Market & Industry
Volkswagen Group China soon to become Gotion High-Tech's biggest shareholder
Volkswagen Group China soon to become Gotion High-Tech's biggest shareholder

Gotion High-Tech announced on Monday will make a non-public issuance of 384,163,346 shares to Volkswagen (China) Investment Co.,Ltd.

Dec. 15 , 2021
BYD Semiconductor celebrates triumphant mass-production of 1200V power device driver chip
BYD Semiconductor celebrates triumphant mass-production of 1200V power device driver chip

The semiconductor developing arm of China’s renowned carmaker BYD, BYD Semiconductor, announced today that it has successfully developed and mass-produced a 1200V power device driver chip, supplying automakers in December.

Dec. 14 , 2021
Gasgoo Daily: Chery QQ Ice Cream to hit market soon
Gasgoo Daily: Chery QQ Ice Cream to hit market soon

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

Dec. 14 , 2021
VW increases stake in joint venture with JAC Group
VW increases stake in joint venture with JAC Group

China’s major automaker JAC Motors announced that it had completed a private offering with RMB2 billion raised.

Dec. 14 , 2021
China NEV sales to reach 3.4 million units in 2021: CAAM
China NEV sales to reach 3.4 million units in 2021: CAAM

China’s annual automobile sales volume may surpass 26 million vehicles in 2021, with 13% being new energy vehicles, according to Fu Bingfeng, the executive vice president and secretary-general of China Association of Automobile Manufacturers (CAAM),

Dec. 14 , 2021
Geely to set up automobile joint venture with Lifan Technology
Geely to set up automobile joint venture with Lifan Technology

Lifan Technology, the holding company owning China’s named motorcycle brand, Lifan Motorcycle, announced today that it will be setting up an automobile joint venture company with major automaker, Geely Automobile Holdings Limited (Geely Auto).

Dec. 13 , 2021