Market & Industry
SAIC Motor sees Q3 net profit drop 14.75% YoY
SAIC Motor sees Q3 net profit drop 14.75% YoY

In Q3, SAIC Motor's net profit attributable to shareholders reached 7.036 billion yuan ($1.101 billion), falling 14.75% compared to the year-ago period.

Oct. 29 , 2021
VOYAH to launch first electric MPV at the Guangzhou Auto show
VOYAH to launch first electric MPV at the Guangzhou Auto show

VOYAH, the premium EV brand of Dongfeng Motor, unveiled the body in white of the brand’s first MPV model during an automotive event in Tianjin City, and the vehicle was scheduled to debut at the Guangzhou Auto Show.

Oct. 29 , 2021
Former executive of chip developer Xilinx joins NIO as chief expert
Former executive of chip developer Xilinx joins NIO as chief expert

Hu Chengchen, former director of the Labs Aisa Pacific of Xilinx, the world's largest FPGA (Field Programmable Gate Array) chip developer, has joined Chinese EV startup NIO this month as chief expert and assistant to vice president, according to a lo

Oct. 29 , 2021
TikTok’s parent ByteDance builds car sales service subsidiary
TikTok’s parent ByteDance builds car sales service subsidiary

ByteDance, a Chinese social media titan operating several machine learning-enabled content platforms such as TikTok and Toutiao, recently established a car sales service subsidiary.

Oct. 27 , 2021
Gasgoo Daily: Chery teases 2022 Big Ant ahead of launching
Gasgoo Daily: Chery teases 2022 Big Ant ahead of launching

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.

Oct. 26 , 2021
FAW-Dongfeng-Changan ride-hailing platform T3 Mobility bags 7.7 billion yuan in Series A round
FAW-Dongfeng-Changan ride-hailing platform T3 Mobility bags 7.7 billion yuan in Series A round

T3 Mobility, the mobility service platform co-built by FAW Group, Dongfeng Motor, and Changan Auto, said on Oct. 26 it has nabbed 7.7 billion yuan ($1.206 billion) in the Series A funding.

Oct. 26 , 2021