Market & Industry
GAC Group aims to elevate 2022 annual sales volume by 15% YoY
GAC Group aims to elevate 2022 annual sales volume by 15% YoY

GAC Group released its 2021 annual production and sales performance projection on December 23rd, which will both hit the 2-million-unit mark.

Dec. 24 , 2021
Gasgoo Daily: BYD Han said to debut convertible model
Gasgoo Daily: BYD Han said to debut convertible model

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. 23 , 2021
HUAWEI introduces first AITO vehicle starting from $39,250
HUAWEI introduces first AITO vehicle starting from $39,250

On December 23rd, China’s ICT mogul, HUAWEI, introduced the AITO M5 (M5) mid-size SUV, co-developed with its automaking partner, SERES.

Dec. 23 , 2021
Lear, Great Wall Motor inks strategic cooperation MOU
Lear, Great Wall Motor inks strategic cooperation MOU

China’s major automaker, Great Wall Motor, announced that it had signed a strategic cooperation memorandum of understanding with the world-leading automotive supplier, Lear.

Dec. 22 , 2021
CATL leads 5mln yuan C round in Chinese drive-by-wire supplier NASN
CATL leads 5mln yuan C round in Chinese drive-by-wire supplier NASN

Shanghai NASN Automotive Electronics Co. Ltd. recently announced it has raised 500 million yuan ($78.465 million) in the Series C funding, which was led by the investors like CATL, BOCGI, CMG-SDIC Capital, and GL Ventures.

Dec. 22 , 2021
CATL’s battery manufacturing base in Fuding, Ningde begins production
CATL’s battery manufacturing base in Fuding, Ningde begins production

On Dec. 21, the No.2 workshop at CATL’s Fuding lithium battery manufacturing base first phase was put into operation, according to a local media outlet, meaning the battery giant’s largest single lithium-ion battery base officially began production.

Dec. 22 , 2021