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JAC Yiwei EV3 to hit market on June 16
JAC Yiwei EV3 to hit market on June 16

JAC Group's new energy vehicle-dedicated brand, Yiwei, is set to launch its first production model, the EV3 (Yiwei 3 in Chinese pinyin), on June 16.

Jun. 13 , 2023
Saudi Arabia, Human Horizons sign $5.6 billion worth of agreement to build automotive joint venture
Saudi Arabia, Human Horizons sign $5.6 billion worth of agreement to build automotive joint venture

Saudi Arabia and Chinese electric vehicle manufacturer Human Horizons have entered into a significant partnership, with the Saudi Arabian government agreeing to invest $5.6 billion in the collaboration, according to the MISA.

Jun. 13 , 2023
Chinese auto supplier Beijing West Smart Mobility raises 2 billion yuan in Series A financing
Chinese auto supplier Beijing West Smart Mobility raises 2 billion yuan in Series A financing

Beijing West Smart Mobility Zhangjiakou Automotive Electronics Co., Ltd., a Chinese supplier of automobile chassis suspension and braking systems, announced the completion of a Series A funding round that raised 20 billion yuan.

Jun. 13 , 2023
Gasgoo Daily: Saudi Arabia, Human Horizons sign $5.6 billion agreement to build automotive joint venture
Gasgoo Daily: Saudi Arabia, Human Horizons sign $5.6 billion agreement to build automotive joint venture

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Jun. 12 , 2023
Toyota, Honda, Nissan score positive YoY change in May China sales
Toyota, Honda, Nissan score positive YoY change in May China sales

​In May 2023, the three Japanese automakers, namely Toyota Motor, Nissan Motor, and Honda Motor all scored positive year-on-year growth in their monthly sales in the world’s largest auto market, China.

Jun. 12 , 2023
Sunwoda’s sodium-ion battery scheduled for volume production in Q3 2024
Sunwoda’s sodium-ion battery scheduled for volume production in Q3 2024

Sunwoda will put its sodium-ion batteries into mass production in the third quarter of 2024, according to Mr. Wang Mingwang, the founder of Sunwoda Electronic Co., Ltd., during the 2023 World Power Battery Conference on June 9.

Jun. 12 , 2023