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Lifan Technology forecasts 170% YoY surge in 2022 annual net profit
Lifan Technology forecasts 170% YoY surge in 2022 annual net profit

Lifan Technology announced on Wednesday it was anticipated to record an annual net profit attributable to shareholders of around 150 million yuan ($22.126 million) in 2022, which should surge 170% compared to the previous year.

Jan. 19 , 2023
Car and City: Wuling Hongguang MINIEV scores 5.01% YoY rise in 2022 registrations
Car and City: Wuling Hongguang MINIEV scores 5.01% YoY rise in 2022 registrations

For the year of 2022, there were 410,053 Wuling Hongguang MINIEVs registered across the Chinese mainland, representing a 5.01% year-on-year growth, according to the data compiled by Gasgoo Auto Research Institute ("GARI").

Jan. 18 , 2023
XPeng expects operating profit to turn positive by 2025
XPeng expects operating profit to turn positive by 2025

XPeng aims to see its operating profit turn positive by 2025, the company’s chairman He Xiaopeng revealed at an annual review meeting this week, which was cited by a Chinese local media outlet.

Jan. 18 , 2023
CATL teams up with UL Solutions for applications of energy storage systems, power batteries
CATL teams up with UL Solutions for applications of energy storage systems, power batteries

CATL announced it signed an MoU on Jan. 17 with UL Solutions, a global leader in applied safety science, for the strategic cooperation on promoting safer and more reliable applications of battery energy storage systems and electric vehicle batteries.

Jan. 18 , 2023
Car and City: Hangzhou registers most ZEEKR 001s in 2022 among Chinese cities
Car and City: Hangzhou registers most ZEEKR 001s in 2022 among Chinese cities

ZEEKR, the premium electric vehicle (EV) brand of Geely Holding, saw the monthly registrations of its first production model, the ZEEKR 001, hit an all-time high of 11,418 units in Dec. 2022.

Jan. 18 , 2023
Horizon Robotics, GAC AION join hands to boost automotive intelligence development
Horizon Robotics, GAC AION join hands to boost automotive intelligence development

Horizon Robotics and GAC AION inked an all-around strategic cooperation agreement on January 17 regarding automotive intelligence product applications.

Jan. 18 , 2023