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GWM, BMW’s joint venture Spotlight Automotive to qualify for complete vehicle production
GWM, BMW’s joint venture Spotlight Automotive to qualify for complete vehicle production

Spotlight Automotive Ltd., the 50/50 joint venture between GWM and BMW Group, has been included in MIIT's announcement, indicating that it is about to get the governmental qualification for vehicle manufacturing.

Dec. 12 , 2023
Newlink NaaS, FLEETIN, GAC Energy team up on EV charging service network development
Newlink NaaS, FLEETIN, GAC Energy team up on EV charging service network development

Chinese charging service provider Newlink NaaS ("NAAS") recently joined hands with its strategic partner, FLEETIN, to collaborate with GAC Energy, a subsidiary of GAC Group.

Dec. 12 , 2023
China raises technology requirements for new energy vehicles to qualify for purchase tax reduction and exemption
China raises technology requirements for new energy vehicles to qualify for purchase tax reduction and exemption

China adjusted technical requirements for new energy vehicle eligible for reducition and exemption of vehicle purchase taxes.

Dec. 12 , 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
DiDi-backed KargoBot secures strategic investment from Horizon Robotics
DiDi-backed KargoBot secures strategic investment from Horizon Robotics

On December 11, DiDi Autonomous Driving-backed KargoBot autonomous trucking company announced a strategic investment from Horizon Robotics.

Dec. 11 , 2023