Market & Industry
Hesai Technology inaugurates European office in Stuttgart, Germany
Hesai Technology inaugurates European office in Stuttgart, Germany

Chinese LiDAR maker, Hesai Technology, officially inaugurated its European office in Stuttgart, Germany on May 11. This move is aimed at expanding Hesai's presence in the European market and accelerating its global strategic layout.

May 11 , 2023
China's auto output, sales encounter MoM downturn in Apr. 2023
China's auto output, sales encounter MoM downturn in Apr. 2023

In April 2023, the Chinese automotive market witnessed a significant year-on-year growth in production and sales, mainly due to the low base effect from the same period last year.

May 11 , 2023
China’s power battery installed capacity in Apr. 2023 surges YoY, but drops MoM
China’s power battery installed capacity in Apr. 2023 surges YoY, but drops MoM

In Apr. 2023, China's power battery output reached 47GWh, jumping 38.7% year on year, but dipping 8.3% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

May 11 , 2023
Changan Automobile boasts 57.23% YoY leap in Apr. 2023 sales
Changan Automobile boasts 57.23% YoY leap in Apr. 2023 sales

In April 2023, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) posted a double-digit year-on-year surge in monthly sales.

May 11 , 2023
Gasgoo Daily: Li Auto forecasts up to 196.1% YoY surge in Q2 2023 revenue
Gasgoo Daily: Li Auto forecasts up to 196.1% YoY surge in Q2 2023 revenue

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

May 10 , 2023
China to implement China VI b vehicle emission standards nationwide from July 1, 2023
China to implement China VI b vehicle emission standards nationwide from July 1, 2023

Starting from July 1, 2023, China will implement an upgraded version of vehicle emission standards, the China VI b, nationwide, according to a document released on the website of China’s Ministry of Ecology and Environment.

May 10 , 2023