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  • China’s
    China’s Vehicle Inventory Alert Index in May 2024 up YoY, but down MoM

    The Vehicle Inventory Alert Index for Chinese auto dealers in May 2024 stood at 58.2%, representing a year-on-year increase of 2.8 percentage points and a month-on-month decrease of 1.2 percentage poi...

    June 06 , 2024

    • NETA
      NETA Auto granted financial supports from China CITIC Bank, CITIC Securities

      On June 5th, Hozon New Energy Automobile Co., Ltd., the parent company of NETA Auto, signed a comprehensive cooperation agreement with China CITIC Bank Shanghai Branch and CITIC Securities Shanghai Br...

      June 06 , 2024

      • NIO's
        NIO's third factory construction underway, set to produce cars for both NIO, ONVO brands

        NIO co-founder and president Qin Lihong revealed that NIO's third factory is located in the Xinqiao Intelligent Electric Vehicle Industrial Park in Hefei city and has recently begun construction.

        June 06 , 2024

        • Gasgoo
          Gasgoo Daily: Lynk & Co to debut first all-electric model on June 12

          With Gasgoo Daily, we will offer daily important automotive news in China.

          June 05 , 2024

          • China
            China issues implementation plan for building carbon footprint management system

            China's Ministry of Ecology and Environment, along with 14 other departments, jointly issued the "Implementation Plan for Establishing a Carbon Footprint Management System" (hereinafter referred to as...

            June 05 , 2024

            • Honda
              Honda Motor’s China retail sales dip 16.7% YoY in Jan.-May period

              On June 5th, Honda Motor announced that its retail sales in China for May 2024 totaled 66,202 vehicles, a year-on-year decrease of 34.66% and a month-on-month decline of 10.33%.

              June 05 , 2024

              • BAIC
                BAIC BluePark’s May auto sales jump 33% YoY

                On June 3, BAIC BluePark, the parent company of BAIC BJEV, released its production and sales report for May 2024. The data shows that BAIC BJEV sold 5,433 vehicles in May, marking a 33% year-on-year j...

                June 04 , 2024

                • PIA
                  PIA Automation, Freudenber team up on fuel cell system project

                  Recently, PIA Automation and Freudenberg Group entered into a collaboration agreement on high-performance hydrogen fuel cell systems.

                  June 04 , 2024

                  • Autoliv,
                    Autoliv, XPENG AEROHT partner for development of flying car technologies

                    On June 3, Autoliv China and XPENG AEROHT signed a strategic cooperation agreement in Guangzhou.

                    June 04 , 2024

                    • Great
                      Great Wall Motor sees May auto sales drop YoY, but NEV sales surge

                      Great Wall Motor ("GWM") experienced a decline in sales in May 2024, with total sales dropping to 91,460 units, a 9.51% decrease compared to the 101,073 units sold in May 2023, according to the sales ...

                      June 04 , 2024

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