Market & Industry
Parts shortage dents Great Wall Motor August sales
Parts shortage dents Great Wall Motor August sales

For the first eight months of this year, the automaker’s total sales amounted to 784,023 vehicles, jumping 39.29% from a year ago.

Sep. 9 , 2021
Changan Auto Aug. sales drop 7.19% MoM
Changan Auto Aug. sales drop 7.19% MoM

Changan Automobile sold 165,143 vehicles in August, down 2.52% year on year and dropped 7.19% month on month. In the first eight months, its cumulative sales raised 32.49% compared to last year, to over 1.5 million vehicles.

Sep. 9 , 2021
HUAWEI’s MDC supplier Huanyu Zhixing raises RMB50 million in A-round
HUAWEI’s MDC supplier Huanyu Zhixing raises RMB50 million in A-round

China’s autonomous driving start-up Wuhan Huanyu Zhixing Technology Co., Ltd., completed its A-round financing for RMB 50million from VeriSilicon Microelectronics, according to the corporate data platform Qichacha.

Sep. 8 , 2021
Dongfeng to sell 1.15% stake in Stellantis
Dongfeng to sell 1.15% stake in Stellantis

The shares, priced at 16.65 euros per share, accounts for 1.15% of the company which resulted from FCA and PSA merger.

Sep. 8 , 2021
Hesai partners with Black Sesame to promote autonomous driving commercialization
Hesai partners with Black Sesame to promote autonomous driving commercialization

Hesai Technology, China’s advanced laser radar manufacturer, has officially entered into a strategic partnership with Black Sesame Technologies, a Shanghai headquartered AI company focusing on autonomous driving computing solutions.

Sep. 8 , 2021
GAC FCA said to close Guangzhou plant
GAC FCA said to close Guangzhou plant

GAC FCA, Stellantis N.V.’s Chinese joint venture with GAC Group, will halt work at its Guangzhou-based factory by next March.

Sep. 8 , 2021