Market & Industry
China’s SVOLT to pour 15 billion yuan in 40GWh NEV battery project in Changzhou
China’s SVOLT to pour 15 billion yuan in 40GWh NEV battery project in Changzhou

On October 9, SVOLT Energy Technology Co., Ltd. entered into a cooperation agreement with the government of Jintan District, Changzhou City for a power battery manufacturing project.

Oct. 11 , 2021
ARCFOX opens first direct delivery center in Beijing
ARCFOX opens first direct delivery center in Beijing

Premium EV brand of BAIC Group, ARCFOX witnessed the grand opening of its first direct distribution center in Beijing, also the 78th delivery center in the country.

Oct. 11 , 2021
SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%
SAIC Motor’s auto sales fall 14.36% YoY in Sept., while NEV sales surge 61.3%

SAIC Motor said its new vehicle sales reached 515,804 units last month, dropping 14.36% compared to the previous year. As of Sept. 2021, the Shanghai-based auto giant had posted year-on-year sales decline for the fifth month in a row.

Oct. 11 , 2021
Gasgoo Daily: Foton Sept. sales down by 28.74% YoY
Gasgoo Daily: Foton Sept. sales down by 28.74% YoY

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. 9 , 2021
Dongfeng commercial vehicle subsidiary Sept. sales down 8% YoY
Dongfeng commercial vehicle subsidiary Sept. sales down 8% YoY

The commercial vehicle arm of Dongfeng Motor Group, Dongfeng Automobile Co., Ltd. (DFAC), saw a decline in its September auto sales compared to last year, and sales result of its joint venture engine manufacturer also plummeted.

Oct. 9 , 2021
Geely builds wholly-owned industrial investment subsidiary
Geely builds wholly-owned industrial investment subsidiary

Zhejiang Geely Holding Group recently founded an industrial investment subsidiary, whose business scope covers sales of new energy vehicles.

Oct. 9 , 2021