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SVOLT’s subsidiary teams up with Miracle Automation on battery raw materials recycling
SVOLT’s subsidiary teams up with Miracle Automation on battery raw materials recycling

Tengqingqing Recycling Resources (Shangrao) Co., Ltd., a wholly-owned subsidiary of Chinese power battery maker SVOLT, and Miracle Automation announced the establishment of a 51/49 JV to conduct cooperation on recycling of battery raw materials.

Feb. 10 , 2023
Mercedes-Maybach’s initial PHEV model to be sold in Chinese market first
Mercedes-Maybach’s initial PHEV model to be sold in Chinese market first

Mercedes-Maybach this week launched its first plug-in hybrid electric vehicle (PHEV) model, the Mercedes‑Maybach S 580 e, which is scheduled to hit the Chinese market in 2023 initially.

Feb. 10 , 2023
Gasgoo Daily: BYD Qin PLUS DM-i ‘Champion’ version hits market
Gasgoo Daily: BYD Qin PLUS DM-i ‘Champion’ version hits market

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Feb. 10 , 2023
China’s auto export jumps 30% YoY in Jan. 2023 despite overall sales downturn
China’s auto export jumps 30% YoY in Jan. 2023 despite overall sales downturn

China produced a total of 1.594 million vehicles in January 2023, reflecting a greater than 30% fall compared to the previous month and year, respectively. At the same time, China sold 1.649 million vehicles in the past month.

Feb. 10 , 2023
Tesla China raises locally-made Model Y RWD's price by 2,000 yuan
Tesla China raises locally-made Model Y RWD's price by 2,000 yuan

Tesla recently bumped up the price of the China-made Model Y RWD version by 2,000 yuan ($290) for the world’s largest auto market, but the automaker has not explained the price rise yet, according to Tesla’s China official website.

Feb. 10 , 2023
China’s LiDAR maker Hesai Technology goes public on Nasdaq
China’s LiDAR maker Hesai Technology goes public on Nasdaq

On February 9 Beijing time, shares of Hesai Technology, China-based leading LiDAR supplier, began trading on Nasdaq (NASDAQ: HSAI), making Hesai China's first US-listed LiDAR company.

Feb. 10 , 2023