Market & Industry
NIO, NXP ally on 4D imaging radar deployment
NIO, NXP ally on 4D imaging radar deployment

NXP Semiconductors (NXP) announced on May 2 that NIO, Chinese smart new energy vehicle startup, will leverage NXP's cutting-edge automotive radar technology, including its state-of-the-art imaging radar solution.

May 4 , 2023
SAIC Motor-CP breaks ground on new industrial park in Thailand for NEV parts production
SAIC Motor-CP breaks ground on new industrial park in Thailand for NEV parts production

SAIC Motor-CP Co., Ltd. broke ground on a new industrial park in Chon Buri, Thailand to produce core auto parts related to new energy vehicles locally.

May 4 , 2023
SAIC Motor faces single-digit YoY dip in 2022 annual revenue
SAIC Motor faces single-digit YoY dip in 2022 annual revenue

SAIC Motor said its full-year gross revenue reached 744.063 billion yuan in 2022, dropping 4.59% over the previous year.

May 4 , 2023
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years
BAIC Group plans to pour at least 50 billion yuan in R&D over next five years

BAIC Group's deputy General Manager, Gong Yueqiong, revealed that in the next five years, BAIC Group will invest at least 50 billion yuan in R&D of the technologies related to intelligent new energy vehicles.

Apr. 28 , 2023
Schaeffler signs MoU to step up local R&D, investment in Nanjing city
Schaeffler signs MoU to step up local R&D, investment in Nanjing city

On April 21st, Schaeffler signed a memorandum of understanding (“MoU”) with the management committee of Nanjing Jiangning High-tech Development Zone to further strengthen cooperation in production and R&D.

Apr. 28 , 2023
Gasgoo Daily: Daimler Truck China Ltd.’s new CEO takes office
Gasgoo Daily: Daimler Truck China Ltd.’s new CEO takes office

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

Apr. 27 , 2023