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SAIC Motor achieves highest-ever annual new energy vehicle sales in 2024
SAIC Motor achieves highest-ever annual new energy vehicle sales in 2024

In the new energy vehicle (NEV) sector, SAIC Motor sold 1,234,075 vehicles by wholesale last year, indicating a year-on-year growth of 9.9% and hitting a new high level.

Jan. 3 , 2025
China's vehicle inventory alert index in Dec. 2024 drops YoY, MoM
China's vehicle inventory alert index in Dec. 2024 drops YoY, MoM

In December 2024, the Inventory Alert Index for Chinese automobile dealers reached 50.2%, representing an year-on-year decrease of 3.5 percentage points and a month-on-month decline of 1.6 percentage points.

Jan. 3 , 2025
Changan KAICHENG raises over 2 billion yuan in Series A financing
Changan KAICHENG raises over 2 billion yuan in Series A financing

Changan Automobile's commercial vehicle brand KAICHENG announced on Jan. 2 it successfully raised over 2 billion yuan in its Series A funding round, marking a significant milestone in its capital market journey.

Jan. 3 , 2025
NIO's ONVO brand sells over 10,000 vehicles in Dec. 2024
NIO's ONVO brand sells over 10,000 vehicles in Dec. 2024

In December 2024, NIO’s sub-brand ONVO delivered 10,528 vehicles, marking a 107% month-on-month (MoM) spike, according to ONVO’s latest sales results.

Jan. 2 , 2025
Talent New Energy, Narada partner to advance scale application of solid-state batteries
Talent New Energy, Narada partner to advance scale application of solid-state batteries

Chinese solid-state battery company Talent New Energy recently signed a strategic cooperation agreement with Chinese energy storage technology developer Narada in solid-state battery field, according to a post on Talent New Energy’s WeChat account.

Jan. 2 , 2025
Beijing to implement autonomous vehicle-related regulations from Apr. 2024
Beijing to implement autonomous vehicle-related regulations from Apr. 2024

On December 31, 2024, the Standing Committee of the 16th Beijing Municipal People's Congress approved "Beijing Autonomous Vehicle Regulations" (hereinafter referred to as "the Regulations"), set to take effect on April 1, 2025.

Jan. 2 , 2025