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Trade News
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News
Trade News
BYD Introduces Dolphin, Seal, and Atto 3 Models in Hungary
2023-10-22
Trade News
Chinese automaker BYD has taken a significant step in its European expansion by entering the passenger car market in Hungary. On October 17, BYD introduced three all-electric models, namely the Dolphin, Seal, and Atto 3, in Hungary. Additionally, two stores in Budapest will officially open on October 19, according to…
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Changan Agrees to Construct Electric Vehicle (NEV) Plant in Thailand
2023-10-22
Trade News
Chinese automotive giant Changan has made significant strides toward establishing an electric vehicle (NEV) production plant in Thailand. The Thailand Board of Investment (BOI) recently granted an investment certificate to Changan for its ambitious $240 million NEV production facility. This milestone came after Changan solidified an agreement with the Thailand…
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Arcfox, a brand under BAIC, intends to commence Electric Vehicle (EV) sales in Japan by 2024
2023-10-09
Trade News
Arcfox, a brand affiliated with Beijing Automotive Group (BAIC Group) specializing in electric vehicles (EVs), is determined to make its mark in Japan's EV market in 2024, despite facing challenges in its domestic market. In a recent development, Beijing Electric Vehicle Co (BJEV), the EV-manufacturing arm of BAIC Group, signed…
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SAIC Unveils Inaugural Custom Ocean-Going Car Carrier for Enhanced Export Capacity
2023-08-30
Trade News
In a recent update, it was noted that a selection of Chinese automobile manufacturers, including Chery and Nio, had intentions to acquire their very own vehicle transport vessels. SAIC Motor Corp has successfully concluded the construction of its inaugural custom-designed oceanic car carrier. This achievement sets the stage for increased…
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GM and Momenta Drive Forward with Autonomous Driving in China: L4 Testing Approved in Shanghai
2023-08-25
Trade News
General Motors (GM) and Chinese startup Momenta have joined forces to develop a self-driving solution tailored for the Chinese market. The prominent US automotive company, General Motors, has been granted approval to conduct autonomous driving trials in Shanghai, marking a significant stride towards catching up with major domestic electric vehicle…
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GAC Aion Initiates Global Expansion with Shipment of First 100 EVs to Thailand
2023-08-22
Trade News
GAC Aion has taken a significant step in its global expansion strategy by dispatching its maiden shipment of vehicles to Thailand, signifying the official commencement of its international market foray. [caption id="attachment_5474" align="aligncenter" width="1200"] (Image: AION Thailand)[/caption] GAC Aion, an electric vehicle (EV) subsidiary of the GAC Group, recently initiated…
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