Market & Industry
Geely kicks off satellite project in Taizhou, targets satellite deployment for commercial use
Geely kicks off satellite project in Taizhou, targets satellite deployment for commercial use

Geely Technology Group, the technology development arm of Zhejiang Geely Holding Group (Geely Holding), celebrated on Mar. 2 the first spade cut for a satellite R&D base in Taizhou, Zhejiang province.

Mar. 3 , 2020
China’s Vehicle Inventory Alert Index surges to 81.2% in Feb.
China’s Vehicle Inventory Alert Index surges to 81.2% in Feb.

China’s VIA (Vehicle Inventory Alert Index) stood at 81.2% in February, a month-on-month jump of 29.5 percentage points and a year-on-year leap of 27.7 percentage points, according to the China Automobile Dealers Association (CADA).

Mar. 3 , 2020
Former VW’s executive named as new president of Polestar China
Former VW’s executive named as new president of Polestar China

Premium EV brand Polestar announed on March 2 that Gao Hong has been named as the president of Polestart China, effective March 16, 2020.

Mar. 2 , 2020
CATL boasts 28.61% YoY hike in 2019 net profit attributable to shareholders
CATL boasts 28.61% YoY hike in 2019 net profit attributable to shareholders

Chinese battery titan CATL announced its full-year net profit attributable to shareholders reached RMB4,356,195,700 in 2019, surging 28.61% compared to the previous year.

Feb. 28 , 2020
CATL to pump up to RMB10 billion in a new Ningde-based lithium ion battery base
CATL to pump up to RMB10 billion in a new Ningde-based lithium ion battery base

CATL intends to set up a lithium ion battery production base at Cheliwan Pond in Ningde with RMB10 billion to be invested at most, the power battery giant announced on Feb. 26.

Feb. 27 , 2020
Review of China automakers' Jan. sales performance
Review of China automakers' Jan. sales performance

Gasgoo hereby summarized the Jan. sales volumes offered by nine mainstream automakers.

Feb. 25 , 2020