Market & Industry
China’s Henan province issues policy for development of low-altitude economy
China’s Henan province issues policy for development of low-altitude economy

The initiative aims to accelerate the development of the low-altitude economy in Henan province.

Aug. 12 , 2024
Dongfeng Motor’s YTD new energy vehicle sales jump 22.5% YoY by end of July
Dongfeng Motor’s YTD new energy vehicle sales jump 22.5% YoY by end of July

Chinese legacy carmaker Dongfeng Motor Group Company Limited (Dongfeng Motor Group) announced that it sold 108,330 vehicles in July 2024, representing a 33.73% decline year-on-year.

Aug. 12 , 2024
SAIC Motor’s Jan.-Jul. new energy vehicle sales rise 14.91% YoY, despite drop in July sales
SAIC Motor’s Jan.-Jul. new energy vehicle sales rise 14.91% YoY, despite drop in July sales

SAIC Motor recorded a wholesale volume of 251,484 vehicles for the month of July, representing a year-on-year plunge of 37.16%, according to the group's latest monthly sales results.

Aug. 12 , 2024
Chery Tiggo 8L hits market, starting at 129,900 yuan
Chery Tiggo 8L hits market, starting at 129,900 yuan

On August 8, Chery Auto officially launched its flagship SUV, the Tiggo 8L, which is priced between 129,900 yuan and 174,900 yuan.

Aug. 9 , 2024
China’s passenger vehicle retail sales in July edge down YoY, but YTD sales still up
China’s passenger vehicle retail sales in July edge down YoY, but YTD sales still up

For the first seven months of this year, the country's PV retail sales totaled 11.556 million units, climbing up 2.3% compared to the same period last year.

Aug. 8 , 2024
Gasgoo Daily: SAIC's MG to establish Latin America hub in Mexico
Gasgoo Daily: SAIC's MG to establish Latin America hub in Mexico

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.

Aug. 8 , 2024