Category: China

Huawei-backed Aito says new M7 gets over 100,000 firm orders in less than 3 months from launch

The production capacity target for the new Aito M7 has been raised to an average of 700 units per day, with a maximum annual capacity of 200,000 units, according to local media.

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Lithium carbonate prices fall 50% in 6 months in China with supply-demand balance seen as still 1 year away

Lithium carbonate prices are expected to still have room to fall, with the supply-demand balance point expected to occur by the end of 2024 or 2025, an expert said.

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Great Wall Motor to enter more European countries, plans to build local R&D center, report says

After Germany and the UK, Great Wall Motor plans to expand its presence in Europe to eight additional countries including Italy and Spain, according to local media.

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Changan, Huawei sign MoU to set up JV that aims to be world’s leading parts supplier

Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake.

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