Market & Industry
Dongfeng Motor officially withdraws from Dongfeng Yueda Kia
Dongfeng Motor officially withdraws from Dongfeng Yueda Kia

Dongfeng Motor Corporation’s formerly reported transfer of its 25% stake in Dongfeng Yueda Kia, its joint venture with South Korea’s Kia Motors and China’s Yueda Group was completed, according to Shanghai United Assets and Equity Exchange (SUAEE).

Dec. 20 , 2021
Car and City: Shanghai's insurance registrations of new vehicles in Oct. 2021
Car and City: Shanghai's insurance registrations of new vehicles in Oct. 2021

Among the homebred PVs registered in Shanghai in Oct., 17,139 units were new energy vehicles (NEVs), representing a 68.8% surge compared to the year-ago period, according to the CBIRC.

Dec. 17 , 2021
Gasgoo Daily: Li Auto incorporates new sales company in Luoyang
Gasgoo Daily: Li Auto incorporates new sales company in Luoyang

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. 17 , 2021
Li Auto forms framework agreement with Chongqing government
Li Auto forms framework agreement with Chongqing government

China’s auto startup, Li Auto, has inked a strategic partnership framework agreement with the municipal government of Chongqing.

Dec. 17 , 2021
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