Market & Industry
Stellantis intends to terminate joint venture with GAC Group
Stellantis intends to terminate joint venture with GAC Group

Stellantis, one of the world's leading automakers and a mobility service provider, announced on July 18 the plan to focus on distributing imported vehicles for the Jeep brand in China through an asset-light approach.

Jul. 18 , 2022
BAIC Motor to subscribe for at least 35.99% of BAIC BluePark's new A-shares
BAIC Motor to subscribe for at least 35.99% of BAIC BluePark's new A-shares

BAIC Motor Corporation (BAIC Motor) announced that, on July 15th, the company and BAIC BluePark, an A-share listed subsidiary of the group, entered into the share subscription agreement to subscribe for no less than 35.99% of the total number of new

Jul. 18 , 2022
Huawei-powered ARCFOX αS HI kicks off mass delivery
Huawei-powered ARCFOX αS HI kicks off mass delivery

The new Huawei technology-powered ARCFOX αS HI kicked off large-scale delivery at its Bluepark Magna production base in Zhenjiang, Jiangsu Province, on July 16th.

Jul. 18 , 2022
Xiaomi’s prototype car said to be unveiled in Aug., Xiaomi: “Untrue”
Xiaomi’s prototype car said to be unveiled in Aug., Xiaomi: “Untrue”

Xiaomi’s engineering prototype vehicle is reportedly expecting unveiling at an open event in August by the CEO of Xiaomi, Lei Jun, local media outlet Sina Tech disclosed on July 15th.

Jul. 15 , 2022
Gasgoo Daily: BYD reportedly plans to develop proprietary autonomous driving-dedicated chips
Gasgoo Daily: BYD reportedly plans to develop proprietary autonomous driving-dedicated chips

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

Jul. 15 , 2022
Great Wall Motor’s H1 2022 net profit expected to leap 50.2%-67.2% YoY
Great Wall Motor’s H1 2022 net profit expected to leap 50.2%-67.2% YoY

Great Wall Motor said earlier this week it expected to gain a net profit attributable to shareholders of 5.3 billion yuan-5.9 billion yuan ($785.802 million-$874.761 million) for the first half of 2022, rising 50.2%-67.2% YoY.

Jul. 15 , 2022