News
Honda Motor posts 22% YoY drop in China sales in H1 2023
Honda Motor posts 22% YoY drop in China sales in H1 2023

In June 2023, Honda Motor sold 113,133 vehicles to consumers in China, representing a 19.8% year-on-year decrease, according to the Japanese automaker's press release.

Jul. 5 , 2023
SAIC Motor, NIO Capital invest in ConvenientPower Semiconductor
SAIC Motor, NIO Capital invest in ConvenientPower Semiconductor

ConvenientPower Semiconductor (ConvenientPower), a leading player in the field of wireless charging management chips, recently announced the successful completion of a strategic financing round, raising hundreds of millions of yuan.

Jul. 5 , 2023
Chery Resources, JCNE team up on retired power battery recycling
Chery Resources, JCNE team up on retired power battery recycling

On July 2, Shenzhen Jiecheng Nickel-Cobalt New Energy Technology Co., Ltd. (“JCNE”) and Wuhu Chery Resources Technology Co., Ltd. (“Chery Resources”), a subsidiary of Chery Holding, forged a strategic partnership.

Jul. 5 , 2023
FlagChip, Shanghai Edrive, Zhicong Technology join forces to drive localization of electric drive controllers
FlagChip, Shanghai Edrive, Zhicong Technology join forces to drive localization of electric drive controllers

FlagChip, Shanghai Edrive, and Zhicong Technology signed a strategic cooperation framework agreement on June 29. The three parties aim to deepen their collaboration in the automotive field.

Jul. 5 , 2023
SAIC Motor, Aulton to co-work on promoting battery swappable taxis in Xishuangbanna
SAIC Motor, Aulton to co-work on promoting battery swappable taxis in Xishuangbanna

Jinghong Jingyun Transportation Development Investment Co., Ltd., SAIC Motor Passenger Vehicle Branch, and Xishuangbanna Aulton New Energy Technology Co., Ltd. have signed a tripartite memorandum of understanding.

Jul. 5 , 2023
Luxshare Precision, GAC Group set up auto technology joint venture
Luxshare Precision, GAC Group set up auto technology joint venture

Recent disclosures from Chinese corporate database Qichacha reveal the establishment of Lisheng Auto Tech (Guangzhou) Co., Ltd., under the legal representation of Wen Jun, with a registered capital of 500 million yuan.

Jul. 5 , 2023