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China’s power battery installed capacity in July 2023 grows 33.3% YoY
China’s power battery installed capacity in July 2023 grows 33.3% YoY

In July, China's production volume of power batteries reached a total of 61GWh, marking a year-on-year jump of 28.9% and a month-on-month rise of 1.5%.

Aug. 10 , 2023
Farasis Energy announces strategic realignment of investment projects
Farasis Energy announces strategic realignment of investment projects

Farasis Energy announced its decision to terminate the "High-Performance Power Lithium Battery Project" initially earmarked for its 2021 annual private placement initiative.

Aug. 10 , 2023
Chery Explore 06 kicks off presale, starting at 129,900 yuan
Chery Explore 06 kicks off presale, starting at 129,900 yuan

On August 10, Chery Auto officially kicked off presale of its latest model, the Explore 06 SUV. Coming with both two-wheel-drive and two four-wheel-drive variants, the new model starts at 129,900 yuan.

Aug. 10 , 2023
Tiggo 8 PRO Champion Edition hits market, starting at 126,900 yuan
Tiggo 8 PRO Champion Edition hits market, starting at 126,900 yuan

On August 8, Chery Automobile officially put the Tiggo 8 PRO Champion Edition onto the market, adding another heavyweight model to the Tiggo lineup.

Aug. 9 , 2023
Hongqi's 3rd-Gen L4 Robotaxi sails through autonomous driving test in Beijing
Hongqi's 3rd-Gen L4 Robotaxi sails through autonomous driving test in Beijing

Hongqi, the premium automobile brand under FAW Group, announced the success of its third-generation L4 Robotaxi in the autonomous driving road test license examination conducted within the Beijing High-level Automated Driving Demonstration Area.

Aug. 9 , 2023
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