China’s Electric Vehicle Sales Surge by 28% in Q1 2024
According to a recent report by Counterpoint, the global sales of passenger electric vehicles (EVs), which include both battery electric vehicles (BEVs) and plug-in hybrid
China Internet Stats, Trends, Insights
Transportation
IDC Highlights Autonomous Driving Technology Advancements
Recent advancements in technology, especially in artificial intelligence (AI), have propelled the connected, autonomous, shared, and electric (CASE) mobility trend. This has resulted in a
China’s Electric Surge: Powering a Quarter of the World’s EV Exports
In 2023, China’s electric vehicle (EV) industry achieved a remarkable milestone, firmly establishing itself as a dominant force in the global EV market. According to
Battery tech giant CATL reports growth in profits amid revenue decline in Q1 2024
In the first quarter of 2024, Contemporary Amperex Technology Co. Limited (CATL) disclosed a revenue of 79.71 billion yuan, marking a 10.41% decrease from the
NIO EV integrates OpenAI through Microsoft Azure partnership
In an innovative push to enhance driver experience, NIO, a frontrunner in the electric vehicle (EV) market, is integrating generative AI technology into its automotive
China Digital Landscape 2024 – Ride-hailing
By December 2023, China’s ride-hailing user base reached 528 million people, an increase of 90.57 million from December 2022, accounting for 48.3% of China internet
Baidu Unveils China’s First 24/7 Robotaxi Service
Baidu, Inc., a trailblazer in AI and internet technologies, has launched a pioneering 24/7 robotaxi service through Apollo Go in Wuhan, marking a significant advancement
BYD Triumphs in 2023
With a strategic rollout of its “Glory Edition” models post-Chinese New Year, BYD adopts a “lower price, no lower specs” approach, rejuvenating its mainline models
DiDi Performance Highlights Q3 2023
In a significant rebound from the previous year, DiDi Global Inc., a leading Chinese mobility technology company, has showcased impressive growth in its third-quarter financial
China’s EV Market Booms, with BYD Leading Outperformance
China’s passenger electric vehicle (EV) market continues to grow at an impressive rate, with EV sales rising by 87% YoY in 2022, according to the
China’s automobile exports surpassed Germany in 2022
China’s export of automobiles exceeded 3 million, reaching 3.111 million in 2022, an increase of 54.4% year on year, due to the shortage of overseas
China’s IoT spending to reach US$298 billion by 2026
In 2021, the global enterprise-level investment in the Internet of Things was about US$681.28 billion, which is expected to increase to 1.1 trillion US dollars
China has 67% market share in the world’s new energy vehicles market in Sep
From January to September 2022, the sales volume of generalized new energy vehicles in China reached 9.98 million, including 2.76 million hybrid vehicles, accounting for
Baidu got permits for fully driverless robotaxi services in Chongqing and Wuhan
Baidu announced on 8 August 2022 that it has secured the first permits in China to offer commercial fully driverless robotaxi services to the public
Baidu unveiled fully autonomous vehicle Apollo RT6
Baidu unveiled on 21 July 2022 its next-generation fully autonomous vehicle (AV) Apollo RT6, an all-electric, production-ready model with a detachable steering wheel. Designed for
CIW eBooks
eBook: Win Chinese Market with Content
[tabby title=”Overview”] This eBook shares three trends of digital content consumption in China, China’s digital content ecosystem, and how content help businesses in branding and
eBook: Small Town Youth, New Growth Engine in China
[tabby title=”Overview”] The average monthly disposable income of new small-town youths from China’s lower-tier cities is 3,730 yuan, compared with 5,401 yuan of young people
eBook: China E-Commerce Factories
[tabby title=”Overview”] E-commerce factory is the collaboration of the manufacturing industry and the internet. Under the circumstances of retail sector being depressed while the traffic