Market & Industry
SERES allies with SAE-China for intelligent connected new energy vehicle development
SERES allies with SAE-China for intelligent connected new energy vehicle development

On September 4, 2024, Seres Group Co., Ltd. (SERES) signed a strategic cooperation agreement with the China Society of Automotive Engineers (SAE-China) in Chongqing.

Sep. 5 , 2024
Mercedes-Benz to invest over 14 billion yuan in China for expanded local production
Mercedes-Benz to invest over 14 billion yuan in China for expanded local production

Mercedes-Benz Group announced plans to invest over 14 billion yuan in China, in partnership with local collaborators, to expand its lineup of localized passenger vehicles and vans, according to the company’s official WeChat post on September 4.

Sep. 5 , 2024
DreamSmart Group, GEESPACE to co-launch satellite
DreamSmart Group, GEESPACE to co-launch satellite

The collaboration will see the launch of the "DreamSmart Lucky Star" satellite.

Sep. 4 , 2024
China’s vehicle inventory alert index in Aug. 2024 drops both YoY, MoM
China’s vehicle inventory alert index in Aug. 2024 drops both YoY, MoM

In August 2024, the China Automobile Dealers Inventory Alert Index reached 56.2%, representing an year-on-year decrease of 0.7 percentage points and a month-on-month decline of 3.2 percentage points.

Sep. 4 , 2024
GAC INTERNATIONAL enters South African market with two car models introduced
GAC INTERNATIONAL enters South African market with two car models introduced

GAC INTERNATIONAL officially introduced two of its key models, the EMZOOM and EMKOO, to the South African market.

Sep. 3 , 2024
Geely Automobile scores 21% YoY jump in Aug. 2024 vehicle sales
Geely Automobile scores 21% YoY jump in Aug. 2024 vehicle sales

Geely Automobile Holdings Limited announced that the group sold a total of 181,229 vehicles in the month of August 2024, representing a year-on-year jump of 21%.

Sep. 3 , 2024