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NIO’s revenue in Q3 2024 drops YoY, but rises QoQ
NIO’s revenue in Q3 2024 drops YoY, but rises QoQ

NIO reported total revenues of 18,673.5 million yuan (US$2,661.0 million) for Q3 2024, a slight decline of 2.1% compared to the same period in 2023 but a 7% increase over the previous quarter.

Nov. 21 , 2024
Gasgoo Daily: XPENG aims to achieve breakeven by late 2025
Gasgoo Daily: XPENG aims to achieve breakeven by late 2025

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Nov. 20 , 2024
Magna bags first order for DHD Duo hybrid drive system from leading Chinese automaker
Magna bags first order for DHD Duo hybrid drive system from leading Chinese automaker

On November 19, Magna announced it has received the first order for the DHD Duo dedicated hybrid drive system from a major Chinese automaker.

Nov. 20 , 2024
UTOPILOT's smart electric trucks put into commercial operations in Peru's Chancay Port
UTOPILOT's smart electric trucks put into commercial operations in Peru's Chancay Port

On November 14, local time, Chancay Port in Peru officially commenced operations, marking the start of commercial deployment for 40 fully electric intelligent trucks developed by Chinese autonomous trucking solution developer UTOPILOT.

Nov. 20 , 2024
China transports electric vehicle power batteries by railway for first time
China transports electric vehicle power batteries by railway for first time

This marks the first-ever use of railway transport for electric vehicle power batteries in China, with simultaneous departures from Sichuan, Chongqing, and Guizhou.

Nov. 20 , 2024
BYD signs agreement for building Phase IV facility of industrial park in Shenshan Special Cooperation Zone
BYD signs agreement for building Phase IV facility of industrial park in Shenshan Special Cooperation Zone

This development signifies a further boost to BYD's investment in the city.

Nov. 20 , 2024