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China's new energy vehicle market remains robust in Mar. 2023
China's new energy vehicle market remains robust in Mar. 2023

In March alone, China produced 2.584 million vehicles in total, which jumped 27.2% over the previous month and 15.3% over the previous year, respectively, according to the China Association of Automobile Manufacturers (CAAM).

Apr. 11 , 2023
China’s power battery installed capacity jump 28.4% YoY in Q1 2023
China’s power battery installed capacity jump 28.4% YoY in Q1 2023

In Mar. 2023, China's power battery output reached 51.2GWh, jumping 26.7% year on year, while also rising 23.5% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Apr. 11 , 2023
Toyota, Honda, Nissan continue to struggle with sales slump in China in Mar. 2023
Toyota, Honda, Nissan continue to struggle with sales slump in China in Mar. 2023

The three major Japanese automakers, namely, Toyota Motor, Honda Motor, and Nissan Motor all encountered a double-digit decline in their March sales for the Chinese market compared to the same period last year.

Apr. 11 , 2023
BYD launches NEV-dedicated DiSus intelligent body control system
BYD launches NEV-dedicated DiSus intelligent body control system

BYD released the BYD DiSus Intelligent Body Control System (DiSus System) through its technology launch event held in its headquarters at Shenzhen.

Apr. 10 , 2023
FAW's Hongqi introduces HMP hybrid electric vehicle platform
FAW's Hongqi introduces HMP hybrid electric vehicle platform

On April 8, FAW Group’s wholly-owned premium auto brand Hongqi launched the hybrid HQ Modular Platform (HMP) under the "Flagship" superstructure, showcasing the latest and cutting-edge achievements of the brand in the new energy vehicle field.

Apr. 10 , 2023
Tesla to build Megapack plant in Shanghai
Tesla to build Megapack plant in Shanghai

U.S. electric vehicle (EV) manufacturer Tesla Inc. announced on Sunday it will build a new mega factory in Shanghai, which will focus on manufacturing the company’s energy storage product Megapack.

Apr. 10 , 2023