Market & Industry
BMW inaugurates new R&D center in Shanghai
BMW inaugurates new R&D center in Shanghai

On July 18, 2023, BMW Group inaugurated its new Shanghai R&D Center.

Jul. 19 , 2023
Gasgoo Daily: Li Auto sees cumulative deliveries of L series models exceed 200,000 units
Gasgoo Daily: Li Auto sees cumulative deliveries of L series models exceed 200,000 units

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

Jul. 18 , 2023
BAIC BluePark expects narrower net loss in H1 2023
BAIC BluePark expects narrower net loss in H1 2023

BAIC BluePark, the parent company of BAIC BJEV, announced on July 14 that it anticipates a net loss of approximately 1.8 billion yuan to 2.1 billion yuan attributable to shareholders in the first half of 2023.

Jul. 18 , 2023
AVATR 12 included in MIIT's catalogue
AVATR 12 included in MIIT's catalogue

AVATR, the premium new energy vehicle brand jointly developed by Changan Automobile, Huawei, and CATL, recently saw its AVATR 12 model (internal code named E12) disclosed by a catalogue of China’s Ministry of Industry and Information Technology.

Jul. 17 , 2023
GAC Toyota, Tencent partner on cloud-based digital transformation
GAC Toyota, Tencent partner on cloud-based digital transformation

GAC Toyota, the joint venture of GAC Group and Toyota Motor, inked a strategic cooperation framework agreement with Chinese Internet giant Tencent for digital ecosystem collaboration in Shenzhen on July 14.

Jul. 17 , 2023
SERES Group expects net loss to narrow YoY in H1 2023
SERES Group expects net loss to narrow YoY in H1 2023

SERES Group, the Chinese automaker and car-making partner of Huawei, released its financial forecast for the first half of 2023 on July 15, revealing an expected year-over-year improvement of 20% to 28% in its net profit attributable to shareholder.

Jul. 17 , 2023