Market & Industry
Great Wall Motor adds motorcycle manufacturing, sales into business scope
Great Wall Motor adds motorcycle manufacturing, sales into business scope

Great Wall Motor Company Limited (GWM), Chinese biggest SUV and pickup manufacturer, saw its registered capital rise 0.65% to about 9.236 billion yuan ($1.435 billion) on October 12, according to Tianyancha.

Oct. 14 , 2021
Bosch invests in China’s intelligent vehicle chassis developer U Power
Bosch invests in China’s intelligent vehicle chassis developer U Power

Bosch entered into a strategic agreement with China’s intelligent EV technology startup, U Power, with funds invested through its subsidiary venture capital, U Power announced today.

Oct. 14 , 2021
Four Japanese carmakers post two-digit YoY drop in Sept. China sales amid chip crunch
Four Japanese carmakers post two-digit YoY drop in Sept. China sales amid chip crunch

Japanese automakers Toyota Motor Corporation, Honda Motor Co.,Ltd., Nissan Motor Co.,Ltd., and Mazda Motor Corporation all posted two-digit year-on-year decline in their China sales in September.

Oct. 14 , 2021
Faraday Future’s Jia Yueting sued by State Grid branch
Faraday Future’s Jia Yueting sued by State Grid branch

Billionaire Jia Yueting, the founder of Faraday Future Intelligent Electric Inc., is facing another financial lawsuit filed by Yingda Capital Management Co., Ltd., according to the Chinese corporate registry platform Qichacha.

Oct. 13 , 2021
Gasgoo Daily: Tesla annual vehicle production to reach 20 million vehicles
Gasgoo Daily: Tesla annual vehicle production to reach 20 million vehicles

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Oct. 13 , 2021
General Motors Q3 China sales drop, only Wuling sales growing
General Motors Q3 China sales drop, only Wuling sales growing

Wuling was the only brand with year-on-year growth in the quarter.

Oct. 13 , 2021