Market & Industry
JIDU reportedly sets up holding company in HK for foreign financing
JIDU reportedly sets up holding company in HK for foreign financing

Baidu and Geely’s joint auto brand, JIDU, has reportedly established a holding company in Hong Kong for its two Chinese mainland entities, a person close to the matter disclosed to a local media outlet.

Jul. 1 , 2022
Dongfeng Peugeot Citroen H1 sales jump 39% YoY
Dongfeng Peugeot Citroen H1 sales jump 39% YoY

In June, Dongfeng Peugeot Citroen Automobile (DPCA) achieved impressive momentum in its monthly sales, maintaining a positive growth for 19 consecutive months.

Jul. 1 , 2022
Gasgoo Daily: Geely’s methanol hybrid Emgrand hits market
Gasgoo Daily: Geely’s methanol hybrid Emgrand hits market

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.

Jun. 30 , 2022
Gasgoo Daily: Audi breaks ground on first NEV manufacturing base in China
Gasgoo Daily: Audi breaks ground on first NEV manufacturing base in China

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.

Jun. 29 , 2022
Leapmotor sees 100,000th vehicle roll off line
Leapmotor sees 100,000th vehicle roll off line

On June 28th, Leapmotor saw its 100,000th vehicle roll off the production line, making it the fifth new energy vehicle startup in China to achieve the milestone after NIO, XPeng, Li Auto, and HOZON Auto.

Jun. 29 , 2022
BYD pours RMB403 million in land for new energy vehicle industrial park
BYD pours RMB403 million in land for new energy vehicle industrial park

China’s major electric vehicle producer BYD has purchased the use right of an industrial purpose land in the Shen-Shan Special Cooperation Zone, according to the announcement by Shenzhen’s public resource trading center.

Jun. 29 , 2022