Market & Industry
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
SAIC Motor intends to build factory in Europe
SAIC Motor intends to build factory in Europe

SAIC Motor has put the task of setting up a factory in Europe on its agenda and is actively selecting a site, Yu De, Assistant to the President of SAIC Motor, and General Manager of SAIC Motor's international business department.

Jul. 4 , 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
BYD scores another monthly record high sales volume in June 2023
BYD scores another monthly record high sales volume in June 2023

BYD Company Limited (“BYD”) saw its monthly auto sales hit a new high of 253,046 units in June 2023, representing a 88.79% year-on-year spike and a 5.34% month-on-month growth.

Jul. 3 , 2023