- Geely-backed LIVAN Automobile scores 54% MoM surge in Dec. 2022 sales
LIVAN Automobile, the joint venture between Geely Automobile and Lifan Technology, announced on Tuesday its monthly sales reached 11,323 units in Dec. 2022, surging 54% month on month and surpassing t...
Jan. 10 , 2023
- Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business
Robert Bosch Venture Capital GmbH has set up a joint venture in China with Boyuan Capital, Foton Motor, SinoHytec, and Shenzhen Fuyuan Zhihui Investment Partnership (L.P.) for the R&D and production o...
Jan. 10 , 2023
- FAW Group’s Hongqi launches global new energy vehicle strategy
On Jan. 8, 2023, Hongqi, the premium auto brand of FAW Group, held a grand ceremony to launch its global new energy vehicle (NEV) strategy.
Jan. 09 , 2023
- Midea-backed Welling starts production at NEV parts manufacturing base in Anqing city
Welling Auto Parts, the new energy vehicle (NEV) auto parts supplier owned by Chinese major appliance giant Midea Group, saw the first phase of its new strategic manufacturing base in Anqing city, Anh...
Jan. 06 , 2023
- Tesla lowers price of China-made Model 3 RWD to 229,900 yuan
On Jan. 6, 2023, Tesla announced the prices of the all-new Model S and the all-new Model X for the Chinese mainland, and issued a new round of price reduction for the China-made Model 3 and Model Y.
Jan. 06 , 2023
- Cumulative China deliveries of all-new smart #1 come in at 9,212 units in 2022
In Dec. 2022, smart, the BEV brand backed by Mercedes-Benz and Zhejiang Geely Holding Group, saw the monthly deliveries of the all-new smart #1 reached 4,606 units in China, surging 91.12% from the pr...
Jan. 05 , 2023
- Volkswagen’s ID.7 all-electric sedan to be sold in China by two joint ventures
At the CES 2023 held between Jan. 5 and Jan. 8, 2023 in Las Vegas, Volkswagen Group of America will display the ID.7, its first full-electric sedan built on the modular electric drive matrix (MEB).
Jan. 04 , 2023
- BYD, Uzavtosanoat JSC to build joint venture in Uzbekistan for new energy vehicle production
BYD and Uzavtosanoat JSC signed an agreement last week to establish a joint venture working on the production of new energy vehicles (NEVs) and relevant auto parts, according to a post on BYD's WeChat...
Jan. 03 , 2023
