Market & Industry
China’s locally-produced passenger vehicle retail sales jump 28.6% in May 2023
China’s locally-produced passenger vehicle retail sales jump 28.6% in May 2023

China's passenger vehicle (PV) retail sales amounted to 1.742 million units in May 2023, jumping 28.6% from the previous year, while also rising 7.3% from the previous month, according to the China Passenger Car Association (CPCA).

Jun. 8 , 2023
SAIC Motor’s monthly sales in May rise 10.23% YoY
SAIC Motor’s monthly sales in May rise 10.23% YoY

SAIC Motor today announced a monthly auto sales volume exceeding 400,000 units for May 2023.

Jun. 8 , 2023
Changan Automobile boasts 32.49% YoY surge in May auto sales
Changan Automobile boasts 32.49% YoY surge in May auto sales

In May 2023, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) recorded a 32.49% surge in monthly sales compared to a year ago.

Jun. 8 , 2023
SGMW, CETC Chip form strategic cooperation on chip R&D
SGMW, CETC Chip form strategic cooperation on chip R&D

A strategic cooperation agreement signing ceremony was held between SGMW and CETC Chip as the two parties had in-depth discussions on the development of the chip industry, corporate development, etc.

Jun. 7 , 2023
Geely Automobile posts 2-digit YoY growth in May, Jan-May 2023 sales
Geely Automobile posts 2-digit YoY growth in May, Jan-May 2023 sales

Geely Automobile Holdings Limited sold 120,053 vehicles in May 2023, representing a year-on-year jump of roughly 35%, according to the Group’s announcement issued on June 7.

Jun. 7 , 2023
Gasgoo Daily: Tesla’s Gigafactory Shanghai delivers 77,695 vehicles in May
Gasgoo Daily: Tesla’s Gigafactory Shanghai delivers 77,695 vehicles in May

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

Jun. 6 , 2023