Market & Industry
Changan Automobile’s net profit surges 30.65% YoY in H1 2023
Changan Automobile’s net profit surges 30.65% YoY in H1 2023

Chinese automaker Chongqing Changan Automobile Company Limited (Changan Automobile) saw a double-digit year-on-year growth in both semi-annual revenue and net profit, according to its report released on August 30.

Aug. 31 , 2023
AVATR raises 3 billion yuan in B round financing
AVATR raises 3 billion yuan in B round financing

On August 30, AVATR, the premium new energy vehicle brand jointly backed by Changan Automobile, Huawei, and CATL, announced the successful completion of its B round financing with 3 billion yuan secured.

Aug. 31 , 2023
Xiaomi pours in 1.4 billion yuan in innovative business including car-making in Q2 2023
Xiaomi pours in 1.4 billion yuan in innovative business including car-making in Q2 2023

On August 29, Xiaomi Group unveiled its financial results for the second quarter and the first half of 2023, along with a teleconference meeting. The company also unveiled data point concerning Xiaomi's automaking endeavors.

Aug. 31 , 2023
Gasgoo Daily: Li Auto delivers 100,000th Li L9 SUV
Gasgoo Daily: Li Auto delivers 100,000th Li L9 SUV

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

Aug. 30 , 2023
SAIC Motor launches first ocean-going car carrier built by CSSC Jiangnan Shipyard
SAIC Motor launches first ocean-going car carrier built by CSSC Jiangnan Shipyard

On August 29, SAIC Motor announced a significant stride in its maritime endeavors as its tailored-for-purpose maiden ocean-going car carrier, constructed by CSSC Jiangnan Shipyard, was officially launched.

Aug. 30 , 2023
Leapmotor to launch global-oriented strategy at IAA Mobility 2023
Leapmotor to launch global-oriented strategy at IAA Mobility 2023

Chinese new energy vehicle startup Leapmotor is set to unveil its global strategy, product, and cutting-edge electric vehicle technology at the IAA Mobility 2023, in Munich, Germany.

Aug. 30 , 2023