Market & Industry
Geely Holding boasts 31% YoY leap in Q1 2025 automobile sales
Geely Holding boasts 31% YoY leap in Q1 2025 automobile sales

Zhejiang Geely Holding Group ("Geely Holding") announced a sales volume of 946,627 vehicles for the first quarter (Q1) of 2025, representing a year-on-year jump of 31%.

Apr. 14 , 2025
China's automobile market boasts two-digit YoY growth in both Q1 2025 sales, output
China's automobile market boasts two-digit YoY growth in both Q1 2025 sales, output

China's automobile market recorded double-digit growth in both production and sales in Q1 2025, marking a strong start to the year.

Apr. 12 , 2025
SGMW, BASF ink strategic deal to drive innovation in automotive coatings, color digitization
SGMW, BASF ink strategic deal to drive innovation in automotive coatings, color digitization

On April 9, SAIC-GM-Wuling ("SGMW") signed a strategic cooperation agreement with BASF Shanghai Coatings (BSC) in Shanghai, according to a post on SGMW's WeChat account.

Apr. 11 , 2025
Dongfeng Motor opens flagship store, training center for commercial vehicles in Ecuador
Dongfeng Motor opens flagship store, training center for commercial vehicles in Ecuador

Dongfeng Motor Industry Imp. & Exp. Co., Ltd., the overseas business arm of Dongfeng Motor, recently announced the grand opening of its commercial vehicle flagship store and Americas Regional Training Center in Guayaquil, Ecuador.

Apr. 10 , 2025
GAC Group unveils next-gen joint, servo drive systems for humanoid robots
GAC Group unveils next-gen joint, servo drive systems for humanoid robots

GAC Group recently unveiled a new generation of integrated joint systems and low-voltage servo drivers—core components designed to power humanoid robots across a wide range of use cases.

Apr. 10 , 2025
Chinese automaker JAC's controlling shareholder plans to increase stake by up to 100 million yuan
Chinese automaker JAC's controlling shareholder plans to increase stake by up to 100 million yuan

On April 8, Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) announced that its controlling shareholder, Anhui Jianghuai Automobile Group Holdings Co., Ltd., intends to increase its holdings in the company by no less than 50 million yuan.

Apr. 10 , 2025