Search

China's vehicle inventory alert index in Oct. 2023 edges up MoM, but dips YoY
China's vehicle inventory alert index in Oct. 2023 edges up MoM, but dips YoY

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, edged up 0.8 percentage points month on month in October 2023, according to the China Automobile Dealers Association (“CADA”).

Nov. 2 , 2023
Schaeffler inaugurates Taicang manufacturing base’s New Energy Phase II Factory
Schaeffler inaugurates Taicang manufacturing base’s New Energy Phase II Factory

On November 1st, Schaeffler officially inaugurated the New Energy Phase II Factory of its manufacturing base in Taicang, a county-level city in China's Jiangsu province, according to the company's press release.

Nov. 2 , 2023
Plus delivers first-batch smart heavy-duty trucks to ZTO Freight
Plus delivers first-batch smart heavy-duty trucks to ZTO Freight

On October 31, 2023, ZTO Freight, the Chinese package delivery service company, received the first batch of ten intelligent heavy-duty trucks, the K7+, equipped with Plus’ autonomous driving technology.

Nov. 2 , 2023
AITO delivers 12,700 vehicles in October 2023
AITO delivers 12,700 vehicles in October 2023

AITO, the high-end new energy vehicle brand co-developed by SERES and Huawei, delivered a total of 12,700 vehicles in October 2023.

Nov. 2 , 2023
Chinese automotive chip supplier YTMicro closes B1 financing round
Chinese automotive chip supplier YTMicro closes B1 financing round

YTMicro, the Chinese automotive semiconductor supplier, recently concluded its B1 funding round, which raised for the company several hundreds of millions of yuan.

Nov. 2 , 2023
The Grand Opening of "Global Connection 2023 of Overseas Chinese Automotive Engineers"
The Grand Opening of "Global Connection 2023 of Overseas Chinese Automotive Engineers"

On October 21, 2023, at 19:00 Beijing time, the third "Global Connection of Overseas Chinese Automotive Engineers" was grandly launched online.

Nov. 2 , 2023