Market & Industry
FAW Group exports around 125,000 vehicles in 2024, up 36.2% YoY
FAW Group exports around 125,000 vehicles in 2024, up 36.2% YoY

In 2024, Chinese automaker FAW Group realized an export volume of around 125,000 vehicles, representing 36.2% year-on-year jump.

Dec. 31 , 2024
GAC Group transfers stake in Greater Bay Technology for around 1.3 billion yuan
GAC Group transfers stake in Greater Bay Technology for around 1.3 billion yuan

On December 30, 2024, GAC Group announced that the company has reached an agreement with its controlling shareholder, Guangzhou Automobile Industry Group Co., Ltd. (GAC Industry), to sell an 18.82% stake in Greater Bay Technology.

Dec. 31 , 2024
Great Wall Motor starts delivery of SOUO S2000 motorcycle, opens flagship store in Beijing
Great Wall Motor starts delivery of SOUO S2000 motorcycle, opens flagship store in Beijing

On December 28, Great Wall Motor officially began delivery of the SOUO S2000 model under the company’s motorcycle brand SOUO. Additionally, the brand's flagship store in Beijing also opened its doors.

Dec. 31 , 2024
Dongfeng Motor anticipates yearly sales of 2.48 million vehicles in 2024
Dongfeng Motor anticipates yearly sales of 2.48 million vehicles in 2024

On December 30, Dongfeng Motor Corporation held its 2025 work conference in Wuhan, announcing its performance projections for 2024 and strategic goals for 2025.

Dec. 31 , 2024
Changan Automobile eyes annual sales target of 3 million vehicles in 2025
Changan Automobile eyes annual sales target of 3 million vehicles in 2025

On December 29, Changan Automobile held its 2025 Global Partners Conference, reflecting on achievements, analyzing industry trends, and outlining its 2025 objectives and key strategies.

Dec. 31 , 2024
EHang, Weihai High-Tech Zone form cooperation on unmanned eVTOL industrial ecosystem
EHang, Weihai High-Tech Zone form cooperation on unmanned eVTOL industrial ecosystem

On December 27, EHang, a Chinese urban air mobility (UAM) technology platform company, announced the signing of a project cooperation agreement with the Management Committee of Shandong province's Weihai Torch High-tech Industrial Development Zone.

Dec. 30 , 2024