Articles Tagged with "EV"

NIO’s Q1 2023 revenue rises 7.7% YoY, but dips 33.5% QoQ
NIO’s Q1 2023 revenue rises 7.7% YoY, but dips 33.5% QoQ

NIO Inc., a Chinese front-runner in the high-end smart electric vehicle sector, reported a decrease in total revenues and vehicle sales for first quarter (Q1) 2023 compared to the previous quarter, but still recorded a year-on-year increase in total

Jun. 9 , 2023
Automotive OS developer Arraymo partners with chip supplier SemiDrive
Automotive OS developer Arraymo partners with chip supplier SemiDrive

Arraymo, a subsidiary of ArcherMind and developer of intelligent automotive operating systems, on June 8 signed a strategic cooperation agreement with SemiDrive, Chinese automotive chip provider.

Jun. 9 , 2023
GAC Group’s 5G V-Box development project to adopt ZTE’s auto-grade 5G module first
GAC Group’s 5G V-Box development project to adopt ZTE’s auto-grade 5G module first

GAC Institute recently announced that its 5G V-Box mass-production development project will be the first to adopt ZTE's automotive-grade 5G module.

Jun. 9 , 2023
Great Wall Motor’s monthly NEV, overseas market sales hit all-time highs in May 2023
Great Wall Motor’s monthly NEV, overseas market sales hit all-time highs in May 2023

In May this year, Great Wall Motor (“GWM”) sold 101,020 new vehicles, marking a year-on-year increase of 26.18%, according to the automaker’s press release. Its monthly sales volume has been climbing steadily since the beginning of 2023.

Jun. 6 , 2023
SAIC Motor, QingTao Energy to build joint venture for developing new-generation solid-state batteries
SAIC Motor, QingTao Energy to build joint venture for developing new-generation solid-state batteries

On May 31st, SAIC Motor and QingTao (Kunshan) Energy Development Co., Ltd. ("QingTao Energy") signed an agreement for additional investment and expansion of shares in the latter, as well as a strategic cooperation framework.

Jun. 2 , 2023
Hongqi boasts 120% YoY hike in May NEV sales
Hongqi boasts 120% YoY hike in May NEV sales

Hongqi, the premium automotive brand under FAW Group, reported prominent new energy vehicle (NEV) sales result for May 2023.

Jun. 2 , 2023