EV
GAC AION scores 85% YoY spike in Jan.-Oct. 2023 sales
GAC AION scores 85% YoY spike in Jan.-Oct. 2023 sales

For the first ten months of 2023, GAC Group’s cumulative sales amounted to 392,489 units, zooming up 85% compared to the same period a year earlier.

Nov. 2 , 2023
China's vehicle inventory alert index in Oct. 2023 edges up MoM, but dips YoY
China's vehicle inventory alert index in Oct. 2023 edges up MoM, but dips YoY

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, edged up 0.8 percentage points month on month in October 2023, according to the China Automobile Dealers Association (“CADA”).

Nov. 2 , 2023
Schaeffler inaugurates Taicang manufacturing base’s New Energy Phase II Factory
Schaeffler inaugurates Taicang manufacturing base’s New Energy Phase II Factory

On November 1st, Schaeffler officially inaugurated the New Energy Phase II Factory of its manufacturing base in Taicang, a county-level city in China's Jiangsu province, according to the company's press release.

Nov. 2 , 2023
CATL puts first phase of Guizhou power, energy storage battery base into operation
CATL puts first phase of Guizhou power, energy storage battery base into operation

On October 27, CATL held a ceremony to celebrate the inauguration of its power and energy storage battery manufacturing base in Gui'an New Area, Guizhou province, according to the battery maker's press release.

Oct. 30 , 2023
Geely, Baidu put AI-enabled ROBOCAR JiYue 01 onto market, starting at 249,900 yuan
Geely, Baidu put AI-enabled ROBOCAR JiYue 01 onto market, starting at 249,900 yuan

Geely Holding Group and Baidu's joint-venture automotive robocar brand, JiYue ROBOCAR, put their first AI power all-electric ROBOCAR, the ROBOCAR JiYue 01, onto the market onto the market on October 27.

Oct. 28 , 2023
Sunwoda EVB partners with Shinko Shoji to in Japanese industrial machinery field
Sunwoda EVB partners with Shinko Shoji to in Japanese industrial machinery field

On October 26, Sunwoda Electric Vehicle Battery Co., Ltd., (“Sunwoda EVB”) and Shinko Shoji Co., Ltd., a leading Japanese industrial machinery company, signed a strategic cooperation memorandum at the Japan Mobility Show 2023

Oct. 27 , 2023