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China's auto output, sales encounter MoM downturn in Apr. 2023
China's auto output, sales encounter MoM downturn in Apr. 2023

In April 2023, the Chinese automotive market witnessed a significant year-on-year growth in production and sales, mainly due to the low base effect from the same period last year.

May 11 , 2023
China Chengtong Ecology to recycle power batteries from WM Motor’s NEVs
China Chengtong Ecology to recycle power batteries from WM Motor’s NEVs

On May 10, Chinese new energy vehicle startup WM Motor and China Chengtong Ecology Ltd. (CCTE) signed a framework agreement to forge a strategic partnership, according to a post on CCTE's WeChat account.

May 11 , 2023
China’s power battery installed capacity in Apr. 2023 surges YoY, but drops MoM
China’s power battery installed capacity in Apr. 2023 surges YoY, but drops MoM

In Apr. 2023, China's power battery output reached 47GWh, jumping 38.7% year on year, but dipping 8.3% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

May 11 , 2023
Baidu, Shanghai Jiading District team up to build smart digitalized city
Baidu, Shanghai Jiading District team up to build smart digitalized city

Baidu signed a strategic cooperation agreement with Shanghai's Jiading District government on May 10.

May 11 , 2023
Changan Automobile boasts 57.23% YoY leap in Apr. 2023 sales
Changan Automobile boasts 57.23% YoY leap in Apr. 2023 sales

In April 2023, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) posted a double-digit year-on-year surge in monthly sales.

May 11 , 2023
Li Auto sees both quarterly revenue, deliveries hit new high in Q1 2023
Li Auto sees both quarterly revenue, deliveries hit new high in Q1 2023

Chinese new energy vehicle startup Li Auto announced its first-quarter 2023 financial results on May 10, revealing record-high quarterly revenue and delivery volume.

May 11 , 2023