Market & Industry
Ford Motor sees China sales in 2021 grow 3.7% YoY
Ford Motor sees China sales in 2021 grow 3.7% YoY

Ford Motor sold nearly 625,000 new vehicles in China through 2021, representing a year-on-year growth of 3.7%, the U.S.-based automaker said on Jan. 14.

Jan. 14 , 2022
Gasgoo Daily: BYD wins the bid for lithium extraction project in Chile
Gasgoo Daily: BYD wins the bid for lithium extraction project in Chile

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

Jan. 13 , 2022
Restructuring application of Renault Brilliance Jinbei Auto accepted by court
Restructuring application of Renault Brilliance Jinbei Auto accepted by court

The application of the restructuring of Renault Brilliance Jinbei Automotive Company Limited was accepted by the Shenyang Intermediate People's Court on Jan. 12th.

Jan. 13 , 2022
China auto sales up 3.8% YoY in 2021
China auto sales up 3.8% YoY in 2021

For the whole year of 2021, China produced 26.082 million vehicles, up by 3.4% year over year while the market sold 26.275 million vehicles last year, up by 3.8% from a year ago, according to the China Association of Automobile Manufacturers (CAAM).

Jan. 12 , 2022
China’s car parc amounts to 302 million units by end of 2021
China’s car parc amounts to 302 million units by end of 2021

China's motor vehicle parc amounted to roughly 395 million units by the end of Dec. 2021, of which 302 million units were automobiles, according to China's Ministry of Public Security (MPS).

Jan. 12 , 2022
Xiaomi-backed investment fund invests in strategic round of NEV parts supplier EVTECH
Xiaomi-backed investment fund invests in strategic round of NEV parts supplier EVTECH

EVTECH announced earlier this week it has nabbed over 100 million yuan ($15.689 million) in a strategic financing round supported by Hubei Xiaomi Yangtze River Industry Investment Fund Partners (Limited Partnership).

Jan. 12 , 2022