Industry News
SAIC’s MG Motor to produce cars locally in Egypt
MG Motor, a subsidiary of SAIC Motor, has announced plans to begin local production in Egypt, marking a significant step in its global expansion strategy. The company has signed a…
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Factbox: How many steps it takes to launch a new car in China
Launching a new car model in China involves several key steps that car companies must follow to successfully introduce their…
IM Motors closes $1.3 billion in new funding, plans to launch 4 new models in 2025
IM Motors, a Shanghai-based electric vehicle (EV) manufacturer, is gearing up to expand its model lineup in 2025 with the…
GAC Honda EV plant goes into production with annual capacity of 120,000 units
Japanese automaker Honda has made a significant stride in its electrification journey in China with the inauguration of its second…
Lynk & Co launches 2nd electric model Z20, with starting price of $19,040
Lynk & Co, a company majority owned by Zeekr (NYSE: ZK), has recently introduced its second battery electric vehicle (BEV)…
Avatr closes $1.5 billion in new funding, targets 2026 IPO
Avatr Technology has successfully closed its series C funding round, raising over RMB 11 billion ($1.5 billion) with plans to…
Dongfeng Motor enters Mexico with launch of over 10 models
Dongfeng Motor, a prominent Chinese automaker, has made its official debut in the Mexican auto market with the launch of…
CPCA expects China Dec NEV retail sales to be record 1.4 million
China is set to break records once again in the new energy vehicle (NEV) market, with retail sales of passenger…
Next Beijing auto show to be held Apr 24-May 3, 2026
The 19th Beijing International Automobile Exhibition, also known as Auto China 2026, has officially set its dates for April 24…