Industry dynamics

ZXZC Daily: Tesla rebuts rumor of output reduction plan in Shanghai

Publishtime:1970-01-01 08:00:00 Views:58

With ZXZC Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Tesla rebuts rumor of output reduction plan in Shanghai

Tesla's personnel said to local media outlets that the recent talks about Tesla’s plan to slash the production volume by 20% in its Shanghai Gigafactory was untrue. 

ZXZC Daily: Tesla rebuts rumor of output reduction plan in Shanghai

Photo credit: Tesla

Guangzhou to build fuel-cell vehicle industry cluster valuing over 10 billion yuan by 2025

According to a plan issued by the new energy vehicle development work unit of Guangzhou, the city aims to preliminarily build a hydrogen energy hub with international influence in 2025. By that time, the city’s fuel-cell vehicle industry scale shall exceed 10 billion yuan. 

Dongfeng Peugeot 408X said to hit market in 2023

Spy shots of the Dongfeng Peugeot 408X model were recently leaked online. The model will be on the market in 2023 and will be produced locally in China. 

Geely sets up new energy technology company in Jiangxi Province

On December 5, Jiangxi Yiyuan New Energy Technology Co., Ltd. was established with a registered capital of 100 million yuan, according to China’s corporate database Tianyancha. The company features a line of businesses including the R&D of resource recycling technology, new energy vehicle waste power battery recycling and step utilization, common non-ferrous metal smelting, and the R&D of new material technology. The company is indirectly-owned by Geely Technology Group. 

All-new smart #1 records monthly deliveries of 2,410 units in China in Nov. 2022

In Nov. 2022, smart, the all-electric vehicle brand backed by Mercedes-Benz and Zhejiang Geely Holding Group, saw the monthly deliveries of the all-new smart #1 reach 2,410 units in China, according to a press release the automaker released on Monday.

Parkopedia, Desay SV to offer onboard easy parking services for Chinese automakers

On December 6, leading connected car services provider, Parkopedia, announced the strategic cooperation with major Chinese automotive electronics solution developer, Desay SV, in the field of intelligent parking.

Sunwoda EVB inks agreement to build NEV electronics manufacturing base in Maoming city

Sunwoda Electric Vehicle Battery Co., Ltd. ("Sunwoda EVB"), the power battery arm of Sunwoda Electronic Co., Ltd., on Dec. 2 signed an agreement with local government of Dianbai district, Maoming city, Guangdong province for the investment in an automotive electronics manufacturing base, according to a post on Sunwoda EVB's WeChat account.

BYD Dolphin all-electric car makes debut in Colombia

Chinese leading new energy vehicle (NEV) manufacturer BYD recently unveiled the Dolphin all-electric hatchback in Colombia, in partnership with the local car dealer MOTORYSA, in order to inject new impetus into Colombia's transition towards green transportation, the company said via its WeChat account.

Dongfeng Motor Corporation sees 76.2% YoY surge in Nov. new energy vehicle sales

China’s major automaker Dongfeng Motor Corporation ("Dongfeng Motor") disclosed on December 5 the monthly sales of the group’s new energy vehicles (NEVs) came in at 45,672 units in November, surging 76.2% year over year.

Foton Motor, CATL to build joint venture for power battery leasing business

BAIC Foton Motor Co., Ltd. (Foton Motor), a Beijing-headquartered commercial vehicle (CV) manufacturer majority-owned by BAIC Group, announced on Dec. 6 it intends to build a joint venture with CATL to work on power battery leasing business.