Market & Industry
Geely Holding’s full-year auto sales jump 20% YoY in 2023
Geely Holding’s full-year auto sales jump 20% YoY in 2023

On January 12, Zhejiang Geely Holding Group ("Geely Holding") revealed that its total automobile sales for 2023 reached approximately 2.79 million units, reflecting a 20% year-on-year growth.

Jan. 15 , 2024
Gasgoo Daily: NETA Auto’s third overseas plant finds home in Malaysia
Gasgoo Daily: NETA Auto’s third overseas plant finds home in Malaysia

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

Jan. 14 , 2024
Tesla China issues 2024's first price reduction
Tesla China issues 2024's first price reduction

On January 12, Tesla's official Chinese website showed significant price cuts for the Model 3 and Model Y, which also stand as the US electric vehicle maker’s inaugural price adjustments for the year 2024.

Jan. 12 , 2024
NIO inks framework agreements with JAC Group, Chery Holding for battery swap cooperation
NIO inks framework agreements with JAC Group, Chery Holding for battery swap cooperation

JAC Group and Chery Holding separately inked "Battery Swapping Strategic Cooperation Framework Agreements" with NIO.

Jan. 11 , 2024
China’s annual auto output, sales both hit record high at over 30 million units in 2023
China’s annual auto output, sales both hit record high at over 30 million units in 2023

​In the year 2023, China’s cumulative automobile production and sales reached a respective 30.161 million units and 30.094 million units, marking a year-on-year growth of 11.6% and 12%, according to the CAAM.

Jan. 11 , 2024
BorgWarner plans to build joint venture with China’s Shaanxi Fast Auto Drive Group
BorgWarner plans to build joint venture with China’s Shaanxi Fast Auto Drive Group

BorgWarner recently inked an agreement with Shaanxi Fast Auto Drive Group, a leading Chinese supplier of commercial vehicle components specializing in transmissions and drivetrain systems, to build a joint venture.

Jan. 11 , 2024