Market & Industry
GAC Group starts operation of smart factory in Indonesia
GAC Group starts operation of smart factory in Indonesia

GAC Group has officially completed and commenced operations at its smart factory in Jakarta, Indonesia, according to a press release the automobile group issued on June 20 via its WeChat account.

Jun. 23 , 2025
New energy vehicle projected to account for around 55% of China's passenger vehicle retail sales in June 2025
New energy vehicle projected to account for around 55% of China's passenger vehicle retail sales in June 2025

In June 2025, new energy vehicles are estimated to contribute around 1.1 million units, with its market penetration rebounding to around 55%.

Jun. 23 , 2025
SAIC Motor's Roewe unveils official images of M7 DMH model
SAIC Motor's Roewe unveils official images of M7 DMH model

The M7 DMH is expected to hit the market in the second half of this year.

Jun. 18 , 2025
JAC Group, Huawei deepen strategic partnership to accelerate smart, green transformation in auto industry
JAC Group, Huawei deepen strategic partnership to accelerate smart, green transformation in auto industry

On June 17, JAC Group announced the signing of a strategic cooperation agreement with Huawei Technologies Co., Ltd. in Hefei, marking a significant deepening of their partnership.

Jun. 17 , 2025
Geely-backed CaoCao Inc. set to go public in Hong Kong
Geely-backed CaoCao Inc. set to go public in Hong Kong

On June 17, CaoCao Inc. ("CaoCao") confirmed plans to list on the Main Board of the Stock Exchange of Hong Kong Limited on June 25.

Jun. 17 , 2025