Market & Industry
FlagChip, Shanghai Edrive, Zhicong Technology join forces to drive localization of electric drive controllers
FlagChip, Shanghai Edrive, Zhicong Technology join forces to drive localization of electric drive controllers

FlagChip, Shanghai Edrive, and Zhicong Technology signed a strategic cooperation framework agreement on June 29. The three parties aim to deepen their collaboration in the automotive field.

Jul. 5 , 2023
Luxshare Precision, GAC Group set up auto technology joint venture
Luxshare Precision, GAC Group set up auto technology joint venture

Recent disclosures from Chinese corporate database Qichacha reveal the establishment of Lisheng Auto Tech (Guangzhou) Co., Ltd., under the legal representation of Wen Jun, with a registered capital of 500 million yuan.

Jul. 5 , 2023
Gasgoo Daily: Tesla sells 93,680 China-made vehicles by wholesale in June 2023
Gasgoo Daily: Tesla sells 93,680 China-made vehicles by wholesale in June 2023

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

Jul. 4 , 2023
Tesla cuts price for Model S, Model X vehicles in China
Tesla cuts price for Model S, Model X vehicles in China

On the first day of July, Tesla announced a discount promotion plan for its Model S and Model X vehicles in China. Specifically, customers who purchase the Model S and Model X vehicles in stock will enjoy discounts ranging from 35,000 yuan to 45,000

Jul. 3 , 2023
ECARX increases investment in JICA Intelligent Robotics
ECARX increases investment in JICA Intelligent Robotics

Global mobility technology company ECARX Holdings Inc. (ECARX) announced its plan to increase investment in and obtain controlling stake of JICA Intelligent Robotics Co., Ltd. ("JICA").

Jul. 3 , 2023
Great Wall Motor partners with Inchcape for expansion in Indonesian Market
Great Wall Motor partners with Inchcape for expansion in Indonesian Market

Great Wall Motors (GWM), a leading Chinese automaker, entered into a strategic global partnership with Inchcape, one of the world's largest automotive distributors, on June 30.

Jul. 3 , 2023