Market & Industry
China’s auto export jumps 30% YoY in Jan. 2023 despite overall sales downturn
China’s auto export jumps 30% YoY in Jan. 2023 despite overall sales downturn

China produced a total of 1.594 million vehicles in January 2023, reflecting a greater than 30% fall compared to the previous month and year, respectively. At the same time, China sold 1.649 million vehicles in the past month.

Feb. 10 , 2023
Tesla China raises locally-made Model Y RWD's price by 2,000 yuan
Tesla China raises locally-made Model Y RWD's price by 2,000 yuan

Tesla recently bumped up the price of the China-made Model Y RWD version by 2,000 yuan ($290) for the world’s largest auto market, but the automaker has not explained the price rise yet, according to Tesla’s China official website.

Feb. 10 , 2023
China’s LiDAR maker Hesai Technology goes public on Nasdaq
China’s LiDAR maker Hesai Technology goes public on Nasdaq

On February 9 Beijing time, shares of Hesai Technology, China-based leading LiDAR supplier, began trading on Nasdaq (NASDAQ: HSAI), making Hesai China's first US-listed LiDAR company.

Feb. 10 , 2023
Toyota, Honda, Nissan face two-digit YoY plunge in Jan. China sales
Toyota, Honda, Nissan face two-digit YoY plunge in Jan. China sales

​In the first month of 2023, the three major Japanese automakers, namely Toyota Motor, Honda Motor, and Nissan Motor were all confronted with unsatisfactory sales results in China, especially the latter two companies.

Feb. 9 , 2023
NOVOSENSE, Road-Broad to work on wheel speed sensor localization project
NOVOSENSE, Road-Broad to work on wheel speed sensor localization project

On Feb. 8, NOVOSENSE Microelectronics announced the cooperation with Road-Broad Automotive Electronics (Qufu) Co. Ltd. on a localization project of the wheel speed sensor.

Feb. 9 , 2023
JAC Group's export volume jumps 10% YoY in Jan. 2023
JAC Group's export volume jumps 10% YoY in Jan. 2023

In January 2023, JAC Group sold 35,410 vehicles in total, representing a 31.32% drop from a year ago, according to JAC Group’s announcement on Thursday.

Feb. 9 , 2023