Market & Industry
August 2020 update: sales of Chinese mainstream automobile groups
August 2020 update: sales of Chinese mainstream automobile groups

Benefitting from the overall rising market climate, most automobile groups Gasgoo listed here achieved sales growth compared to the same period a year ago. It is noteworthy that many of them saw their Aug. sales climb at a double-digit rate.

Sep. 23 , 2020
Li Auto forms strategic partnership with NVIDIA, Desay SV
Li Auto forms strategic partnership with NVIDIA, Desay SV

The automaker will use NVIDIA's Orin on its full-size SUV model planned for 2022.

Sep. 22 , 2020
EV innovator WM Motor raises 10 bln yuan for D round financing
EV innovator WM Motor raises 10 bln yuan for D round financing

WM Motor announced on September 22 the completion of its Series D round financing, which raised 10 billion yuan ($1,472,862,000) in total, the highest-ever amount for a single round of fundraising launched by EV startups.

Sep. 22 , 2020
Geely Technology Group debuts intelligent battery swap station in Chongqing
Geely Technology Group debuts intelligent battery swap station in Chongqing

Geely Technology Group’s intelligent battery swap station made its debut on September 16, which will be put into operation in Chongqing Liangjiang New Area first, according to a posting on the company’s WeChat account.

Sep. 16 , 2020
Great Wall Motor's first fuel cell SUV to go into mass production in 2021
Great Wall Motor's first fuel cell SUV to go into mass production in 2021

Great Wall Motor (GWM)’s first fuel-cell SUV will be put into volume production in 2021, according to a local media report, as part of endeavors to accelerate its deployment of hydrogen fuel cell vehicles (FCVs).

Sep. 16 , 2020
Baidu Apollo receives China’s first permit for testing ICVs without safety driver
Baidu Apollo receives China’s first permit for testing ICVs without safety driver

Chinese Robotaxi operator Hunan Apollo Intelligent Transportation (Hunan Apollo) was permitted on Sept. 15 by Changsha regulators to test intelligent connected vehicles (ICVs) without any safety officer.

Sep. 16 , 2020