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

in EVs, with material science advancements applied to ensure longevity in high-torque applications. Eaton says the EV Truetrac has been engineered to withstand the loads of instant, high torque, while providing traction in both urban and off-road conditions. Eaton recently showed its EV Truetrac at Auto Shanghai 2025, that was held April 23-May 2. The company predicts growing demand in North America and Asia for an automatic limited-slip solution...

News  Updated at: 2025/05/17

Hozon Auto faces bankruptcy review According to information on the National Enterprise Bankruptcy Information Disclosure Platform (NEBIDP) website dated May 13, Hozon New Energy Automobile Co., Ltd. (Hozon Auto), the parent company of Neta Auto, is facing a bankruptcy review filed by Shanghai Yuxing Advertising Co., Ltd. with the Jiaxing Intermediate People’s Court of Zhejiang Province. Established on October 16, 2014, Hozon Auto, with a regist...

News  Updated at: 2025/05/16

MAS 2025: iCAUR brand makes ASEAN debut in Malaysia, iCAUR 03 set to launch in Q3 Announced on May 9, 2025, iCAUR, a new off-road NEV brand from Chery and SmartMi Tech, made its official ASEAN debut at the Malaysia Autoshow 2025. Following its global launch at Auto Shanghai 2025. Leading the lineup is the iCAUR 03, offered in 2 variants. The 2WD version delivers 135 kW and 220 Nm with a 65.7 kWh LFP battery offering up to 426 km (NEDC), while the...

News  Updated at: 2025/05/15

ew Energy passenger car wholesale volume exceeding 10,000 units in April, up 3 y/y and taking up 90.9% (92% last month) of the total volume. These manufacturers were: BYD (372,615 units), Geely (125,563 units), SAIC-GM-Wuling (75,610 units), Tesla China (58,459 units), Chery (55,023 units), Changan Auto (54,756 units), Leapmotor (41,039 units), XPeng (35,045 units), Li Auto (33,939 units), Great Wall Motor (28,809 units), Xiaomi EV (28,585 units)...

News  Updated at: 2025/05/14

Vienna Motor Symposium 2025: Garrett Motion to present latest E-Powertrain solution Garrett Motion Inc. (Garrett Motion) will present further details of its high-speed, high-power density Electric Powertrain at the 2025 Vienna Motor Symposium in Austria from May 14-16. The solution was unveiled to the public at 2025 Shanghai Auto Show. This scalable solution features electric motors up to 35,000 rpm, high switching frequency inverters, and a spec...

News  Updated at: 2025/05/13

Projects on manufacturing of SAIC models, supporting batteries settled in Lin-gang Special Area, Shanghai On April 29, Shanghai’s Lin-gang Special Area Administration (LSAA) held an agreement signing ceremony for SAIC (Shangjie in Chinese pinyin) projects with Lingang Group and SAIC Motor. This marks the settlement of projects on the manufacturing of SAIC models and supporting batteries in the Lin-gang Special Area. The LSAA signed an investmen...

News  Updated at: 2025/05/09

GlobalData blog: Auto Shanghai 2025: Can traditional ICE vehicles compete in the autonomous era? Auto Shanghai 2025, one of the major global automotive events on the calendar, is taking place from 23 April – 2 May 2025 and GlobalData are there to cut through the noise to bring you the real insight behind the biggest announcements. John Zeng (Director of Asian Forecasting) and Lancy Zhang (Powertrain Market Analyst) have shared their thoughts on...

News  Updated at: 2025/05/09