail sales likely to rise 1.8% YoY in 2022: CPCA
China’s locally-made passenger vehicle retail sales likely to rise 1.8% YoY in 2022: CPCA

China's full-year passenger vehicle (PV) retail sales reached 20.7 million units in 2022, edging up 1.8% from the previous year, according to preliminary statistics data given by the China Passenger Car Association (CPCA) on Wednesday.

Jan. 5 , 2023
ARCFOX’s KAOLA sub-brand to launch first baby care EV on Jan.9
ARCFOX’s KAOLA sub-brand to launch first baby care EV on Jan.9

On January 4, ARCFOX’s sub-brand, KAOLA, disclosed via its Weibo account its first production vehicle model, which falls in the innovative baby care mobility category, will make its debut on January 9.

Jan. 5 , 2023
Dongfeng Motor’s annual auto export volume hit new high in 2022
Dongfeng Motor’s annual auto export volume hit new high in 2022

Dongfeng Motor Corporation (DFMC”DFM" or "Dongfeng Motor") on January 4 disclosed several highlights in its 2022 annual performance, especially in wholly-owned brands’ sales, new energy vehicle (NEV) sales, and export.

Jan. 5 , 2023
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