Market & Industry
Gasgoo Daily: Foton Motor projects around 64% YoY decrease in H1 2022 net profit
Gasgoo Daily: Foton Motor projects around 64% YoY decrease in H1 2022 net profit

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

Jul. 14 , 2022
BYD’s H1 2022 net profit forecasted to soar 138.59%-206.76% YoY
BYD’s H1 2022 net profit forecasted to soar 138.59%-206.76% YoY

BYD Company Limited announced on Thursday its net profit attributable to shareholders was anticipated to reach 2.8 billion yuan to 3.6 billion yuan ($416.017 million-$534.879 million) in the first half of 2022, surging 138.59% to 206.76% YoY.

Jul. 14 , 2022
Changan Automobile projects 189%-259% YoY soar in H1 net profit
Changan Automobile projects 189%-259% YoY soar in H1 net profit

Chinese automaker Changan Automobile forecasted glowing numbers in its business performance during the first six months of 2022, the auto group announced on July 14th.

Jul. 14 , 2022
Changan Automobile’s Yubei factory face temporary shutdown for upgrade
Changan Automobile’s Yubei factory face temporary shutdown for upgrade

Changan Automobile plans to replace its Yubei factory located in Chongqing, while initiating a green and intelligent upgrade project, according to the automaker’s announcement on July 12th.

Jul. 12 , 2022
Gasgoo Daily: ORA Ballet Cat to hit market tonight
Gasgoo Daily: ORA Ballet Cat to hit market tonight

The ORA Ballet Cat, a retro-inspired BEV model of Great Wall Motor, is to hit the market tonight. Offered in four trim levels, the model features a presale price range of 193,000 yuan to 223,000 yuan ($28,680-$33,130).

Jul. 12 , 2022
XPeng’s robot-dedicated affiliate bags over $100 million in Series A round
XPeng’s robot-dedicated affiliate bags over $100 million in Series A round

XPeng announced today its ecological chain member, XPeng Pengxing (formally known as "Pengxing Intelligence"), had signed an agreement for its Series A round with over $100 million raised.

Jul. 12 , 2022