Market & Industry
Gasgoo Daily: Meituan Dache’s affiliate firm sets up subsidiary in Beijing
Gasgoo Daily: Meituan Dache’s affiliate firm sets up subsidiary in Beijing

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

Oct. 20 , 2021
Huawei, VW reported to form joint venture to develop autonomous driving technologies, but Huawei denied
Huawei, VW reported to form joint venture to develop autonomous driving technologies, but Huawei denied

China’s tech company Huawei and global automobile company Volkswagen Group plans to establish a joint venture to develop autonomous driving technologies

Oct. 20 , 2021
BMW China to acquire manufacturing unit of Brilliance Auto
BMW China to acquire manufacturing unit of Brilliance Auto

The publicity period of the deal starts from October 20 and ends at October 29.

Oct. 20 , 2021
GAC's 1st FCV model put into trial operation on mobility service platform ON TIME
GAC's 1st FCV model put into trial operation on mobility service platform ON TIME

The AION LX Fuel Cell, the first fuel cell vehicle model of GAC Group, has been put into trial operation on the “ON TIME”, a GAC-invested mobility service platform, the Guangzhou-based auto giant announced on Monday.

Oct. 19 , 2021
Geely Automobile intends to acquire another 10% shares in ZEEKR
Geely Automobile intends to acquire another 10% shares in ZEEKR

Geely Auto entered into a framework agreement with Geely Group Limited on Oct. 18 for the proposal to acquire from the latter 220 million shares of ZEEKR, which represented around 10% of ZEEKR’s shares issued as of the agreement signing date.

Oct. 19 , 2021
360 to invest RMB2.9 billion to be second-largest shareholder of HOZON Auto
360 to invest RMB2.9 billion to be second-largest shareholder of HOZON Auto

China’s cybersecurity service provider, 360 Security Technology Inc., released a notice stating the company’s plan to invest RMB2.9 billion ($451 million) in HOZON Auto, the Chinese startup owning the EV brand NETA.

Oct. 19 , 2021