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GWM’s HAVAL puts two PHEV models from Xiaolong series onto market, starting at 139,800 yuan
GWM’s HAVAL puts two PHEV models from Xiaolong series onto market, starting at 139,800 yuan

On May 15, two plug-in hybrid electric vehicle (PHEV) models of Great Wall Motor ("GWM")-owned HAVAL’s Xiaolong new energy vehicle (NEV) series officially hit the market with a starting price of 139,800 yuan.

May 16 , 2023
Toyota’s two tech joint ventures in China put TL Power 15 fuel cell system onto market
Toyota’s two tech joint ventures in China put TL Power 15 fuel cell system onto market

The TL Power 15, the new-generation hydrogen fuel cell system co-launched by United Fuel Cell System R&D (Beijing) Co., Ltd. ("FCRD") and Toyota SinoHytec Fuel Cell Co., Ltd. (“FCTS”), has been officially put onto the market.

May 16 , 2023
Toyota, Honda, Nissan witness MoM increase in Apr. China sales
Toyota, Honda, Nissan witness MoM increase in Apr. China sales

In the fourth month of 2023, the three Japanese automakers, namely Toyota Motor, Nissan Motor, and Honda Motor all saw their monthly sales climb up month over month in the world’s largest auto market, with Toyota posting a double-digit surge.

May 15 , 2023
Ganfeng Lithium to pour 2.5 bln yuan in building lithium battery production, R&D base in Xiangyang city
Ganfeng Lithium to pour 2.5 bln yuan in building lithium battery production, R&D base in Xiangyang city

Ganfeng Lithium Group Co., Ltd. said its board of directors on May 12 approved the proposal on a new investment deal to be signed by its subsidiary, Jiangxi Ganfeng LiEnergy Tech Technology Co., Ltd.

May 15 , 2023
JAC Group's Yiwei 3 to kick off presale on May 20
JAC Group's Yiwei 3 to kick off presale on May 20

JAC Group announced that the Yiwei 3, its latest electric compact model under the new brand Yiwei, will officially hit the market on June 18.

May 15 , 2023
BYD, Weichai Power plan to co-build power battery R&D, manufacturing base
BYD, Weichai Power plan to co-build power battery R&D, manufacturing base

On May 12, BYD and Weichai Power, a Chinese leading combustion engine developer and manufacturer, signed a strategic cooperation agreement in Shenzhen, according to a post on Weichai's WeChat account.

May 15 , 2023