Market & Industry
China's vehicle inventory alert index in July 2023 climbs both YoY, MoM
China's vehicle inventory alert index in July 2023 climbs both YoY, MoM

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, rose 3.8 percentage points month on month in July 2023, according to the China Automobile Dealers Association (CADA).

Jul. 31 , 2023
Gasgoo Daily: BYD Song L’s spy photos revealed, set to hit market in Q4 2023
Gasgoo Daily: BYD Song L’s spy photos revealed, set to hit market in Q4 2023

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.

Jul. 28 , 2023
T3 Go nabs hundreds of millions of yuan in A+ round financing from Hongtai Aplus
T3 Go nabs hundreds of millions of yuan in A+ round financing from Hongtai Aplus

In a recent development, T3 Go, the Chinese online ride-share platform, has successfully secured hundreds of millions of yuan in A+ round funding from Hongtai Aplus, according to the investor.

Jul. 28 , 2023
Yueda Kia exports over 10,000 vehicles in July
Yueda Kia exports over 10,000 vehicles in July

On July 25, a fleet of brand-new Yueda Kia vehicles smoothly rolled into the port of Yancheng city, Jiangsu Province, where they will soon embark on a journey to 21 countries and regions, including the Philippines, Saudi Arabia, Peru, and Brunei.

Jul. 27 , 2023
WeEn Semiconductors inaugurates first global module factory in Shanghai
WeEn Semiconductors inaugurates first global module factory in Shanghai

On July 25, the grand opening ceremony of WeEn Semiconductors’ WeEn Jinshan Module Factory was held in the Shanghai Bay Area’s High-tech Zone, marking the official commencement of operations for WeEn's first-ever global module factory.

Jul. 27 , 2023
China’s locally-made passenger vehicle retail sales likely to drop 4.8% YoY in July 2023: CPCA
China’s locally-made passenger vehicle retail sales likely to drop 4.8% YoY in July 2023: CPCA

China's domestic passenger vehicle retail sales are anticipated to reach 1.73 million units in June 2023, which should decline 8.6% from the previous month, and also fell 4.8% from the previous year.

Jul. 27 , 2023