Market & Industry
Roundup: March, first-quarter vehicle sales of Chinese major automotive groups
Roundup: March, first-quarter vehicle sales of Chinese major automotive groups

All of China’s major automotive groups achieved month-over month sales growth in March, but compared with the same month of last year, not all of them had sales increase.

Apr. 20 , 2022
Gotion High-Tech, Geely Holding's CV unit ink agreement for battery supply
Gotion High-Tech, Geely Holding's CV unit ink agreement for battery supply

Hefei Gotion High-Tech Power Energy Co.,Ltd. ("Hefei Gotion"), a wholly-owned subsidiary of Gotion High-Tech, and Zhejiang Geely New Energy Commercial Vehicle Group ("GCV") have signed a strategic cooperation agreement.

Apr. 20 , 2022
HUAWEI-powered AITO M5 sees price rise starting May 5th
HUAWEI-powered AITO M5 sees price rise starting May 5th

On April 20th, the HUAWEI- and SERES-backed new energy vehicle brand AITO released an announcement of price lifts and an upcoming trim regarding its M5 model.

Apr. 20 , 2022
China's AI chip startup HOUMO.AI closes Pre-A+ round
China's AI chip startup HOUMO.AI closes Pre-A+ round

China’s AI chip developer HOUMO.AI recently closed its Pre-A+ financing round, raising hundreds of millions of yuan.

Apr. 19 , 2022
BYD’s net profit forecasted to surge 174%-300% YoY in Q1 2022
BYD’s net profit forecasted to surge 174%-300% YoY in Q1 2022

BYD announced on Monday its quarterly net profitable attributable to shareholders was forecasted to reach 650 million-950 million yuan ($102.022 million-149.108 million) in the first quarter of 2022, rocketing 174%-300% YoY.

Apr. 19 , 2022
Gasgoo Daily: CATL, Yinbang Clad Material sign MoU
Gasgoo Daily: CATL, Yinbang Clad Material sign MoU

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

Apr. 18 , 2022