EV
China’s power battery sector faces YoY, MoM drop in Feb. 2024 output, sales, installed capacity
China’s power battery sector faces YoY, MoM drop in Feb. 2024 output, sales, installed capacity

The Spring Festival holiday impacted February's market dynamics negatively, resulting in lower production, sales, and installation capacity for power batteries.

Mar. 12 , 2024
Geely Holding, Sinopec seal deal for green energy advancements
Geely Holding, Sinopec seal deal for green energy advancements

On March 9, Zhejiang Geely Holding Group paired up with China Petrochemical Corporation ("Sinopec") in Beijing to sign a strategic partnership framework, setting the stage for an ambitious collaboration.

Mar. 12 , 2024
BYD introduces another three NEV models in UAE market
BYD introduces another three NEV models in UAE market

Recently, Chinese leading new energy vehicle (NEV) maker BYD held a product launch event in Dubai, UAE, officially introducing three new energy vehicle models to the UAE market: the BYD SEAL, SONG PLUS, and QIN PLUS.

Mar. 12 , 2024
Geely’s new energy vehicle headquarters finds home in Ningbo, Zhejiang Province
Geely’s new energy vehicle headquarters finds home in Ningbo, Zhejiang Province

Geely-affiliated Ningbo Jixing Real Estate Co., Ltd. recently secured a plot of land in the Beilun area of the Yongjiang River Science and Technology Innovation Zone in Ningbo, Zhejiang Province.

Mar. 11 , 2024
NETA Auto puts first-batch equipment for Indonesia plant in place
NETA Auto puts first-batch equipment for Indonesia plant in place

Chinese new energy vehicle maker NETA Auto announced via its WeChat account that the first batch of equipment for its car manufacturing plant in Indonesia was in place on March 6.

Mar. 8 , 2024
SAIC MAXUS sees Wuxi base’s 1 millionth vehicle roll off line
SAIC MAXUS sees Wuxi base’s 1 millionth vehicle roll off line

A momentous occasion unfolded at the SAIC MAXUS Wuxi Base as its 1 millionth vehicle, a SAIC MAXUS Territory (“Lingdi” in Chinese Pinyin) SUV, came off the assembly line on March 6, according to a press release from SAIC MAXUS.

Mar. 8 , 2024