Industry News

China's February NEV sales up 584.7% year-on-year

Sales of pure electric vehicles in February were 92,000 units, up 580.0% year-on-year.

China's power battery production up 948% year-on-year in February

Ternary battery production in February was 5.1 GWh, accounting for 54.2 percent of the total, up 1,006.5 percent year-on-year and down 25.2 percent from January.

GAC Aion launches its own battery technology, becoming another carmaker after BYD to do so

GAC Aion, a Chinese new energy vehicle manufacturer, launched a new battery technology called magazine batteries on March 10, becoming another car company that produces its own batteries after BYD.

Geely's first model that supports battery swap in 60 seconds goes on sale

The Maple 80V is mainly aimed at the car-hailing industry, and Geely says it has already won the favor of several mobility platforms.

GAC Aion sells 3,239 units in February, down 56% from January

GAC Aion, GAC Group's electric vehicle brand, sold 3,239 units in February, down 56 percent from 7,356 units in January, according to data released by the group on March 8.

Huawei, GAC Aion reportedly develop next-gen smart EVs

Chinese tech giant Huawei will jointly develop next-generation smart electric vehicles with GAC Aion, with each side investing more than 100 people in R&D teams, local media reported.

China auto industry's chip supply disruption risk to melt away, association says

The CPCA believes that the shortage of production of passenger cars due to chip shortages does not amount to direct losses.

China's most popular EV sells 17,307 units in February, down 53 % from January

China's hottest-selling model, the Hongguang Mini EV, sold 17,307 units in February, down 53 percent from January.

Short video platform Kuaishou to sell Wuling Hongguang Mini EVs at discounted price

TikTok's local competitor Kuaishou announced on March 7 that it has partnered with SAIC-GM-Wuling to sell limited-edition Wuling Hongguang Mini EVs at a discounted price.

Geely sells 2,539 NEVs in February, down 40 percent from January

Geely Auto Group's new energy and electrified vehicles sold 6,828 units in the first two months of the year, down 63.78 percent from 11,183 in the same period last year.
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