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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 , 2023On 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 , 2023On 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 , 2023AITO, 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 , 2023YTMicro, the Chinese automotive semiconductor supplier, recently concluded its B1 funding round, which raised for the company several hundreds of millions of yuan.
Nov. 2 , 2023On October 21, 2023, at 19:00 Beijing time, the third "Global Connection of Overseas Chinese Automotive Engineers" was grandly launched online.
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