Market & Industry
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
Great Wall Motor starts delivery of SOUO S2000 motorcycle, opens flagship store in Beijing
Great Wall Motor starts delivery of SOUO S2000 motorcycle, opens flagship store in Beijing

On December 28, Great Wall Motor officially began delivery of the SOUO S2000 model under the company’s motorcycle brand SOUO. Additionally, the brand's flagship store in Beijing also opened its doors.

Dec. 31 , 2024
China's WYP Glass kicks off production of auto glass project in Bengbu city
China's WYP Glass kicks off production of auto glass project in Bengbu city

On December 28, Anhui Wuyao Automotive Glass Co., Ltd. (Anhui Wuyao) officially commenced the operation of its automotive glass project with an annual production capacity of 4 million sets in Bengbu city, Anhui province.

Dec. 31 , 2024
Changan Automobile eyes annual sales target of 3 million vehicles in 2025
Changan Automobile eyes annual sales target of 3 million vehicles in 2025

On December 29, Changan Automobile held its 2025 Global Partners Conference, reflecting on achievements, analyzing industry trends, and outlining its 2025 objectives and key strategies.

Dec. 31 , 2024
EHang, Weihai High-Tech Zone form cooperation on unmanned eVTOL industrial ecosystem
EHang, Weihai High-Tech Zone form cooperation on unmanned eVTOL industrial ecosystem

On December 27, EHang, a Chinese urban air mobility (UAM) technology platform company, announced the signing of a project cooperation agreement with the Management Committee of Shandong province's Weihai Torch High-tech Industrial Development Zone.

Dec. 30 , 2024
SAIC Volkswagen reveals new vehicle launch plan for 2025
SAIC Volkswagen reveals new vehicle launch plan for 2025

Recently, SAIC Volkswagen revealed its new vehicle launch plans for 2025. Specifically, the company plans to put the Teramont PRO and the refreshed versions of the Lavida and the Lamando L onto the market.

Dec. 30 , 2024