Market & Industry
TANK 500 Hi4-Z hits market at 363,800 yuan
TANK 500 Hi4-Z hits market at 363,800 yuan

On January 1, Great Wall Motor's TANK brand officially put the TANK 500 Hi4-Z model onto the market, with both two variants priced at 363,800 yuan.

Jan. 2 , 2025
Chery Holding logs record-high annual sales in 2024
Chery Holding logs record-high annual sales in 2024

Chinese automaker Chery Holding reported its 2024 annual sales reached 2,603,916 vehicles, hitting record high, and representing a 38.4% year-over-year jump.

Jan. 2 , 2025
AVATR's 2024 annual auto sales double YoY
AVATR's 2024 annual auto sales double YoY

On January 1, 2025, AVATR, the premium new energy vehicle brand jointly backed by Changan Automobile, Huawei, and CATL, announced its 2024 annual sales reached 73,606 units, which doubled year over year.

Jan. 2 , 2025
Chassis-by-wire tech firm Trugo Tech nabs 400 million yuan in Series B financing
Chassis-by-wire tech firm Trugo Tech nabs 400 million yuan in Series B financing

Chinese X-by-wire chassis technology company Trugo Tech recently announced the completion of its Series B financing round, which raised for the company 400 million yuan.

Dec. 31 , 2024
FAW Group exports around 125,000 vehicles in 2024, up 36.2% YoY
FAW Group exports around 125,000 vehicles in 2024, up 36.2% YoY

In 2024, Chinese automaker FAW Group realized an export volume of around 125,000 vehicles, representing 36.2% year-on-year jump.

Dec. 31 , 2024
GAC Group transfers stake in Greater Bay Technology for around 1.3 billion yuan
GAC Group transfers stake in Greater Bay Technology for around 1.3 billion yuan

On December 30, 2024, GAC Group announced that the company has reached an agreement with its controlling shareholder, Guangzhou Automobile Industry Group Co., Ltd. (GAC Industry), to sell an 18.82% stake in Greater Bay Technology.

Dec. 31 , 2024