Uxin Limited on May 16 entered into a binding term sheet with affiliates of two existing shareholders, NIO Capital and Joy Capital (collectively, the “Investors”) for new financing business.
May 17 , 2022
SAIC-GM-Wuling (SGMW), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, on May 14 saw its first proprietary EPS (electric power steering) controller roll off the production line.
May 16 , 2022
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.
May 16 , 2022
Patent images of the AITO M7's all-wheel-drive version were recently released by China's MIIT. The M7, as the second model under the brand co-developed by HUAWEI and SERES, will hit the market this year.
May 13 , 2022
In the fourth month of 2022, the three Japanese automakers in China, namely Toyota Motor, Nissan Motor, and Honda Motor all saw their monthly sales dwindle year over year in the world’s largest auto market.
May 12 , 2022
Volkswagen Group China announced that its new subsidiary, Volkswagen (Anhui) Digitization Sales Service Co., Ltd., will soon be established.
May 12 , 2022