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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
【Mar. 2023】China Passenger Vehicle Sales Analysis
【Mar. 2023】China Passenger Vehicle Sales Analysis

Affected by the "price war" in March, car companies actively adjusted their production and sales strategies, fuel vehicle sales increased slightly by 1.0% year-on-year, and increased by 24.0% month-on-month.

May 5 , 2023
GAC AION sees monthly sales exceed 40,000 units for second straight month
GAC AION sees monthly sales exceed 40,000 units for second straight month

GAC AION, the new energy vehicle (NEV) subsidiary of GAC Group, announced earlier this week its monthly sales stood at 41,012 units in Apr. 2023, rocketing 301.61% year on year, while also edging up 2.49% month on month, respectively.

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
SAIC Motor faces single-digit YoY dip in 2022 annual revenue
SAIC Motor faces single-digit YoY dip in 2022 annual revenue

SAIC Motor said its full-year gross revenue reached 744.063 billion yuan in 2022, dropping 4.59% over the previous year.

May 4 , 2023