Market & Industry
China posts double-digit YoY jump in auto output, sales in May 2023
China posts double-digit YoY jump in auto output, sales in May 2023

In May, China’s auto market remains stable with positive year-on-year and month-on-month growth in auto output and sales.

Jun. 9 , 2023
Gasgoo Daily: Severe overcapacity exists in current power battery production: Changan Automobile’s chairman
Gasgoo Daily: Severe overcapacity exists in current power battery production: Changan Automobile’s chairman

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

Jun. 8 , 2023
China’s locally-produced passenger vehicle retail sales jump 28.6% in May 2023
China’s locally-produced passenger vehicle retail sales jump 28.6% in May 2023

China's passenger vehicle (PV) retail sales amounted to 1.742 million units in May 2023, jumping 28.6% from the previous year, while also rising 7.3% from the previous month, according to the China Passenger Car Association (CPCA).

Jun. 8 , 2023
Gasgoo Daily: GAC Group sees auto sales in May jump 14.5% YoY
Gasgoo Daily: GAC Group sees auto sales in May jump 14.5% YoY

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

Jun. 7 , 2023
Anhui-based chip company Top Electronics closes Pre-A funding round
Anhui-based chip company Top Electronics closes Pre-A funding round

On June 7, Anhui Top Electronics Technology Co., Ltd. (“TOPE”), a Chinese chip developer based in Anhui province, announced the completion of a Pre-A funding round that raised nearly 100 million yuan.

Jun. 7 , 2023
SGMW, CETC Chip form strategic cooperation on chip R&D
SGMW, CETC Chip form strategic cooperation on chip R&D

A strategic cooperation agreement signing ceremony was held between SGMW and CETC Chip as the two parties had in-depth discussions on the development of the chip industry, corporate development, etc.

Jun. 7 , 2023