Market & Industry
Shenzhen issues measures to boost automobile consumption
Shenzhen issues measures to boost automobile consumption

South China's metropolis of Shenzhen has released a slew of measures to spur automobile sales, according to a governmental document posted on the official website of Shenzhen's municipal government.

May 26 , 2022
Dongfeng, Nissan joint venture DFL said to transfer control right of light truck subsidiary
Dongfeng, Nissan joint venture DFL said to transfer control right of light truck subsidiary

Dongfeng Motor Company Limited (DFL) is undergoing a share transfer process which will affect its right of control, according to an announcement from DFL’s subsidiary Dongfeng Automobile Company (DFAC) on May 25th.

May 26 , 2022
Changzhou CTW Electronics completes A round funding
Changzhou CTW Electronics completes A round funding

Changzhou CTW Electronics Co., Ltd. (“CTW”), a Chinese supplier of connectors, antennas and cable assembly products, recently closed its Series A financing with tens of millions of yuan raised, according to a post on the company's WeChat account.

May 25 , 2022
Car and City: Leapmotor Apr. registrations top NIO, Li Auto
Car and City: Leapmotor Apr. registrations top NIO, Li Auto

In the fourth month of 2022, Leapmotor, China’s new energy vehicle (NEV) startup who has recently filed for an IPO in Hong Kong, registered more vehicles than NIO and Li Auto.

May 24 , 2022
China’s locally-made PV retail sales anticipated to drop 19% YoY in May 2022: CPCA
China’s locally-made PV retail sales anticipated to drop 19% YoY in May 2022: CPCA

China's passenger vehicle (“PV”) retail sales are anticipated to reach 1.32 million units in May 2022, sliding roughly 19% compared to the previous year, according to the China Passenger Car Association (CPCA).

May 24 , 2022
Gasgoo Daily: CATL’S CPO predicts sales ban of oil-fueled cars by 2035
Gasgoo Daily: CATL’S CPO predicts sales ban of oil-fueled cars by 2035

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.

May 24 , 2022