Geely & Baidu JV Jiyue cuts projects due to financial troubles
Jiyue, the joint venture between Geely and Chinese search giant Baidu, faces financial troubles. It cuts projects and merges departments as the cumulative sales volume for 11 months of 2024 lies below 14,000 units. The company reportedly has no money to pay social security to employees. – Advertisement – Jiyue...
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Zeekr 009 MPV achieves sales of 4,201 units in November
Zeekr officially announced sales of its Zeekr 009 pure-electric MPV has recorded sales of 4,201 units in November. This is a new historical high for the brand’s flagship MPV model. – Advertisement – The company also stated that in November, Zeekr 009 sales claimed the title of the top-selling pure-electric...
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GAC Trumpchi S7 PHEV with 1,000 km range exposed
In the latest Chinese MIIT catalog, GAC’s Trumpchi S7 plug-in hybrid SUV was declared. Previously, the car made its debut at the Guangzhou Auto Show in November and is expected to be launched in the first half of next year. – Advertisement – Source: Chinese MIIT The Trumpchi S7 is...
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CATL claimed first in power battery installation in China, BYD second
In November 2024, China’s battery production and sales totaled 117.8 GWh and 118.3 GWh, respectively; bringing the annual cumulative production and sales to 965.3 GWh and 914.3 GWh, respectively. Based on this trend, the cumulative production is expected to exceed 1 TWh by the end of the year, according to...
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