Market & Industry
Chery EXEED launches LX C-DM plug-in hybrid electric SUV
Chery EXEED launches LX C-DM plug-in hybrid electric SUV

On January 24, Chery's EXEED brand introduced the LX C-DM compact SUV with the 1.5T C-DM plug-in hybrid electric system.

Jan. 25 , 2024
Dongfeng Motor’s R&D investment to reach 100 billion yuan in 2021-2025 period
Dongfeng Motor’s R&D investment to reach 100 billion yuan in 2021-2025 period

During the 14th Five-Year Plan period (2021-2025), Dongfeng Motor's cumulative R&D investment is set to reach 100 billion yuan, with no less than 6% dedicated to R&D for its wholly-owned brands.

Jan. 25 , 2024
SERES Group forecasts narrowed net loss in 2023
SERES Group forecasts narrowed net loss in 2023

On January 24, Chinese automaker SERES Group announced an anticipated revenue of 35.5 billion yuan to 36.5 billion yuan for 2023, which would reflect a year-on-year increase of 4.09% to 7.02%.

Jan. 25 , 2024
Great Wall Motor boasts 26.26% YoY jump in 2023 annual revenue
Great Wall Motor boasts 26.26% YoY jump in 2023 annual revenue

On January 23, Great Wall Motor (GWM) unveiled its 2023 performance report, revealing a total operating income of 173.41 billion yuan, which jumped 26.26% year over year.

Jan. 24 , 2024
Beijing Hyundai rolls off 12 millionth vehicle in end of 2023
Beijing Hyundai rolls off 12 millionth vehicle in end of 2023

In the closing days of 2023, Beijing Hyundai, the joint venture between BAIC Group and Hyundai Motor, celebrated the production milestone of its 12 millionth vehicle.

Jan. 24 , 2024
Gasgoo Daily: CATL to extend tech licensing cooperation model to more European and American auto companies
Gasgoo Daily: CATL to extend tech licensing cooperation model to more European and American auto companies

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

Jan. 23 , 2024