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ECARX achieves 50% YoY surge in Q3 2023 revenue
ECARX achieves 50% YoY surge in Q3 2023 revenue

On November 9, Geely-backed mobility technology company ECARX announced its quarterly financial report, revealing a remarkable performance for the third quarter of this year.

Nov. 13 , 2023
Dongfeng Motor introduces electric vehicle brand ‘eπ’
Dongfeng Motor introduces electric vehicle brand ‘eπ’

On November 10, Chinese automaker Dongfeng Motor Corporation (DFMC) launched its new mainstream electric technology brand, eπ, and debuted the brand's first C+ segment sedan, the eπ007.

Nov. 13 , 2023
China’s sodium-ion battery anode materials supplier Rongna New Energy closes Series A funding
China’s sodium-ion battery anode materials supplier Rongna New Energy closes Series A funding

Rongna New Energy, a Chinese supplier of hard carbon anode materials for sodium-ion batteries, recently closed the Series A financing round with tens of millions of yuan raised.

Nov. 13 , 2023
EVE Energy, SPIC Hubei Branch ally on Zero-Carbon Industrial park, energy storage
EVE Energy, SPIC Hubei Branch ally on Zero-Carbon Industrial park, energy storage

On November 8, Chinese main battery power EVE Energy Co., Ltd. ("EVE Energy") signed a strategic cooperation agreement with State Power Investment Corporation Hubei Branch ("SPIC Hubei").

Nov. 10 , 2023
China’s power battery installed capacity in Oct. grow 28.3% YoY, 7.6% MoM
China’s power battery installed capacity in Oct. grow 28.3% YoY, 7.6% MoM

In October 2023, China's installed capacity of power batteries reached 39.2GWh, marking a year-on-year jump of 28.3% and a month-on-month growth of 7.6%, according to data by the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Nov. 10 , 2023
China’s auto production, sales both achieve double-digit YoY growth in October 2023
China’s auto production, sales both achieve double-digit YoY growth in October 2023

In October 2023, automotive exhibitions and promotional activities have ignited across China. Major automakers continued to release new models, driving an increase in customer traffic to dealerships and further stimulating automotive consumption.

Nov. 10 , 2023