Market & Industry
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
Chinese power chip designer Marching Power closes 500 mln yuan Series C round
Chinese power chip designer Marching Power closes 500 mln yuan Series C round

Chinese power chip designer Marching Power announced on Dec. 16 it has secured over 500 million yuan ($78.51 million) in the Series C round, which was led by CDH Investments.

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
Farasis Energy, Mercedes-Benz sign supplementary deal to deepen long-term supply tie-up
Farasis Energy, Mercedes-Benz sign supplementary deal to deepen long-term supply tie-up

Farasis Energy (GanZhou) Co.,Ltd. and its wholly-owned subsidiary Farasis Zhenjiang intend to sign with their major auto client Mercedes-Benz an agreement supplementing to a long-term battery supply deal.

Dec. 17 , 2021