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China become the sector’s biggest car exporter in Q1 2023, surpassing Japan

Baua Electric

Within the first quarter of this 12 months, China surpassed Japan and Germany to transform the sector’s biggest car exporter for the primary year, exporting a complete of one.069 069 million automobiles. Additionally, from January to April this 12 months, Chinese language automobile firms exported a complete of one.37

Japan 52
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BNEF: EV company fundings bright spot as clean energy investment slips in Q3 quarter; 3 China EV companies raise $1.9B

Green Car Congress

There was a $1-billion initial public offering by NIO, a $585-million Series C venture capital round by Guangzhou Xiaopeng Motors and a $294-million pre-IPO round by Zhejiang Dianka Automobile. The largest six VC/PE new equity deals of 2018 so far have all involved Chinese electric vehicle firms, including the two mentioned above during 3Q.

Clean 259
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Mercedes-Benz running automated test drive in Shanghai; infrastructure peculiarities

Green Car Congress

After the start in Germany, the test vehicle based on the new production S‑Class is now under test in the heavy traffic and exposed to the special national features in the Chinese megalopolis of Shanghai. million kilometers in Europe, the US, China, Australia and South Africa, and more than 1.2

Mercedes 186
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Ford Launches New Fiesta in China

Green Car Congress

The sedan and the five-door Fiesta hatchback are both built at the Changan Ford Mazda Automobile Company manufacturing facility in Nanjing. Pre-sale demand for the car in China has exceeded Ford’s expectations, with several thousand Chinese consumers placing orders ahead of the official launch.

China 150