In the first three quarters of 2023 (Q1-Q3 2023), GAC Group achieved consolidated gross revenue of 98.182 billion yuan, representing a 22.17% jump year-on-year, according to the group's latest quarterly financial results released on October 26.
Oct. 27 , 2023
SAIC Motor announced on Thursday that its gross revenue reached roughly 196.787 billion yuan in the third quarter (Q3) of this year, sliding 6.92% from the previous year.
Oct. 27 , 2023
On October 25, Chinese power battery supplier SVOLT Energy Technology Co., Ltd. (“SVOLT”) signed an agreement with a group of banks, who agreed to grant SVOLT a credit line worth 7.5 billion yuan.
Oct. 26 , 2023
FAW Jiefang and Huawei Technologies stepped up their strategic partnership by signing an MoU that involves the cooperation in such fields as AI, intelligent driving, and intelligent cockpit.
Oct. 25 , 2023
On October 25, Chinese autonomous driving technology developer Pony.ai announced it has secured a $100 million worth of investment from Saudi Arabia's megaproject NEOM and the latter's wholly-owned sub-fund NIF.
Oct. 25 , 2023
BYD became the first Chinese automaker to participate in Tokyo Motor Show.
Oct. 25 , 2023