Market & Industry
Geely, Renault to build 50/50 joint venture for R&D, production of advanced powertrains
Geely, Renault to build 50/50 joint venture for R&D, production of advanced powertrains

Geely Holding Group and Geely Automobile Holdings Limited (hereinafter referred to as "Geely") have signed a binding joint venture agreement with Renault Group in a 50:50 partnership, Geely Holding announced on July 11.

Jul. 11 , 2023
Dongfeng Motor’s VOYAH expands market presence in more European countries
Dongfeng Motor’s VOYAH expands market presence in more European countries

Dongfeng Motor's import and export subsidiary recently conducted meetings with dealers and signed agreements with four dealerships from the Netherlands, Switzerland, Denmark, and Finland regarding its premium new energy vehicle brand, VOYAH.

Jul. 11 , 2023
China’s locally-produced passenger vehicle retail sales edge up 2.7% in H1 2023
China’s locally-produced passenger vehicle retail sales edge up 2.7% in H1 2023

China's passenger vehicle (PV) retail sales amounted to 1.894 million units in June 2023, edging down 2.6% from the previous year, but rising 8.7% from the previous month, according to the China Passenger Car Association (CPCA).

Jul. 10 , 2023
China has 16.2 million new energy vehicles running on roads by June 2023
China has 16.2 million new energy vehicles running on roads by June 2023

According to statistics from China's Ministry of Public Security, as of the end of June 2023, the number of motor vehicles in use reached 426 million nationwide, including 328 million cars.

Jul. 10 , 2023
Gasgoo Daily: SAIC-GM Buick starts shipment of Ultium-based ELECTRA E4s
Gasgoo Daily: SAIC-GM Buick starts shipment of Ultium-based ELECTRA E4s

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

Jul. 7 , 2023
SAIC Motor boasts 40.01% YoY surge in June export volume plus sales of overseas markets
SAIC Motor boasts 40.01% YoY surge in June export volume plus sales of overseas markets

SAIC Motor sold 405,725 vehicles in June 2023, representing a year-on-year decrease of 16.1%, the Shanghai-based auto giant announced on Friday.

Jul. 7 , 2023