Market & Industry
Chery Holding sees 37.8% YoY leap in February auto sales
Chery Holding sees 37.8% YoY leap in February auto sales

In February, Chinese automaker Chery Holding sold 143,155 vehicles, marking a year-on-year jump of 37.8%, according to the company’s announcement on March 3.

Mar. 4 , 2024
SERES Group boasts 360.04% YoY surge in February new energy vehicle sales
SERES Group boasts 360.04% YoY surge in February new energy vehicle sales

On March 1, one of Huawei’s major automaking partners, SERES Group Co., Ltd., announced that its new energy vehicle sales reached 30,257 units in February, marking a staggering 360.04% year-on-year surge.

Mar. 1 , 2024
Li Auto partners with UNT in SiC field
Li Auto partners with UNT in SiC field

Recently, United Nova Technology (UNT), a Chinese provider of core chip technology in power devices, MEMS, and connectivity, officially signed a strategic cooperation framework agreement with Chinese new energy vehicle maker Li Auto.

Mar. 1 , 2024
Global Technology closes first financing round for year of 2024
Global Technology closes first financing round for year of 2024

Following the completion of the Series C financing in April 2023, Chinese brake-by-wire system provider Global Technology has successfully closed its first funding round in the year of 2024, according to a post on the company's WeChat account.

Feb. 29 , 2024
ECARX scores 31% YoY jump in 2023 annual revenue
ECARX scores 31% YoY jump in 2023 annual revenue

On February 28, ECARX Holdings Inc., the Geely-backed global provider of mobility technology solutions, unveiled its unaudited financial performance for the fourth quarter and full year of 2023.

Feb. 29 , 2024
Gasgoo Daily: Global Technology closes new round of financing
Gasgoo Daily: Global Technology closes new round of financing

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

Feb. 28 , 2024