Market & Industry
HUAWEI's auto partner ARCFOX lifts EV prices
HUAWEI's auto partner ARCFOX lifts EV prices

The high-end EV brand of BAIC Group, ARCFOX, issued a price increase on its entire product lineup on April 6th.

Apr. 7 , 2022
Joyson Electronics breaks ground on new industrial base in Hefei
Joyson Electronics breaks ground on new industrial base in Hefei

China’s auto parts supplier Joyson Electronics’ auto safety arm, Joyson Safety, has started the construction of its new industrial base in Hefei, Anhui province, the company announced on April 6th.

Apr. 7 , 2022
JMC sees 43.5% YoY jump in SUV sales in Q1 2022
JMC sees 43.5% YoY jump in SUV sales in Q1 2022

China’s automaker Jiangling Motors Corporation Group (JMC) celebrated a year-over-year growth in its SUV sales in March 2022, according to the automaker’s report on April 6th.

Apr. 6 , 2022
Honda Motor logs 33.2% YoY drop in Mar. China sales
Honda Motor logs 33.2% YoY drop in Mar. China sales

Affected by the pandemic and the auto parts supply constraints, Honda Motor (“Honda”) saw its monthly China sales tumble 33.2% year on year to 101,061 units.

Apr. 6 , 2022
CATL’s German plant green-lighted to produce battery cells
CATL’s German plant green-lighted to produce battery cells

On April 4, Contemporary Amperex Technology Thuringia GmbH was granted the second partial approval for battery cell production from the government of Thuringia, a state in east-central Germany.

Apr. 6 , 2022
China's navigation firm NavInfo partners with Honeywell
China's navigation firm NavInfo partners with Honeywell

On April 5th, China’s navigation giant NavInfo inked a strategic cooperation framework agreement with Honeywell Sensing & Control China Co., Ltd. (Honeywell) for automotive chip, autonomous driving and intelligent V2X development.

Apr. 6 , 2022