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Changan Automobile posts 3.29% YoY rise in May sales
Changan Automobile posts 3.29% YoY rise in May sales

Chinese automaker Changan Automobile reported a slight year-on-year growth in its May sales figures, according to the latest production and sales report released on June 7.

Jun. 7 , 2024
GAC Energy, NIO Energy forge partnership to share EV charging network
GAC Energy, NIO Energy forge partnership to share EV charging network

On June 7, GAC Energy Technology Co., Ltd. ("GAC Energy") and Wuhan NIO Energy Co., Ltd. ("NIO Energy") officially established a partnership for the interconnection of their electric vehicle (EV) charging networks.

Jun. 7 , 2024
NIO’s Q1 2024 revenue drops YoY, but gross profit surges YoY
NIO’s Q1 2024 revenue drops YoY, but gross profit surges YoY

Despite the revenue downturn, NIO achieved a gross profit of 487.7 million yuan (US$67.6 million) in Q1 2024, a substantial 200.5% increase from the same quarter last year.

Jun. 7 , 2024