EV
Geely-backed LIVAN Automobile scores 54% MoM surge in Dec. 2022 sales
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 the 10,000-unit mark for the first time.

Jan. 10 , 2023
Bosch’s venture arm sets up joint venture in China for all-electric, fuel cell CV business
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 of all-electric and fuel cell commercial vehicles.

Jan. 10 , 2023
FAW Group’s Hongqi launches global new energy vehicle strategy
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. 9 , 2023
Volkswagen’s ID.7 all-electric sedan to be sold in China by two joint ventures
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. 4 , 2023
BYD, Uzavtosanoat JSC to build joint venture in Uzbekistan for new energy vehicle production
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 account.

Jan. 3 , 2023
GAC AION clocks 126% YoY hike in 2022 auto sales
GAC AION clocks 126% YoY hike in 2022 auto sales

GAC AION, the NEV (new energy vehicle)-dedicated subsidiary of GAC Group, sold 30,007 vehicles in Dec. 2022, representing a year-on-year surge of 107% and a month-on-month growth of 4.3%, according to a post on the company's WeChat account.

Jan. 3 , 2023