Industry dynamics

ZXZC Daily: China overtakes Japan as world's top vehicle exporter in Q1 2023

Publishtime:2019/08/16 Views:35

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.

China overtakes Japan as world's top vehicle exporter in Q1 2023

In the first quarter of 2023, China achieved a significant milestone by surpassing Japan and Germany to claim the title of the world's largest vehicle exporter for the first time. During this period, China exported a total of 1.069 million vehicles, according to the media outlet CarNewsChina. 

ZXZC Daily: China overtakes Japan as world's top vehicle exporter in Q1 2023

Li Auto newly adds six 4C supercharging stations in China 

Li Auto announced on May 15 that six 4C supercharging stations recently went online in China. The stations are situated at the service and rest areas along the expressways in Hangzhou, Jinan, and Dongguan cities.  

HOZON Auto sets up subsidiary in Shanghai

Shanghai NETA Hezhi Business Management Co. Ltd. was incorporated recently with a registered capital of 20 million yuan. The new company is authorized to operate in such areas as business management consulting, passenger vehicle rental, software development, etc. The company is indirectly wholly-owned by HOZON Auto.

Panasonic NavInfo, Qingtian Truck partner on battery management for autonomous trucks

On May 15, Panasonic NavInfo, the mobility service joint venture between Panasonic and NavInfo, signed a framework cooperation agreement with Qingtian Truck ("Qingtian"), an autonomous driving truck solution provider, officially initiating their strategic collaboration in the field of new energy battery management for autonomous driving.

NIO sees 1,400th power swap station go live

NIO, one of the leading Chinese new energy vehicle (NEV) startups, saw its 1,400th power swap station deployed in China, officially come online, according to a post on the company’s Twitter-like Weibo account.

SAIC-GM sets up wholly-owned subsidiary involving many NEV-related businesses

SAIC General Motors ("SAIC-GM"), the joint venture between SAIC Motor and General Motors, recently build a wholly-owned subsidiary engaged in multiple businesses related to new energy vehicles (NEVs).

EVE Energy signs MoU to build cylindrical battery base in Malaysia

On May 12, EVE Energy Malaysia Sdn. Bhd., a wholly-owned subsidiary of Chinese power battery maker EVE Energy, signed a memorandum of understanding (MOU) with PEMAJU KELANG LAMA SDN.BHD. (referred to as "PKL") in Kuala Lumpur to acquire land for a factory in Malaysia.

Ganfeng Lithium to pour 2.5 bln yuan in building lithium battery production, R&D base in Xiangyang city

Ganfeng Lithium Group Co., Ltd. (Ganfeng Lithium), one of the world’s top producers of EV-used lithium, said its board of directors on May 12 approved the proposal on a new investment deal to be signed by its subsidiary, Jiangxi Ganfeng LiEnergy Technology Co., Ltd. ("Ganfeng LiEnergy").

JAC Group's Yiwei 3 to kick off presale on May 20

JAC Group announced that the Yiwei 3, its latest electric compact model under the new brand Yiwei, will officially hit the market on June 18.

BYD, Weichai Power plan to co-build power battery R&D, manufacturing base

On May 12, BYD and Weichai Power, a Chinese leading combustion engine developer and manufacturer, signed a strategic cooperation agreement in Shenzhen, according to a post on Weichai's WeChat account.

Chinese automotive SoC supplier ORITEK partners with AutoCore

On May 12, ORITEK, China's leading supplier of system-level automotive SoC chips and solutions, signed a strategic cooperation agreement with AutoCore, a developer of high-performance secure mobile intelligent computing software and solutions.