China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, climbed 6.8 percentage points month on month in January 2024, according to the China Automobile Dealers Association ("CADA").
Feb. 1 , 2024BYD commenced the initial stage of its NEV production facility in Hungary by officially signing the Preliminary Sales and Purchase Agreement with the government of Szeged city.
Jan. 31 , 2024On January 29, the 2024 refreshed version of the FAW Toyota bZ3 officially hit the market, introducing three trim levels priced between 169,800 yuan and 199,800 yuan.
Jan. 31 , 2024SAIC-GM-Wuling ("SGMW") officially announced today its latest generation of new energy commercial vehicle (NECV)-- the Wuling Yangguang.
Jan. 31 , 2024On January 30, GAC AION celebrated the completion and commencement of operations at its Rapow Intelligent Ecological Electric Drive Plant.
Jan. 31 , 2024Chinese auto retail platform Kaixin Auto Holdings revealed on January 30 that it has formalized an intention order to export 1,000 new energy vehicles (NEVs) in collaboration with Myanmar's New Power Auto Ltd.
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