Market & Industry
Continental AG’s subsidiary breaks ground on new production facility in Jiading district, Shanghai
Continental AG’s subsidiary breaks ground on new production facility in Jiading district, Shanghai

On May 24, Continental Automotive Systems (Shanghai) Co., Ltd., a subsidiary of Continental AG, broke ground in Jiading district the fourth phase of its factory in Shanghai city, according to a post on Continental AG’s WeChat account.

May 25 , 2023
Polestar, Xingji Meizu said to seek capital collaboration
Polestar, Xingji Meizu said to seek capital collaboration

Polestar, the electric performance car brand jointly owned by Volvo Car Group and Zhejiang Geely Holding Group, is reportedly exploring a capital-level collaboration with Xingji Meizu.

May 24 , 2023
Chinese LiDAR maker Hesai Technology turns profitable in Q1 2023
Chinese LiDAR maker Hesai Technology turns profitable in Q1 2023

​Hesai Technology, a prominent Chinese LiDAR manufacturer, recently released its unaudited financial report for Q1 2023, showcasing a record-breaking quarterly revenue of $62.6 million, marking a substantial year-over-year increase of 73.0%.

May 24 , 2023
Gasgoo Daily: SAIC Motor’s 1st mass-produced solid-state-battery-powered model to roll off line in 2025
Gasgoo Daily: SAIC Motor’s 1st mass-produced solid-state-battery-powered model to roll off line in 2025

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

May 23 , 2023
Baidu, Shandong Provincial Department of Transportation ally on smart transportation construction
Baidu, Shandong Provincial Department of Transportation ally on smart transportation construction

On May 21, the Shandong Provincial Department of Transportation held a agreement signing ceremony with Beijing Baidu Netcom Science Technology Co., Ltd. (Baidu Netcom) in Jinan city, where they formed a strategic cooperation.

May 23 , 2023
GAC Energy, LynkVertx form strategic cooperation to promote V2G development
GAC Energy, LynkVertx form strategic cooperation to promote V2G development

On May 22, 2023, GAC Energy signed an agreement with LynkVertx Technology Co., Ltd. for their strategic for their strategic cooperation on V2G (vehicle-to-grid) technology development and applications.

May 23 , 2023