Market & Industry
China's automobile market boasts two-digit YoY growth in both Q1 2025 sales, output
China's automobile market boasts two-digit YoY growth in both Q1 2025 sales, output

China's automobile market recorded double-digit growth in both production and sales in Q1 2025, marking a strong start to the year.

Apr. 12 , 2025
SGMW, BASF ink strategic deal to drive innovation in automotive coatings, color digitization
SGMW, BASF ink strategic deal to drive innovation in automotive coatings, color digitization

On April 9, SAIC-GM-Wuling ("SGMW") signed a strategic cooperation agreement with BASF Shanghai Coatings (BSC) in Shanghai, according to a post on SGMW's WeChat account.

Apr. 11 , 2025
GAC Group's ONTIME, GOVY partner to integrate flying cars into smart mobility ecosystem
GAC Group's ONTIME, GOVY partner to integrate flying cars into smart mobility ecosystem

The two sides will combine ONTIME's operational expertise in smart mobility with GOVY's strength in flying car development to accelerate the integration of flying vehicles into mobility services.

Apr. 11 , 2025
GAC Group unveils next-gen joint, servo drive systems for humanoid robots
GAC Group unveils next-gen joint, servo drive systems for humanoid robots

GAC Group recently unveiled a new generation of integrated joint systems and low-voltage servo drivers—core components designed to power humanoid robots across a wide range of use cases.

Apr. 10 , 2025
Chinese automaker JAC's controlling shareholder plans to increase stake by up to 100 million yuan
Chinese automaker JAC's controlling shareholder plans to increase stake by up to 100 million yuan

On April 8, Anhui Jianghuai Automobile Group Corp., Ltd. (JAC) announced that its controlling shareholder, Anhui Jianghuai Automobile Group Holdings Co., Ltd., intends to increase its holdings in the company by no less than 50 million yuan.

Apr. 10 , 2025
FAW Jiefang signs MoU with South Korean partner to deepen overseas collaboration
FAW Jiefang signs MoU with South Korean partner to deepen overseas collaboration

FAW Group's commercial vehicle arm FAW Jiefang recently signed a memorandum of understanding with a South Korean partner in Seoul, marking a new step in its global strategy.

Apr. 8 , 2025