Market & Industry
Chinese steering system supplier DECO nabs nearly 100 million yuan in Series B financing
Chinese steering system supplier DECO nabs nearly 100 million yuan in Series B financing

DECO Automotive Co., Ltd. (“DECO”), a Chinese provider of intelligent driving steering systems, on Feb. 7 announced the completion of the B+ round financing, which raised for the company nearly 100 million yuan.

Feb. 8 , 2023
Great Wall Motor scores 25.47% YoY jump in Jan. 2023 overseas sales
Great Wall Motor scores 25.47% YoY jump in Jan. 2023 overseas sales

Affected by the New Year's Day and Chinese Spring Festival holidays, Great Wall Motor (“GWM”) sold 61,519 vehicles in Jan. 2023, representing a year-on-year plunge of 44.96%, the automaker announced on Tuesday.

Feb. 8 , 2023
Geely Automobile posts 9% YoY rise in Jan. 2023 export volume
Geely Automobile posts 9% YoY rise in Jan. 2023 export volume

Geely Automobile Holdings Limited (Geely Automobile) sold 103,452 vehicles in total in the first month of 2023, according to the company’s sales report issued on February 7.

Feb. 7 , 2023
Chinese battery maker CALB steps up cooperation with Shenzhen city
Chinese battery maker CALB steps up cooperation with Shenzhen city

CALB Co., Ltd., one of the main power battery suppliers in China, on Feb. 4 signed a framework agreement with the government of Futian district, Shenzhen city.

Feb. 6 , 2023
Gasgoo Daily: GAC-Stellantis (GAC FCA) terminates aftersales service for existing users
Gasgoo Daily: GAC-Stellantis (GAC FCA) terminates aftersales service for existing users

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Feb. 6 , 2023
Geely brand to launch new mid-to-high-end NEV series on Feb. 23
Geely brand to launch new mid-to-high-end NEV series on Feb. 23

Geely Auto Group will launch a new energy vehicle (NEV) strategy for its Geely brand on Feb. 23, the automaker announced last Saturday via its WeChat account.

Feb. 6 , 2023