Market & Industry
China's major new vehicle launches in Feb., involving Xiaomi SU7 Ultra, Lynk & Co 900
China's major new vehicle launches in Feb., involving Xiaomi SU7 Ultra, Lynk & Co 900

February 2025 marks a surge in the automotive market, with over 20 new models already launched or expected to hit the market across both new energy and oil-fueled vehicle segments.

Feb. 16 , 2025
Gasgoo Daily: Geely Galaxy L7 EM-i model hits market
Gasgoo Daily: Geely Galaxy L7 EM-i model hits market

With Gasgoo Daily, we will offer daily important automotive news in China.

Feb. 14 , 2025
SAIC Motor forecasts two-digit YoY drop in 2024 net profit attributable to shareholders
SAIC Motor forecasts two-digit YoY drop in 2024 net profit attributable to shareholders

On January 25, SAIC Motor issued its profit forecast for 2024, projecting a net profit attributable to its shareholders of between 1.5 billion yuan and 1.9 billion yuan, which would represent a steep decline of 87% to 90% compared to the previous yea

Feb. 14 , 2025
Lynk & Co undergoes restructuring with ZEEKER joining as new shareholder
Lynk & Co undergoes restructuring with ZEEKER joining as new shareholder

Volvo Cars (China) Investment Co., Ltd. and Zhejiang Geely Holding Group ("Geely Holding") have withdrawn as shareholders of Lynk & Co, with Zhejiang Zeekr Intelligent Technology Co., Ltd. ("ZEEKR") now taking their place.

Feb. 13 , 2025
2025 DENZA N7 model set to hit market on Feb. 18
2025 DENZA N7 model set to hit market on Feb. 18

On February 12, BYD's premium vehicle brand DENZA announced that the 2025 DENZA N7 model is set to hit the market on February 18. The model will introduce a new color scheme: Aurora Purple.

Feb. 13 , 2025
China's Chongqing city eyes new energy vehicle output topping 1.3 million units in 2025
China's Chongqing city eyes new energy vehicle output topping 1.3 million units in 2025

On February 12, the Chongqing Municipal People’s Government held a press conference where the local government outlined its plans to boost the development of the city's new energy vehicle (NEV) industry.

Feb. 13 , 2025