Market & Industry
Haima expects narrowed year-to-date loss
Haima expects narrowed year-to-date loss

Its loss for the first three quarters is forecasted to decrease from RMB234.49 million of last year to a range of RMB153 million to RMB178 million.

Oct. 15 , 2021
Great Wall Motor adds motorcycle manufacturing, sales into business scope
Great Wall Motor adds motorcycle manufacturing, sales into business scope

Great Wall Motor Company Limited (GWM), Chinese biggest SUV and pickup manufacturer, saw its registered capital rise 0.65% to about 9.236 billion yuan ($1.435 billion) on October 12, according to Tianyancha.

Oct. 14 , 2021
Bosch invests in China’s intelligent vehicle chassis developer U Power
Bosch invests in China’s intelligent vehicle chassis developer U Power

Bosch entered into a strategic agreement with China’s intelligent EV technology startup, U Power, with funds invested through its subsidiary venture capital, U Power announced today.

Oct. 14 , 2021
SAIC Motor’s new trademark likely to be Chinese name of R Auto
SAIC Motor’s new trademark likely to be Chinese name of R Auto

SAIC Motor has filed the application for two trademarks “SAIC Feifan” and “Feifan”, which are awaiting substantive review, according to the Trademark Office of China National Intellectual Property Administration.

Oct. 14 , 2021
Faraday Future’s Jia Yueting sued by State Grid branch
Faraday Future’s Jia Yueting sued by State Grid branch

Billionaire Jia Yueting, the founder of Faraday Future Intelligent Electric Inc., is facing another financial lawsuit filed by Yingda Capital Management Co., Ltd., according to the Chinese corporate registry platform Qichacha.

Oct. 13 , 2021
Gasgoo Daily: Tesla annual vehicle production to reach 20 million vehicles
Gasgoo Daily: Tesla annual vehicle production to reach 20 million vehicles

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Oct. 13 , 2021