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Farasis Energy announces strategic realignment of investment projects
Farasis Energy announces strategic realignment of investment projects

Farasis Energy announced its decision to terminate the "High-Performance Power Lithium Battery Project" initially earmarked for its 2021 annual private placement initiative.

Aug. 10 , 2023
BYD hits 5-million-unit production milestone for new energy vehicles
BYD hits 5-million-unit production milestone for new energy vehicles

On August 9, BYD, a trailblazer in the new energy vehicle (NEV) sector, celebrated a momentous achievement as its 5 millionth NEV rolled off the assembly line, marking a significant milestone for the global automotive industry.

Aug. 9 , 2023
Tiggo 8 PRO Champion Edition hits market, starting at 126,900 yuan
Tiggo 8 PRO Champion Edition hits market, starting at 126,900 yuan

On August 8, Chery Automobile officially put the Tiggo 8 PRO Champion Edition onto the market, adding another heavyweight model to the Tiggo lineup.

Aug. 9 , 2023
BYD TANG EV hits Costa Rican market
BYD TANG EV hits Costa Rican market

Chinese leading new energy vehicle (NEV) maker BYD saw its flagship all-electric SUV, the TANG EV, officially go on sale in Costa Rica on Aug. 3, according to a post on BYD's WeChat account focusing on its overseas moves.

Aug. 9 , 2023
China’s locally-produced passenger vehicle retail sales in July edge down both YoY, MoM
China’s locally-produced passenger vehicle retail sales in July edge down both YoY, MoM

China's passenger vehicle (PV) retail sales amounted to 1.775 million units in July 2023, edging down 2.3% from the previous year, and also declining 6.3% from the previous month, according to the China Passenger Car Association (CPCA).

Aug. 8 , 2023