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Tesla acquires land for Megapack factory construction in Shanghai
Tesla acquires land for Megapack factory construction in Shanghai

On December 22, Tesla finalized the land acquisition agreement in Shanghai, officially commencing the Tesla Megapack project in the Chinese megacity.

Dec. 22 , 2023
China’s annual locally-made passenger vehicle retail sales likely to grow 5.2% YoY in 2023: CPCA
China’s annual locally-made passenger vehicle retail sales likely to grow 5.2% YoY in 2023: CPCA

China's domestic passenger vehicle retail sales are anticipated to reach 2.27 million units in December 2023, which should grow 9.3% from the previous month and rose 4.8% from the previous year, according to the CPCA.

Dec. 22 , 2023
GAC Group aims to gain 10% YoY growth in annual auto sales of 2024
GAC Group aims to gain 10% YoY growth in annual auto sales of 2024

GAC group anticipates achieving approximately 2.513 million vehicles in both automobile production and sales for the year of 2023, marking a year-on-year growth of 1.3% and 2.7%, respectively.

Dec. 22 , 2023
CATL, SERES Group step up cooperation in super-fast charging tech, battery safety, big data
CATL, SERES Group step up cooperation in super-fast charging tech, battery safety, big data

On December 20, Chinese automaker SERES Group and power battery titan CATL officially sealed an agreement to comprehensively deepen their strategic cooperation, according to a post on SERES Group's WeChat account.

Dec. 21 , 2023
Valeo joins hands with FUCHS to co-develop thermal management solutions
Valeo joins hands with FUCHS to co-develop thermal management solutions

On December 19, French automotive supplier Valeo and FUCHS Lubricants China Ltd. signed a strategic cooperation agreement in Shashi district, Jingzhou city, establishing a long-term and comprehensive strategic partnership.

Dec. 21 , 2023
NIO hits milestone of deploying 2,300 battery swap stations across China
NIO hits milestone of deploying 2,300 battery swap stations across China

On December 21, NIO announced the official launch of its 2,300th battery swap station in China.

Dec. 21 , 2023