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SAIC-GM to launch new-gen integrated vehicle architecture, smart driving platform in 2025
SAIC-GM to launch new-gen integrated vehicle architecture, smart driving platform in 2025

On January 13, 2025, SAIC General Motors (SAIC-GM), the joint venture between SAIC Motor and General Motors, hosted a media briefing to outline its strategic priorities for the new year.

Jan. 15 , 2025
Great Wall Motor expects annual net profit to surge up to 85.14% in 2024
Great Wall Motor expects annual net profit to surge up to 85.14% in 2024

Great Wall Motor Company Limited anticipates a net profit attributable to shareholders of 12.4 billion yuan to 13 billion yuan for 2024, marking a year-on-year surge of 76.6% to 85.14%.

Jan. 15 , 2025
IM Motors, Global Car-Sharing & Rental team up on offering car rental services
IM Motors, Global Car-Sharing & Rental team up on offering car rental services

IM Motors and Global Car-Sharing & Rental Co. Ltd. recently signed a comprehensive strategic cooperation agreement, with plans to jointly deploy nearly 1,000 premium new energy vehicles under the IM brand across China's car rental market.

Jan. 15 , 2025
Battery recycling solution provider Cyclewell Technologies bags over 100 million yuan in Series A funding
Battery recycling solution provider Cyclewell Technologies bags over 100 million yuan in Series A funding

On January 10, Ganzhou Cyclewell Technology Co., Ltd. (Cyclewell Technologies), a Chinese lithium battery recycling solution provider, announced the completion of its Series A funding, which raised for the company over 100 million yuan.

Jan. 14 , 2025
Huawei begins commercial pilot operation of valet parking driver function at Shenzhen airport
Huawei begins commercial pilot operation of valet parking driver function at Shenzhen airport

On January 13, the pilot operation of the automated valet parking service, alongside a technical seminar on the large-scale application of autonomous parking, organized by Huawei and SUTPC, was officially launched.

Jan. 14 , 2025
China's annual power battery installation volume shoots up 41.5% in 2024
China's annual power battery installation volume shoots up 41.5% in 2024

For the full year, China's power battery installations totaled 548.4 GWh, soaring 41.5% from a year earlier.

Jan. 14 , 2025