Market & Industry
Schaeffler, Leadrive reach cooperation on NEV electric drive system development
Schaeffler, Leadrive reach cooperation on NEV electric drive system development

German automotive supplier Schaeffler and Leadrive, a Shanghai-headquartered power modules and EV solutions provider, on Dec. 16 forged a strategic partnership to co-develop the next-generation electric drive solution for new energy vehicles (NEVs).

Dec. 17 , 2021
Chery Holding sets annual sales target of 1.5 million units for 2022
Chery Holding sets annual sales target of 1.5 million units for 2022

December 18th, 2021, marks the 22nd anniversary of the first Chery vehicle rolling off the production line. The automaker finds the day especially significant considering its prominent achievement this year.

Dec. 17 , 2021
Farasis Energy, Mercedes-Benz sign supplementary deal to deepen long-term supply tie-up
Farasis Energy, Mercedes-Benz sign supplementary deal to deepen long-term supply tie-up

Farasis Energy (GanZhou) Co.,Ltd. and its wholly-owned subsidiary Farasis Zhenjiang intend to sign with their major auto client Mercedes-Benz an agreement supplementing to a long-term battery supply deal.

Dec. 17 , 2021
China auto sales forecasted to reach 27.5 million units in 2022: CAAM
China auto sales forecasted to reach 27.5 million units in 2022: CAAM

China automobile sales are expected to reach 27.5 million units in 2022 with a 5.4% year-on-year growth, said Chen Shihua, deputy secretary-general of the China Association of Automobile Manufacturers (CAAM).

Dec. 16 , 2021
Car making newcomer I·T BOX introduces EVs for ride-sharing industry
Car making newcomer I·T BOX introduces EVs for ride-sharing industry

I·T BOX, a newcomer to the automaking industry, held a brand release ceremony on December 15th and introduced its first two EV models targeting ride-sharing market.

Dec. 16 , 2021
Gasgoo Daily: Webasto names new acting president for China operations
Gasgoo Daily: Webasto names new acting president for China operations

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

Dec. 15 , 2021