Market & Industry
FAW Bestune to raise funds through capital increase for new energy vehicle development
FAW Bestune to raise funds through capital increase for new energy vehicle development

According to the announcement from the China Beijing Equity Exchange, FAW Bestune Car Co., Ltd., a subsidiary of FAW Group, intends to introduce external investment through a capital increase, with a minimum fundraising target of 165 million yuan.

Jun. 27 , 2023
Gasgoo Daily: BYD expands sales network in Mexico with opening of BYD Perisur dealership
Gasgoo Daily: BYD expands sales network in Mexico with opening of BYD Perisur dealership

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Jun. 26 , 2023
Huawei reveals new patent for posture-determined safety airbags control system
Huawei reveals new patent for posture-determined safety airbags control system

According to the official website of the China National Intellectual Property Administration, Huawei Technologies Co., Ltd. has publicly disclosed a new patent for the "control system and control method of safety airbags, and transportation vehicles.

Jun. 26 , 2023
Geely Holding inks strategic framework agreement with Chongqing
Geely Holding inks strategic framework agreement with Chongqing

On June 21, Zhejiang Geely Holding Group (Geely Holding) and the Chongqing Municipal People's Government signed a strategic framework agreement.

Jun. 25 , 2023
GAC-backed Ontime bags 842 million yuan in Series B funding
GAC-backed Ontime bags 842 million yuan in Series B funding

Chinese mobility service provider Ontime completed its Series B funding round, raising 842 million yuan. The round was led by GAC Group, with participation from multiple industry funds and financial investors.

Jun. 25 , 2023
Gasgoo Daily: All-New ES8 to begin order locking, delivery on June 28
Gasgoo Daily: All-New ES8 to begin order locking, delivery on June 28

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

Jun. 25 , 2023