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NIO and CYVN Holdings Announce New R&D and Business Initiatives

NIO and CYVN Holdings sign a strategic cooperation agreement to establish an advanced R&D center and joint venture in the Middle East, promoting innovative technologies and business expansion.

laoyaoba · 2024-10-09

China Auto Daily丨 CITIC Securities Forecasts Bullish 2025 for China Automotive Industry

A GEVA study finds less than 1% of electric vehicle owners would revert to fuel cars, while CITIC Securities predicts automotive industry growth in 2025, and XPeng reconsiders its chip strategy due to delays.

cls · 2024-12-17

China Auto Daily丨IM Motors: Preparing for L3 Autonomous Driving by 2026

Shenzhen establishes its Intelligent Connected Transportation Association, while key industry players, including IM Motors and Changan Automobile, announce updates on autonomous driving technologies and financial performances. Smart #5, equipped with advanced AI chips, hits the market.

cls · 2024-10-29

China Auto Daily丨Great Wall Motors to Invest Further in Thai Market

In October, China’s NEV wholesale sales hit 1.4 million units, marking a 58% year-on-year increase. Great Wall Motors and Denza expanded their operations in Thailand, while Tesla's China sales soared by 41%. Tencent and Bosch deepen strategic partnerships for smart driving technology.

China Automotive News · 2024-11-05