Market & Industry
China imported PV deliveries drop 6.1% YoY in 2021
China imported PV deliveries drop 6.1% YoY in 2021

For the year of 2021, there were 939,109 imported passenger vehicles (PVs) delivered across China, representing a 6.1% decrease year-over-year, according to the Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

Jan. 28 , 2022
China's vehicle insurance registrations up by 6.6% YoY in 2021
China's vehicle insurance registrations up by 6.6% YoY in 2021

The annual registration volume of last year managed to grow 6.57% from a year earlier to 20,270,073 vehicles.

Jan. 27 , 2022
Gasgoo Daily: SAIC Motor sets up joint fund for local automotive chip
Gasgoo Daily: SAIC Motor sets up joint fund for local automotive chip

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.

Jan. 27 , 2022
Baidu, Geely invest $400 million in JIDU's A financing round
Baidu, Geely invest $400 million in JIDU's A financing round

On January 26th, Baidu’s JIDU announced that it had completed A round of financing, raising nearly $400 million from its parent companies, Baidu and Geely Holding.

Jan. 26 , 2022
Gasgoo Daily: Wang Fengying resigns as Great Wall Motor’s vice chairwoman
Gasgoo Daily: Wang Fengying resigns as Great Wall Motor’s vice chairwoman

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.

Jan. 25 , 2022
Su Jing said to leave Huawei's automotive solution BU
Su Jing said to leave Huawei's automotive solution BU

The head of Huawei's Intelligent Automotive Solution Business Unit (BU), Su Jing, is reportedly leaving the company before Chinese New Year, according to a local media outlet.

Jan. 25 , 2022