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China-made Mercedes-Benz EQE hits market, starting at 528,000 yuan
China-made Mercedes-Benz EQE hits market, starting at 528,000 yuan

Beijing Benz Automotive Co., Ltd. (BBAC), the joint venture brand by BAIC Group and Mercedes Benz, saw the China-made all new pure-electric EQE model officially hit the market on August 24th.

Aug. 25 , 2022
Huawei-backed AITO kicks off delivery of M7
Huawei-backed AITO kicks off delivery of M7

AITO, the new energy vehicle brand backed by SERES and Huawei, delivered its first M7s on August 24th in Chongqing and Shenzhen, only 51 days after the model hit the market.

Aug. 25 , 2022
NIO sees ET5’s first pre-production vehicles roll off line
NIO sees ET5’s first pre-production vehicles roll off line

The first batch of the NIO ET5's pre-production vehicles has rolled off the assembly line at NIO’s second advanced manufacturing center.

Aug. 25 , 2022
DENZA D9 hits market, starting at 329,800 yuan
DENZA D9 hits market, starting at 329,800 yuan

DENZA, a premium auto brand majority-owned by BYD, saw its all-new MPV model "D9" officially hit the market on August 23. Coming with seven trim levels, the DENZA D9 features a price range of 329,800 yuan to 459,800 yuan ($48,080-$67,040).

Aug. 24 , 2022
Joyson Electronics turns loss into profit in Q2 2022
Joyson Electronics turns loss into profit in Q2 2022

China’s leading automotive electronics supplier Joyson Electronics successfully turned its loss into a profit in the second quarter of 2022, according to the company’s financial statement released on August 23rd.

Aug. 24 , 2022
CATL sees H1 2022 net profit surge 82.17% YoY
CATL sees H1 2022 net profit surge 82.17% YoY

CATL announced this week its revenue reached 112,971,257,900 yuan ($16.489 billion) for the first half of 2022 (“H1 2022”) thanks to the growth in its business scale, surging 156.32% from the previous year.

Aug. 24 , 2022