Market & Industry
GAC Group’s ride-hailing platform ONTIME goes public on Hong Kong Stock Exchange
GAC Group’s ride-hailing platform ONTIME goes public on Hong Kong Stock Exchange

On July 10, Chenqi Technology Limited (ONTIME) held its listing ceremony in Hong Kong, with its shares officially trading on the main board of the Hong Kong Stock Exchange.

Jul. 10 , 2024
New Department of Defense Disclosure Suggests That Chinese Lidar Firm’s 1260H Listing Is Not Based on Evidence of a Military Connection
New Department of Defense Disclosure Suggests That Chinese Lidar Firm’s 1260H Listing Is Not Based on Evidence of a Military Connection

Lidar technology firm Hesai (Nasdaq: HSAI) has furthered its claim that it has no association with the Chinese military, and has filed a motion for summary judgment with a U.S. court.

Jul. 10 , 2024
China’s passenger vehicle sales dip YoY in June amid growth in exports
China’s passenger vehicle sales dip YoY in June amid growth in exports

In June 2024, China's domestic passenger vehicle (PV) market retailed 1.767 million vehicles, marking a year-over-year decrease of 6.7% but a month-over-month increase of 3.2%.

Jul. 9 , 2024
Dongfeng Motor plans to build dedicated auto parts division
Dongfeng Motor plans to build dedicated auto parts division

On July 5, Dongfeng Motor Corporation (DFMC) announced the launch of an automotive parts project, establishing a dedicated Parts Division to centrally manage its components business.

Jul. 9 , 2024
Gasgoo Daily: Beijing city plans to include autonomous vehicles in ride-hailing services
Gasgoo Daily: Beijing city plans to include autonomous vehicles in ride-hailing services

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.

Jul. 8 , 2024
Nissan reports June sales of 52,852 vehicles in China
Nissan reports June sales of 52,852 vehicles in China

On July 8, Nissan Motor announced its sales performance for June 2024 in China, revealing a total of 52,852 units sold across its passenger and light commercial vehicle segments, which tumbled 23.56% from a year ago.

Jul. 8 , 2024