- China’s power battery installed capacity in Jan. 2024 shoots up 100.2% YoY, but falls 32.6% MoM
In January 2024, China's installed capacity of power batteries reached 32.3GWh, marking a year-on-year spike of 100.2%, but showing a month-on-month decrease of 32.6%.
Feb. 08 , 2024
- China’s new energy passenger car sales in Jan. surge YoY but fall MoM: CPCA
China's new energy passenger vehicle (NEPV) market showcased impressive growth in January, with production and wholesale figures soaring year on year. However, month-on-month data reflected a slight d...
Feb. 08 , 2024
- BYD teams up with ARVAL to boost NEV introduction in Europe
BYD and ARVAL, a wholly-owned subsidiary of BNP Paribas, recently signed a Memorandum of Understanding (MoU), officially establishing a strategic partnership.
Feb. 07 , 2024
- Volkswagen, XPENG’s co-developed car model set for production in 2026
Volkswagen Group (China) announced on Feb. 5 that the new Volkswagen-branded car model jointly developed with Chinese new energy vehicle maker XPENG is set to be put into production in Hefei city in 2...
Feb. 07 , 2024
- Great Wall Motor scores 69.06% YoY leap in Jan. 2024 auto sales
In January, Great Wall Motor ("GWM") reported robust sales performance, with a total of 104,030 new vehicles sold, marking a remarkable year-on-year increase of 69.06%.
Feb. 07 , 2024
- ARCFOX’s EV charging network spans 333 cities in China
BAIC Group’s premium new energy vehicle brand ARCFOX disclosed data of its annual electric vehicle (EV) charging network deployment in 2023, which now covers 31 provincial-level administrative regio...
Feb. 07 , 2024
- NIO Capital raises over 3 billion yuan in 2nd RMB fund
NIO Capital announced on Feb. 5 it has already achieved the successful closure of its second RMB fund, securing more than CNY 3 billion.
Feb. 06 , 2024
- Honda Motor sees China retail sales soar 57.3% YoY in Jan. 2024
Honda Motor reported this week a retail sales volume of 100,960 vehicles for its China market for the month of Jan. 2024, which surged 57.3% year on year, but plunged 39.1% month on month.
Feb. 06 , 2024
