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  • CATL
    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 pres...

    Oct. 30 , 2023

    • Geely,
      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 2...

      Oct. 28 , 2023

      • Sunwoda
        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...

        Oct. 27 , 2023

        • GAC
          GAC Group scores 2-digit YoY growth in Q1-Q3 2023 revenue

          In the first three quarters of 2023 (Q1-Q3 2023), GAC Group achieved consolidated gross revenue of 98.182 billion yuan, representing a 22.17% jump year-on-year, according to the group's latest quarter...

          Oct. 27 , 2023

          • SAIC
            SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period

            SAIC Motor announced on Thursday that its gross revenue reached roughly 196.787 billion yuan in the third quarter (Q3) of this year, sliding 6.92% from the previous year.

            Oct. 27 , 2023

            • SVOLT
              SVOLT bags 7.5 billion yuan worth of credit line from multiple banks

              On October 25, Chinese power battery supplier SVOLT Energy Technology Co., Ltd. (“SVOLT”) signed an agreement with a group of banks, who agreed to grant SVOLT a credit line worth 7.5 billion yuan.

              Oct. 26 , 2023

              • NIO
                NIO Capital invests in Chinese smart auto closure solution supplier INGIN Technology

                INGIN Technology, a Chinese smart closure solution provider for automobiles, recently announced the successful completion of its Series C+ financing round, which raised for the company nearly 100 mill...

                Oct. 26 , 2023

                • CATL,
                  CATL, Zhongcheng Dayou forge partnership on energy storage project

                  CATL recently signed a strategic cooperation agreement with Zhongcheng Dayou to co-work on an energy storage project, according to a press release the power battery giant issued on October 25.

                  Oct. 26 , 2023

                  • Gasgoo
                    Gasgoo Daily: China’s monthly automobile exports reach around 500,000 units in Sept. 2023

                    With Gasgoo Daily, we will offer daily important automotive news in China.

                    Oct. 25 , 2023

                    • FAW
                      FAW Jiefang, Huawei cement cooperation in AI, intelligent driving, intelligent cockpit

                      FAW Jiefang and Huawei Technologies stepped up their strategic partnership by signing an MoU that involves the cooperation in such fields as AI, intelligent driving, and intelligent cockpit.

                      Oct. 25 , 2023

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