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FAW Jiefang, Gotion Indonesia Materials to step up cooperation on heavy-duty truck project in Indonesia
FAW Jiefang, Gotion Indonesia Materials to step up cooperation on heavy-duty truck project in Indonesia

On December 4, FAW Jiefang, the commercial vehicle arm of FAW Group, signed a memorandum of understanding (MoU) with PT. Gotion Indonesia Materials to cement their cooperation on a heavy-duty truck project.

Dec. 11 , 2023
China’s power battery installed capacity in Nov. grows 31% YoY, 14.5% MoM
China’s power battery installed capacity in Nov. grows 31% YoY, 14.5% MoM

In November 2023, China's installed capacity of power batteries reached 44.9GWh, marking a year-on-year jump of 31% and a month-on-month growth of 14.5%, according to data by the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Dec. 11 , 2023
China’s new energy vehicle output, sales both exceed 1-million-unit mark in Nov. 2023
China’s new energy vehicle output, sales both exceed 1-million-unit mark in Nov. 2023

In November 2023, China’s automotive market sustained its momentum, benefitting from consumer waves driven by events like the "11.11" shopping festival, further escalating the demand for vehicle purchases.

Dec. 11 , 2023
China’s passenger vehicle market boasts 2-digit YoY rise in Nov. 2023 retail sales
China’s passenger vehicle market boasts 2-digit YoY rise in Nov. 2023 retail sales

In November 2023, China's domestic passenger vehicle (PV) retail sales reached 2.08 million units, marking a year-on-year jump of 26% and a month-on-month increase of 2.4%, according to data from the China Passenger Car Association ("CPCA").

Dec. 8 , 2023
China’s new energy passenger car retails surge 39.8% YoY in November
China’s new energy passenger car retails surge 39.8% YoY in November

China's new energy passenger vehicle (NEPV) market witnessed robust figures in November 2023, with wholesale sales reaching 962,000 units, which surged 31.5% year on year and rose 8.2% from the previous month, according to data provided by the CPCA.

Dec. 8 , 2023
BYD, Amazon Web Services partner to expedite global business expansion
BYD, Amazon Web Services partner to expedite global business expansion

At the re:Invent 2023 learning conference hosted by Amazon Web Services (AWS), AWS announced its collaboration with BYD, a leading global manufacturer of new energy vehicles, marking Amazon as BYD's cloud services provider.

Dec. 8 , 2023