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Magna inaugurates new manufacturing facility in Changchun city for EV battery shell project
Magna inaugurates new manufacturing facility in Changchun city for EV battery shell project

On May 21, 2024, Magna, a global leading auto part supplier and mobility technology company, announced the expansion of its manufacturing facility in Changchun to support a new contract for EV battery shells with a premium German automaker.

May 23 , 2024
NIO, Széchenyi István University Foundation intend to team up in energy-related key fields
NIO, Széchenyi István University Foundation intend to team up in energy-related key fields

On May 21, NIO signed a strategic cooperation memorandum with the Széchenyi István University Foundation, Széchenyi István University, and the Hungarian Motorsport and Green Mobility Development Agency, according to NIO's press release.

May 23 , 2024
GAC AION puts AION Y Plus model onto Malaysian market
GAC AION puts AION Y Plus model onto Malaysian market

On May 21, GAC AION's AION brand made a remarkable appearance at the Malaysia Autoshow 2024, with its popular AION Y Plus model hitting the Malaysian market, according to a post on GAC AION's WeChat account.

May 23 , 2024
XPENG's gross margin reaches 12.9% in Q1 2024
XPENG's gross margin reaches 12.9% in Q1 2024

On May 21, Chinese electric vehicle maker XPENG released its financial results for the first quarter (Q1) of 2024, reporting total revenue of 6.55 billion yuan, which zoomed up 62.3% year on year.

May 22 , 2024
Chery Auto puts Fulwin T9 PHEV onto market, starting at 129,900 yuan
Chery Auto puts Fulwin T9 PHEV onto market, starting at 129,900 yuan

On May 21, Chery Auto officially launched the Fulwin T9, a plug-in hybrid electric mid-size SUV, with prices ranging from 129,900 yuan to 169,900 yuan for four different variants.

May 22 , 2024
Gasgoo Daily: XPENG posts YoY surge, but QoQ slump in Q1 2024 revenue
Gasgoo Daily: XPENG posts YoY surge, but QoQ slump in Q1 2024 revenue

With Gasgoo Daily, we will offer daily important automotive news in China.

May 21 , 2024