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BAIC Motor's Q1 2023 revenue climbs up 4.29% YoY
BAIC Motor's Q1 2023 revenue climbs up 4.29% YoY

Beijing-based major automaker, BAIC Motor Corporation Limited (BAIC Motor), reported a stable overall performance in the first quarter (Q1) of this year, with a slight increase in operating income.

May 5 , 2023
China's vehicle inventory alert index in Apr. 2023 drops YoY, MoM
China's vehicle inventory alert index in Apr. 2023 drops YoY, MoM

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, dropped 2.0 percentage points month on month in Apr. 2023, according to the China Automobile Dealers Association (CADA).

May 5 , 2023
IM Motors delivers 2,009 vehicles in Apr. 2023
IM Motors delivers 2,009 vehicles in Apr. 2023

IM Motors, the premium electric vehicle (EV) maker backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, delivered 2,009 vehicles in Apr. 2023, the automaker announced earlier this week.

May 5 , 2023
Leapmotor's April deliveries jump 41% MoM
Leapmotor's April deliveries jump 41% MoM

In the fourth month of 2023, Chinese new energy vehicle startup Leapmotor achieved a double-digit increase in auto deliveries compared to the previous month.

May 4 , 2023
NIO, NXP ally on 4D imaging radar deployment
NIO, NXP ally on 4D imaging radar deployment

NXP Semiconductors (NXP) announced on May 2 that NIO, Chinese smart new energy vehicle startup, will leverage NXP's cutting-edge automotive radar technology, including its state-of-the-art imaging radar solution.

May 4 , 2023
SAIC Motor-CP breaks ground on new industrial park in Thailand for NEV parts production
SAIC Motor-CP breaks ground on new industrial park in Thailand for NEV parts production

SAIC Motor-CP Co., Ltd. broke ground on a new industrial park in Chon Buri, Thailand to produce core auto parts related to new energy vehicles locally.

May 4 , 2023