Market & Industry
Great Wall Motor forays into Omani auto market
Great Wall Motor forays into Omani auto market

Great Wall Motor (GWM) recently held the brand launch event in Oman, according to a press release the automaker issued on Feb. 22.

Feb. 23 , 2023
Haima Automobile signs MoU for car sales, KD assembly in Vietnam
Haima Automobile signs MoU for car sales, KD assembly in Vietnam

On Feb. 21, Chinese automobile manufacturer Hainan Haima Automobile Co., Ltd. and Carvivu, Haima's new distributor in Vietnam, signed an MoU (memorandum of understanding) for the cooperation intention on vehicle sale and assembly.

Feb. 22 , 2023
Gasgoo Daily: Wuling Motors projects annual net profit of 85 million yuan in 2022
Gasgoo Daily: Wuling Motors projects annual net profit of 85 million yuan in 2022

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. 22 , 2023
Gasgoo Daily: Foton Motor sees 11.3% YoY rise in export volume in Jan. 2023
Gasgoo Daily: Foton Motor sees 11.3% YoY rise in export volume in Jan. 2023

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. 21 , 2023
Chinese chassis-by-wire firm Trugo Tech closes Series A, A+ rounds
Chinese chassis-by-wire firm Trugo Tech closes Series A, A+ rounds

Shanghai Trugo Technology Co. Ltd. (“Trugo Tech”) today announced via its WeChat account it has completed its Series A and A+ financing rounds with over 100 million yuan ($14.547 million) raised in total.

Feb. 21 , 2023
BMW's Shenyang base celebrates 5 millionth vehicle rolling off production line
BMW's Shenyang base celebrates 5 millionth vehicle rolling off production line

On February 20, a brand new full-electric BMW i3 eDrive40L rolled off the production line at BMW iFACTORY in Tiexi, Shenyang, Liaoning Province, marking the production of the 5 millionth vehicle at BMW's Shenyang manufacturing base and the beginning

Feb. 21 , 2023