Industry News
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EVE Energy inaugurates seven regional headquarters at one go
Chinese battery supplier EVE Energy marked a significant milestone in its global expansion with the inauguration of its headquarters in Beijing and regional headquarters in various parts of China, as well as the Asia-Pacific region and Southeast Asia. The establishment of these seven regional hea...Read more -
NETA Auto Unveils Incorporation of Hesai Technology’s AT128 LiDAR in New Vehicle Model
Chinese LiDAR manufacturer Hesai Technology has announced a significant collaboration upgrade with NETA Auto, the new energy vehicle maker under Hozon Auto. The partnership aims to integrate Hesai Technology’s cutting-edge 128-line ultra-high-definition LiDAR, AT128, into NETA Auto’s ...Read more -
BYD launches HAN all-electric model in the UAE market
BYD, the renowned Chinese electric vehicle manufacturer, has recently inaugurated its latest flagship showroom in Dubai. This milestone was celebrated alongside the introduction of BYD’s HAN BEV model, marking its entry into the UAE market. The grand opening event was announced through a pr...Read more -
GAC Energy, Alipay ally on EV charging, battery swapping, energy operation, marketing businesses
GAC Energy Technology Co., Ltd. (GAC Energy) and Alipay (Hangzhou) Information Technology Co., Ltd. (Alipay) have joined hands in a strategic cooperation, as announced during a signing ceremony on November 17, 2023. The collaboration aims to explore various innovative ventures across multiple sec...Read more -
GWM, Douyin Group ally on big data, digital marketing, large model applications
Great Wall Motor (GWM) and Douyin Group, a subsidiary of ByteDance, have joined hands in a strategic cooperation agreement signed in Beijing on November 13. This partnership is set to revolutionize the automotive industry with its focus on big data, cloud infrastructure, and intelligent integrati...Read more -
NETA Auto signs agreement with BNP Paribas for cooperation in auto financing field
Chinese new energy vehicle maker NETA Auto and BNP Paribas, the prominent French bank, have recently announced a strategic collaboration in the field of automotive finance. The two companies sealed the deal by signing a memorandum of understanding (MoU) in Shanghai on October 12. According to a p...Read more -
CATL, Zhaoqing city forge partnership in new energy applications, green power development fields
The municipal government of Zhaoqing city, located in Guangdong province, has recently signed a comprehensive cooperation agreement with China’s power battery giant, Contemporary Amperex Technology Co. Limited (CATL). This strategic partnership will encompass a wide range of initiatives, in...Read more -
BYD introduces two new editions of DOLPHIN BEV in Brazil
BYD, the leading Chinese electric vehicle manufacturer, continues to expand its reach in international markets with the introduction of two new additions to its DOLPHIN lineup in Brazil. The new models, the BYD DOLPHIN PLUS and the BYD DOLPHIN DIAMOND, aim to provide Brazilian consumers with a wi...Read more -
FAW-Volkswagen partners with Alibaba Cloud to drive digital transformation in the auto industry
FAW-Volkswagen, one of China’s major automotive manufacturers, has joined forces with Alibaba Cloud, the cloud computing arm of Alibaba Group, to forge a strategic partnership. The goal of this collaboration is to leverage their resources and expertise in the field of automotive intelligenc...Read more -
VOYAH deepens collaboration with Tencent for smart mobility advancement
Beijing-based VOYAH, the premium new energy vehicle brand under Dongfeng Motor, has announced a strategic cooperation agreement with Chinese IT giant Tencent. This partnership aims to bring about a new era of digital innovation and smart mobility, and is set to encompass various domains. One key...Read more -
China’s locally-made passenger vehicle retail sales likely to rise 3% YoY in Sept. 2023: CPCA
According to the China Passenger Car Association (CPCA), retail sales of domestic passenger vehicles (PV) in China are predicted to reach 1.98 million units in September 2023. This would mark a 3% increase compared to the previous year and a 3.1% increase compared to the previous month. The Chine...Read more -
GAC Capital intends to build fund for intelligent connected new energy vehicle industry development through partnerships
GAC Capital, in partnership with the Guangzhou Industrial Investment Fund of Funds (FoF) and Bank of China Asset Management, announced its plans to establish the Guangzhou Intelligent Connected New Energy Vehicle Industry Development Fund during a signing ceremony held on September 19. This grou...Read more