Market & Industry
Leapmotor lifts price of T03 with up to RMB6,600 increased
Leapmotor lifts price of T03 with up to RMB6,600 increased

On the last day of July, China’s new energy vehicle startup Leapmotor issued a price rise to its mainstay model, the T03, which has taken effect from August 1st.

Aug. 1 , 2022
NIO rumored to launch third brand targeting price range below 200,000 yuan
NIO rumored to launch third brand targeting price range below 200,000 yuan

NIO intends to launch another new brand following the existing NIO brand and the yet-to-be launched mass-market brand, which is reportedly code-named ALPS, according to a local media outlet.

Aug. 1 , 2022
Aiways brand-new electric model U6 starts presale
Aiways brand-new electric model U6 starts presale

China’s new energy vehicle startup Aiways, kicked off the presale of its brand-new SUV model, the U6, last week.

Aug. 1 , 2022
CAERI to pour 2.382 billion yuan in east China headquarters project
CAERI to pour 2.382 billion yuan in east China headquarters project

China Automotive Engineering Research Institute Co., Ltd. announced on July 28 its board of directors had approved to build its east China headquarters project with around 2.382 billion yuan ($353.177 million) to be invested.

Jul. 28 , 2022
Huawei launches Petal mobility service, kicks off preorder for AITO M5 EV
Huawei launches Petal mobility service, kicks off preorder for AITO M5 EV

Huawei-backed AITO brand kicked off the reservation of its first all-electric model, the M5 EV, with a refundable deposit of RMB1,000 upfront at Huawei’s launch event on July 27th.

Jul. 28 , 2022
Gasgoo Daily: Sokon Group to change stock abbreviation
Gasgoo Daily: Sokon Group to change stock abbreviation

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

Jul. 27 , 2022