Market & Industry
China’s LiDAR maker Hesai Technology goes public on Nasdaq
China’s LiDAR maker Hesai Technology goes public on Nasdaq

On February 9 Beijing time, shares of Hesai Technology, China-based leading LiDAR supplier, began trading on Nasdaq (NASDAQ: HSAI), making Hesai China's first US-listed LiDAR company.

Feb. 10 , 2023
GAC Group faces 2-digit YoY, MoM drop in Jan. 2023 sales
GAC Group faces 2-digit YoY, MoM drop in Jan. 2023 sales

GAC Group announced on Thursday it sold 146,921 vehicles in the first month of Jan. 2023, representing a 37.98% plunge year-over-year and a 28.58% decrease month-over-month mainly due to the Chinese Lunar New Year holiday.

Feb. 10 , 2023
SAIC Motor ambitious to sell 6 million vehicles through 2023
SAIC Motor ambitious to sell 6 million vehicles through 2023

SAIC Motor announced today it aims to sell 6 million vehicles across the year of 2023, including 1.5 million new energy vehicles (NEVs).

Feb. 9 , 2023
JAC Group's export volume jumps 10% YoY in Jan. 2023
JAC Group's export volume jumps 10% YoY in Jan. 2023

In January 2023, JAC Group sold 35,410 vehicles in total, representing a 31.32% drop from a year ago, according to JAC Group’s announcement on Thursday.

Feb. 9 , 2023
Volvo Cars’ Asia Pacific Software Integration Center starts operation
Volvo Cars’ Asia Pacific Software Integration Center starts operation

Volvo Cars recently put its Asia Pacific Software Integration Center in Jiading district, Shanghai city into use, according to a press release.

Feb. 9 , 2023
Chinese automakers announce 2023 annual sales targets
Chinese automakers announce 2023 annual sales targets

Many Chinese automotive groups managed to outpace China’s overall industry in 2022 sales.

Feb. 9 , 2023