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China’s power batteries installed capacity in H1 2023 leaps 38.1% YoY
China’s power batteries installed capacity in H1 2023 leaps 38.1% YoY

In June, China's production volume of power batteries reached a total of 60.1GWh, marking a year-on-year spike of 45.7% and a month-on-month increase of 6.3%, according to data by the China Automotive Power Battery Industry Innovation Alliance.

Jul. 11 , 2023
Dongfeng Motor Group faces double-digit YoY drop in June auto sales
Dongfeng Motor Group faces double-digit YoY drop in June auto sales

In June 2023, Dongfeng Motor Group Company Limited (Dongfeng Motor Group) faced a 25.68% year-on-year decline in monthly sales, which stood at 179,119 vehicles.

Jul. 11 , 2023
Geely, Renault to build 50/50 joint venture for R&D, production of advanced powertrains
Geely, Renault to build 50/50 joint venture for R&D, production of advanced powertrains

Geely Holding Group and Geely Automobile Holdings Limited (hereinafter referred to as "Geely") have signed a binding joint venture agreement with Renault Group in a 50:50 partnership, Geely Holding announced on July 11.

Jul. 11 , 2023
BYD, GS Global co-deliver first T4K electric truck to user in South Korea
BYD, GS Global co-deliver first T4K electric truck to user in South Korea

On July 7, BYD, in collaboration with GS Global, the overseas trading arm of South Korea's GS Group, officially delivered its electric 1-ton-class truck T4K to its first customer in South Korea, marking the entry into the formal delivery phase.

Jul. 11 , 2023
China’s locally-produced passenger vehicle retail sales edge up 2.7% in H1 2023
China’s locally-produced passenger vehicle retail sales edge up 2.7% in H1 2023

China's passenger vehicle (PV) retail sales amounted to 1.894 million units in June 2023, edging down 2.6% from the previous year, but rising 8.7% from the previous month, according to the China Passenger Car Association (CPCA).

Jul. 10 , 2023
Geely’s Farizon Auto delivers first 1,000 units of Xingxiang V6E minivan’s overseas edition
Geely’s Farizon Auto delivers first 1,000 units of Xingxiang V6E minivan’s overseas edition

On July 7, 2023, Farizon Auto, a brand under Geely New Energy Commercial Vehicle Group, held a ceremony to deliver the first 1,000 units of the Xingxiang V6E minivan’s overseas edition.

Jul. 10 , 2023