Market & Industry
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
Gasgoo Daily: Power information of BYD’s Yangwang U8 unveiled
Gasgoo Daily: Power information of BYD’s Yangwang U8 unveiled

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

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
Former president of Wanda Auto reportedly takes on as head of marketing at HiPhi
Former president of Wanda Auto reportedly takes on as head of marketing at HiPhi

Chinese conglomerate Wanda Group's automotive arm, Wanda Auto, has seen a change in personnel as Li Hongpeng, who joined the company just a year ago, has reportedly left his role and joined luxury electric vehicle brand HiPhi.

Apr. 27 , 2023