Market & Industry
BMTS Technology settles China headquarters in Taicang city, Jiangsu Province
BMTS Technology settles China headquarters in Taicang city, Jiangsu Province

BMTS Technology, a global manufacturer of exhaust gas turbochargers, has settled its China headquarters in Taicang Port Economic & Technological Development Zone ("TPDZ"), Taicang city, Jiangsu province, the company announced on Dec. 29.

Dec. 30 , 2022
GAC Group eyes 10% YoY rise in annual production, sales volumes in 2023
GAC Group eyes 10% YoY rise in annual production, sales volumes in 2023

GAC Group will strive to achieve a 10% year-on-year growth in its annual auto output and sales for the year of 2023, wishing to outpace the industry's average level, the group announced on Dec. 29.

Dec. 30 , 2022
Gasgoo Daily: NIO Inc. adjusts Q4 2022 delivery outlook
Gasgoo Daily: NIO Inc. adjusts Q4 2022 delivery outlook

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

Dec. 29 , 2022
China’s air suspension solution provider SDRIVE closes Pre-A funding round
China’s air suspension solution provider SDRIVE closes Pre-A funding round

Shanghai SDRIVE Technology Co., Ltd. ("SDRIVE"), a Chinese air suspension solution provider, recently announced it has closed the Pre-A round of financing with tens of millions of yuan raised.

Dec. 28 , 2022
Chery’s EXEED Yaoguang SUV makes global debut
Chery’s EXEED Yaoguang SUV makes global debut

Chery Holding’s EXEED brand officially launched its first strategic model in accordance to the automaker’s 2.0 development approach, namely, the EXEED Yaoguang, on December 27.

Dec. 28 , 2022
China’s Jan.-Nov. 2022 deliveries of imported passenger vehicles dip 18.5% YoY
China’s Jan.-Nov. 2022 deliveries of imported passenger vehicles dip 18.5% YoY

For the first eleven months of 2022, there were 701,182 imported passenger vehicles (PVs) delivered across China, representing an 18.5% decrease year-over-year, according to Sinomach Automobile Co., Ltd.

Dec. 28 , 2022