EV
Li Auto achieves highest-ever quarterly revenue in Q3 2023
Li Auto achieves highest-ever quarterly revenue in Q3 2023

Li Auto today reported total revenues of 34.68 billion yuan (US$4.75 billion) for the third quarter of 2023, representing a 271.2% spike compared to the same quarter last year and a 21% growth from the second quarter of 2023.

Nov. 9 , 2023
SAIC-GM-Wuling to begin presale of Wuling Xingguang sedan at Auto Guangzhou 2023
SAIC-GM-Wuling to begin presale of Wuling Xingguang sedan at Auto Guangzhou 2023

SAIC-GM-Wuling ("SGMW") said it is about to kick off presale of the Wuling Xingguang, its first new energy sedan model, at the forthcoming Auto Guangzhou 2023. The model is expected to officially hit the market in late November.

Nov. 9 , 2023
SAIC-backed SHPT joins hands with Air Products to promote commercialization of fuel cells
SAIC-backed SHPT joins hands with Air Products to promote commercialization of fuel cells

On November 8, Shanghai Hydrogen Propulsion Technology Co., Ltd. (“SHPT”), a fuel cell tech company under SAIC Motor, signed a strategic cooperation agreement with Air Products at the 6th China International Import Expo (CIIE).

Nov. 9 , 2023
China’s new energy passenger vehicle wholesales surge 30.1% YoY in October 2023
China’s new energy passenger vehicle wholesales surge 30.1% YoY in October 2023

The Chinese new energy passenger vehicle (NEPV) market continued to surge in October, registering robust growth in both wholesale sales and export figures.

Nov. 8 , 2023
Tesla so far deploys over 1,800 Supercharger stations on Chinese Mainland
Tesla so far deploys over 1,800 Supercharger stations on Chinese Mainland

On November 6, Tesla announced via its WeChat account that its Supercharger network has achieved full coverage in the Chinese Mainland's provincial capitals and municipalities.

Nov. 8 , 2023
China’s Guangdong province aims to deploy 10,000 fuel cell vehicles by 2025
China’s Guangdong province aims to deploy 10,000 fuel cell vehicles by 2025

Guangdong province aims is to promote the adoption of over 10,000 fuel cell vehicles, an annual hydrogen supply capacity exceeding 100,000 tonnes, and the establishment of more than 200 hydrogen refueling stations by 2025.

Nov. 7 , 2023