Market & Industry
Gasgoo Daily: Geely Holding sets annual sales target of 5 million+ vehicles for 2027
Gasgoo Daily: Geely Holding sets annual sales target of 5 million+ vehicles for 2027

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

Jan. 6 , 2025
China's optical image solution provider Kankan Tech nabs hundreds of millions of yuan in Pre-B+ funding round
China's optical image solution provider Kankan Tech nabs hundreds of millions of yuan in Pre-B+ funding round

Beijing Kankan Intelligent Technology Co., Ltd. (Kankan Tech), China’s full-stack optical image solution provider, recently announced the successful completion of its Pre-B+ funding round, which raised for the company hundreds of millions of yuan.

Jan. 6 , 2025
China unveils first distributed electric-driven flying car
China unveils first distributed electric-driven flying car

On the first day of 2025, the research team of China's Southeast University debuted the country’s first distributed electric-drive flying car, "Southeast University · Kunpeng No.1", according to a post on the university’s WeChat account.

Jan. 6 , 2025
Fixed orders for LUXEED R7 surpass 58,000 units so far
Fixed orders for LUXEED R7 surpass 58,000 units so far

On January 5, Huawei's smart car alliance, Harmony Intelligent Mobility Alliance, announced that cumulative fixed orders for the LUXEED R7 model surpassed 58,000 units within 100 days of its market launch.

Jan. 6 , 2025
Changan Automobile posts 5.12% YoY rise in 2024 annual sales
Changan Automobile posts 5.12% YoY rise in 2024 annual sales

Chinese automaker Changan Automobile on Jan. 4 announced its monthly sales volume for December 2024, which stood at 250,689 vehicles, representing a 16.55% jump year-on-year.

Jan. 6 , 2025
How will Geely Auto Group achieve its 2025 sales target?
How will Geely Auto Group achieve its 2025 sales target?

CEO Gan Jiayue recently outlined the group's strategy to achieve this goal, focusing on three core areas: product and technology innovation, global market expansion, and diversified energy solutions.

Jan. 6 , 2025