Market & Industry
Geely’s Li Shufu officially sets foot in premium smartphone industry
Geely’s Li Shufu officially sets foot in premium smartphone industry

Li Shufu, founder of China’s automaker Geely Auto, officially announced the establishment of a smart phone company on Tuesday, marking the foray into the phone business.

Sep. 28 , 2021
Geely’s pre-production commercial satellite comes off assembly line
Geely’s pre-production commercial satellite comes off assembly line

On September 27, a pre-production satellite rolled off the assembly line at Geely’s satellite manufacturing factory in Taizhou, Zhejiang province, marking the commencement of the scale production for Geely’s commercial satellites.

Sep. 27 , 2021
Bosch sets up new investment platform for Chinese market
Bosch sets up new investment platform for Chinese market

Bosch set up a new capital firm for deep science investment in China as part of its efforts to expand its business in the market, the biggest auto parts supplier announced today.

Sep. 27 , 2021
Gasgoo Daily: Li ONE’s cumulative sales total 81,773 vehicles
Gasgoo Daily: Li ONE’s cumulative sales total 81,773 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.

Sep. 26 , 2021
MOFCOM expects growth of 2021 auto sales in China
MOFCOM expects growth of 2021 auto sales in China

China’s annual vehicle sales in 2021 are expected to realize growth after falling for three consecutive years even though new vehicle sales have decreased for four months in a row from May this year, an MOCOM official said.

Sep. 26 , 2021
Tesla to expand investment in China, aids building of digitalized future
Tesla to expand investment in China, aids building of digitalized future

Elon Musk, CEO of the U.S.-based EV manufacturer Tesla, delivered an online speech on Sept. 26 at the opening of the World Internet Conference 2021, saying Tesla will continue to expand investment and R&D efforts in China.

Sep. 26 , 2021