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Tesla raises Model Y’s price by 5,000 yuan in China
Tesla raises Model Y’s price by 5,000 yuan in China

On April 1, Tesla's official website in China revealed price increases for the Model Y lineup. The Model Y Standard Range's price has risen to 263,900 yuan, the Long Range to 304,900 yuan, and the Performance to 368,900 yuan.

Apr. 1 , 2024
Gasgoo launches statistics product related to China’s automotive new supply chain
Gasgoo launches statistics product related to China’s automotive new supply chain

On March 29, 2024, the China Automotive New Supply Chain Statistics Product Launch Conference, organized by the Gasgoo Auto Research Institute ("GARI"), was successfully held in Shanghai.

Mar. 29 , 2024
Geely's Farizon Auto, Meituan Youxuan to co-explore smart logistics in community delivery
Geely's Farizon Auto, Meituan Youxuan to co-explore smart logistics in community delivery

On March 29th, Geely's Farizon New Energy Commercial Vehicle Group ("Farizon Auto") and Shenzhen Meituan Youxuan Technology Co., Ltd. (“Meituan Youxuan”), the community group-buying platform of Meituan, reached a strategic partnership.

Mar. 29 , 2024
BYD displays full product lineup at 45th Bangkok International Motor Show
BYD displays full product lineup at 45th Bangkok International Motor Show

BYD, a global frontrunner in the new energy vehicle sector, unveiled its complete brand portfolio at the 45th Bangkok International Motor Show. This magnificent showcase underscores BYD's dedication to Thailand and the broader ASEAN market.

Mar. 29 , 2024
Geely-backed electric drive system supplier InfiMotion closes Series A financing
Geely-backed electric drive system supplier InfiMotion closes Series A financing

Chinese auto parts supplier InfiMotion Technology announced its Series A financing round had been closed on March 26. Led by China Structural Reform Fund, the fresh round raised for the company hundreds of millions of yuan.

Mar. 29 , 2024
Great Wall Motor boasts 26.12% YoY jump in 2023’s annual revenue
Great Wall Motor boasts 26.12% YoY jump in 2023’s annual revenue

Chinese automaker Great Wall Motor (“GWM”) announced on March 28 its annual revenue amounted to 173.212 billion yuan in 2023, jumping 26.12% from the previous year.

Mar. 29 , 2024