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China's passenger vehicle retail sales forecasted to grow YoY despite MoM drop: CPCA
China's passenger vehicle retail sales forecasted to grow YoY despite MoM drop: CPCA

China's passenger vehicle retail sales are estimated to reach 1.25 million units in February 2024, reflecting a 13.6% year-on-year (YoY) growth but a 30.3% decline from January, according to the preliminary data from the CPCA.

Feb. 21 , 2025
BYD India secures new order of electric bus chassis from India's bus maker OGL
BYD India secures new order of electric bus chassis from India's bus maker OGL

On February 20 (Beijing Time), BYD India inked a deal with its Indian partner Olectra Greentech Ltd. ("OGL"), a leading electric bus manufacturer in the country, for an order of 2,000-unit electric bus chassis.

Feb. 21 , 2025
CATL, Volkswagen step up cooperation in battery, auto parts R&D, new materials applications
CATL, Volkswagen step up cooperation in battery, auto parts R&D, new materials applications

CATL announced on Feb. 21 that it has signed a strategic cooperation memorandum with Volkswagen Group China, in a bid to further deepen their collaboration in lithium battery R&D, new material applications, and component development for NEVs.

Feb. 21 , 2025
Geely Galaxy's Xingyao 8 PHEV revealed in MIIT's catalogue
Geely Galaxy's Xingyao 8 PHEV revealed in MIIT's catalogue

On February 19, the latest filings from China's Ministry of Industry and Information Technology ("MIIT") revealed the Geely Galaxy's Xingyao 8, a new plug-in hybrid electric sedan renamed from the Galaxy E8.

Feb. 20 , 2025
2025 Mercedes-Benz S-Class hits Chinese market
2025 Mercedes-Benz S-Class hits Chinese market

On February 19, 2025, Mercedes-Benz officially put the 2025 S-Class model onto the Chinese market. The new lineup continues to offer five variants powered by 2.5T and 3.0T inline-six engines across three performance levels, with prices ranging from 9

Feb. 20 , 2025
NEOLIX completes C+ financing round with 1 billion yuan raised
NEOLIX completes C+ financing round with 1 billion yuan raised

Chinese L4 unmanned commercial-use vehicle developer NEOLIX has successfully completed a 1-billion-yuan C+ round financing, supported by several logistics giants and financial investors including China International Capital Corporation (CICC).

Feb. 20 , 2025