Li Auto, SEVB to establish JV According to a Shanghai Municipal Administration for Market Regulation (SMAMR) press release dated September 19, Beijing Li Auto Co., Ltd. (Li Auto) signed an agreement on the establishment of a joint venture (JV) with Sunwoda Mobility Energy Technology Co., Ltd. (SEVB). The 50:50 JV between the two companies will mainly be engaged in the production, manufacturing, and sales of EV lithium-ion power batteries. From a...

News  Updated at: 2025/09/24

iCaur 03 e-SUV officially goes on sale in Malaysia, starting at MYR 119,800 On September 9, 2025, iCaur officially launched the 03 electric SUV in Malaysia, offered in two variants: the 2WD and iWD, priced from MYR 119,800 and MYR 129,800, respectively.  Originally expected to launch as the Jaecoo J6 during its showcase at the 2024 Malaysia Autoshow, the model carries different names in various markets. The iCaur name, unveiled at Auto Shanghai ...

News  Updated at: 2025/09/10

Desay SV launches new brand for auto-grade low-speed driverless vehicles Huizhou Desay SV Automotive Co., Ltd. (Desay SV) launched a new brand for low-speed driverless vehicles with high stability, reliability, adaptability, efficiency, and intelligence levels in Shanghai. Making their debut at the launch event were two variants of the S6 low-speed driverless vehicle. The S6 series is designed with the concepts of safety, reliability, and durabil...

News  Updated at: 2025/09/10

Shanghai Huizhong to acquire 5.2957% of DIAS Shanghai Huizhong Automotive Manufacturing Co., Ltd. (Shanghai Huizhong), a wholly-owned subsidiary of Huayu Automotive Systems Co., Ltd. (HASCO), plans to acquire a 5.2957% stake of six shareholders, including Beijing Horizon Robotics Technology R&D Co., Ltd. , in DIAS Automotive Electronic Systems Co., Ltd. (DIAS) for no more than CNY 155 million. Upon completion of the transaction, Shanghai Huizho...

News  Updated at: 2025/08/29

Seres Auto acquires 48.54% of equity in Jinkang Powertrain for CNY 663 million On August 16, Seres Group announced on the Shanghai Stock Exchange (SSE) that Seres Automobile Co., Ltd. (Seres Auto) acquired 48.54% of the equity in Chongqing Jinkang Powertrain New Energy Co., Ltd. (Jinkang Powertrain), a holding subsidiary, held by Chongqing Science City Urban Operation Group Co., Ltd., a minority shareholder of the company, for CNY 663 million thr...

News  Updated at: 2025/08/19

GAC Group permits GAC Aion to invest additional CNY 600 million capital in Farwon Auto On August 13, GAC Group announced on the Shanghai Stock Exchange (SSE) that it permitted GAC Aion, a holding subsidiary, to invest an additional CNY 600 million capital in Farwon Automotive Technology (Guangzhou) Co., Ltd. (Farwon Auto). Upon completion of the capital increase, GAC Group will directly hold 71.43% of Farwon Auto’s equity interests and, through...

News  Updated at: 2025/08/15

ic and conventional models, such as the MG4 EV, ZS EV, and S5 EV, achieving 5-star ratings from Euro NCAP and ASEAN NCAP.  MG equips its vehicles with the MG Pilot driver assistance suite, passive safety systems, and multi-layer EV battery protection.  At the 2025 Gaikindo Indonesia International Auto Show (GIIAS), MG showcased two global models: (i) the MG S5 EV, next-generation electric SUV built on the Modular Scalable Platform (MSP) offerin...

News  Updated at: 2025/08/07

the building of a new Gigafactory in the country. However, after that initial excitement, progress stalled.In early 2024, the Indian government launched a special Battery Electric Vehicle (BEV) program called the Scheme to Promote Manufacturing of Electric Passenger Cars (SMEC). This program allows automakers to initially import BEVs with a reduced duty, decreasing from a range of 70-100% to just 15% within a limited quota, provided that particip...

News  Updated at: 2025/07/31

New cooperative project between SKF, Fuyao Group settled in Jiading, Shanghai A Jiading District press release showed that a new cooperative project between SKF and Fuyao Glass Industry Group Co., Ltd. (Fuyao Group) was signed and settled in Anting Town, Jiading District, Shanghai. SKF will establish an Asia-Pacific automobile headquarters in Anting with a total investment amount of over USD 100 million, aiming to make its automotive operations ...

News  Updated at: 2025/07/22

Chery establishes new company for AI, auto parts operations According to multiple press releases dated July 16, Shanghai Cosme Automotive Technology Co., Ltd. (Cosme Tech), a wholly-owned subsidiary of Chery Automobile Co., Ltd. (Chery), was established. With a registered capital of CNY 80 million, Cosme Tech is engaged in areas such as R&D of automotive parts, R&D of mechanical equipment, development of AI application software, development of AI...

News  Updated at: 2025/07/18

2025 China Auto Forum officially opened On July 10, the 2025 China Auto Forum was officially opened in Jiading, Shanghai. The event will end on July 12. With the theme of “Enhance Quality, Embrace Innovation, and Win the Future with Intelligence”, the 2025 China Auto Forum has 15 sessions and a number of activities, including 1 closed-door summit, 1 conference forum, 1 technology leader summit, 12 thematic forums, and a thematic exhibition. A...

News  Updated at: 2025/07/14

Chinese NEVs speed up global push, yet challenges remain According to a China EV100 press release dated June 26, industry insiders, including Xiaohong SUN, secretary general of the China Chamber of Commerce for Import and Export of Machinery and Electronic Products, delivered speeches on New Energy Vehicle (NEV) exports at the Global New Energy Vehicle Cooperation and Development (Shanghai) Forum 2025. Mr. SUN stated that based on China’s 2024 ...

News  Updated at: 2025/07/01

SAIC Motor, CATL establish power system company According to multiple press releases dated June 26, United Auto Power System (Shanghai) Co., Ltd. was recently established, with a registered capital of CNY 50 million. The new company is wholly owned by United Auto Battery System Co., Ltd., which is a 51:49 joint venture between SAIC Motor Investment Management Co., Ltd., a subsidiary of SAIC Motor Corp., Ltd. (SAIC Motor), and Contemporary Amperex...

News  Updated at: 2025/06/27

Changan Auto executive deems polarization of auto sales in China to be intensifying According to multiple press releases dated June 18, Xiaoyu ZHANG, executive vice president of Chongqing Changan Automobile Co., Ltd. (Changan Auto), delivered a keynote speech at the Mobile World Congress 2025 (MWC25 Shanghai), pointing out that Chinese automobile brands are demonstrating unprecedentedly strong momentum in the global market, and that the Chinese a...

News  Updated at: 2025/06/27

SemiDrive, Rohm co-develop reference design for X9SP SoC Beijing SemiDrive Technology Co., Ltd. (SemiDrive) developed the REF68003 reference design for intelligent cockpits with Rohm Co., Ltd. (Rohm). REF68003 is mainly developed for X9SP, a SemiDrive intelligent cockpit SoC (system-on-a-chip) that uses Rohm PMICs (power management integrated circuits) and was exhibited at the Auto Shanghai 2025. Having been validated by SemiDrive, REF68003 makes...

News  Updated at: 2025/06/27

Seres Auto absorbs CNY 5 billion strategic investment On June 25, Seres Group announced on the Shanghai Stock Exchange (SSE) that Seres Auto, a holding subsidiary, introduced several strategic investors and completed the registration procedures for registered capital changes on June 23. The investors are nine companies, contributing an additional investment of CNY 5 billion in total. The capital increase helps enhance Seres Auto’s capital stren...

News  Updated at: 2025/06/26

tablished 4 joint ventures and 2 technical agreements between its local vendors and key suppliers from Geely’s network to strengthen the local supply chain and enhance vendor capabilities. For (i) ADAS development, Proton’s supplier Delloyd Technology Bhd has formed a joint venture with Imotion Automotive Technology (Suzhou) Co Ltd (known for supplying Geely, Zeekr, Chery, and Volvo) to support the AMA01 project. This confirms that the upcomi...

News  Updated at: 2025/06/26

Chery to make Indonesian debut of new sub-brand Lepas at GIIAS 2025 Reported on June 19, 2025, PT Chery Sales Indonesia (CSI) revealed at a Jakarta press conference that Chery Group’s new sub-brand "Lepas" will be introduced at the 2025 Gaikindo Indonesia International Auto Show (GIIAS), taking place from July 24 to August 3. Originally introduced by Chery International at Auto Shanghai 2025, Lepas targets young, style-conscious consumers and d...

News  Updated at: 2025/06/24

t notice on its social media page, hinting at the upcoming launch of the Nammi 06 SUV and 007 sedan in Malaysia. These two models are expected to join the Box (formerly known as the Nammi 01), currently the only Dongfeng passenger vehicle available locally, priced at around MYR 100,000. Unveiled at Auto Shanghai 2025, the Nammi 06 offers a CLTC driving range of up to 471 km. Meanwhile, the 007 sedan, which debuted in 2024 as the eπ 007 under Don...

News  Updated at: 2025/06/10

Baolong Auto, Weifu Group establish JV for fully active suspension systems Shanghai Baolong Automotive Corporation (Baolong Auto) and Weifu High-Technology Group Co., Ltd. (Weifu Group) announced that their subsidiaries co-invested CNY 400 million in establishing a joint venture (JV) to develop the automotive fully active suspension system market. The JV, tentatively named Weifu Baolong Technology Co., Ltd., will develop and mass produce motor p...

News  Updated at: 2025/05/22