Market & Industry
China imported PV deliveries grow 10.2% YoY in first 8 months
China imported PV deliveries grow 10.2% YoY in first 8 months

For the first eight months of 2021, there were 660,723 imported passenger vehicles (PVs) delivered across China, representing a 10.2% growth year-over-year.

Sep. 24 , 2021
Geely Founder Li Shufu reported to make foray into smartphone business
Geely Founder Li Shufu reported to make foray into smartphone business

Li Shufu, Founder and chairman of China’s major auto group Geely, is reported to set foot in the smartphone industry, according to Caijing.com, a local media outlet.

Sep. 24 , 2021
Ride-hailing platform T3 to complete new investment round of over RMB5 billion
Ride-hailing platform T3 to complete new investment round of over RMB5 billion

China’s ride-hailing platform T3 is reportedly finishing up a new round of financing worth over RMB5 billion led by CITIC Group. The company will be granted at least RMB2 billion in line of credit, sources inside the company told local media outlets.

Sep. 24 , 2021
Xpeng delivers 50,000 P7s in 15 months
Xpeng delivers 50,000 P7s in 15 months

China’s EV startup Xpeng delivered 50,000 vehicles of its intelligent sport-sedan, the P7, in fifteen months, shattering the record of Chinese startups’ single model delivery speed, according to the results released by the automaker today.

Sep. 23 , 2021
Gasgoo Daily: Huawei expects over 20% new vehicles with autonomous functions by 2030
Gasgoo Daily: Huawei expects over 20% new vehicles with autonomous functions by 2030

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. 22 , 2021
Lynk & Co 09 starts at 270,000 yuan in presale
Lynk & Co 09 starts at 270,000 yuan in presale

The Lynk & Co 09, the new SUV model under Chinese car marque Lynk & Co, rolled off the production line a few days ago with its presale prices unveiled at the same time.

Sep. 22 , 2021