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Sunwoda EVB to build power battery factory in Hungary
Sunwoda EVB to build power battery factory in Hungary

Sunwoda EVB will invested approximately 1.9 billion yuan through its subsidiary, Hungary Sunwoda EVB, in establishing a new energy vehicle (NEV) battery plant's first phase in Hungary.

Aug. 9 , 2023
Changan Automobile sees 3.4% YoY rise in July sales
Changan Automobile sees 3.4% YoY rise in July sales

Chinese legacy automaker Chongqing Changan Automobile Co., Ltd., ("Changan Automobile") announced on August 8 that it sold 207,743 vehicles in July 2023, indicating a 3.4% edge up year over year.

Aug. 9 , 2023
JAC Group exports over 100,000 vehicles in Jan.-Jul. 2023
JAC Group exports over 100,000 vehicles in Jan.-Jul. 2023

In the seventh month of this year, Chinese automaker JAC Group saw a double-digit rise in monthly sales compared to a year ago, according to the company’s report released on Tuesday.

Aug. 9 , 2023
Li Auto boasts highest-ever quarterly revenue, deliveries in Q2 2023
Li Auto boasts highest-ever quarterly revenue, deliveries in Q2 2023

Chinese new energy vehicle maker Li Auto announces its financial report for the second quarter of 2023, with record-breaking revenue and delivery volume.

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