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China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, dropped 5 percentage points month on month in May 2023, according to the China Automobile Dealers Association (CADA).
Jun. 1 , 2023
In May 2023, Changan Automobile’s new energy vehicle-dedicated brand, Deepal, delivered 7,021 units of the SL03 sedan, according to the automaker’s announcement issued today.
Jun. 1 , 2023
Beijing-based automotive chip supplier KiSilicon announced on May 31 it has recently completed a funding round with over 100 million yuan raised.
Jun. 1 , 2023
Gasgoo reviewed Li Auto's first five-seater flagship smart SUV, the L7.
May 31 , 2023
NETA Auto, the Chinese new energy vehicle (NEV) maker under HOZON Auto, saw its 300,000th mass-produced vehicle roll off the production line, according to the company's press release.
May 31 , 2023
On May 30, Volkswagen Group China signed an agreement with Hefei Economic and Technological Development Area, announcing the plan to set up a wholly-owned technology company in Hefei City, capital of China's Anhui Province.
May 31 , 2023