Market & Industry
HYCAN ships first batch of cars overseas
HYCAN ships first batch of cars overseas

Recently, HYCAN, a Chinese new energy vehicle maker partly backed by GAC Group, officially dispatched its first batch of exported cars from Hangzhou.

May 9 , 2024
Honda Motor's China retail sales drop 22.18% YoY in April
Honda Motor's China retail sales drop 22.18% YoY in April

In April 2024, Honda Motor retailed 73,831 vehicles across China, marking a year-on-year decrease of 22.18%, according to the Japanese automaker's official data.

May 9 , 2024
​Nissan Motor posts 10.43% YoY dip in Apr. China sales
​Nissan Motor posts 10.43% YoY dip in Apr. China sales

On May 8, Japanese automaker Nissan Motor announced its performance for April in China. The company’s total sales, including both passenger vehicles and light commercial vehicles, reached 54,921 units in the world's largest auto market.

May 9 , 2024
Gasgoo Daily: Baolong settles global Intelligent Driving R&D headquarters in Optics Valley, Wuhan
Gasgoo Daily: Baolong settles global Intelligent Driving R&D headquarters in Optics Valley, Wuhan

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

May 8 , 2024
BYD approved to operate auto insurance service in multiple regions
BYD approved to operate auto insurance service in multiple regions

On May 6, the CBIRC issued a reply, permitting BYD P&C Insurance to use nationally uniformed regulation and rates on compulsory traffic accident liability insurance for motor vehicles.

May 8 , 2024
Hangzhou releases new policies to boost vehicle trade-ins
Hangzhou releases new policies to boost vehicle trade-ins

Recently, the Hangzhou Municipal People's Government released a document introducing policies aimed at faciliating trade-ins for travel, transportation, and automobile sectors.

May 8 , 2024