Market & Industry
CATL to set up cathode material joint venture with subsidiary
CATL to set up cathode material joint venture with subsidiary

Chinese battery provider CATL and its subsidiary Guangdong Brunp Recycling Technology Co., Ltd. (Brunp Recycling) plan to build a joint venture focusing on cathode materials, the battery manufacturer announced on September 2.

Sep. 3 , 2019
Summary of ten Chinese OEMs’ profitability for first-half 2019
Summary of ten Chinese OEMs’ profitability for first-half 2019

Here and now Gasgoo rounded up the revenue and profit reported by the ten OEMs to see who is weaker or stronger during the tough days.

Sep. 3 , 2019
Evergrande attains intellectual property of chassis architecture 3.0 from BENTELER, FEV
Evergrande attains intellectual property of chassis architecture 3.0 from BENTELER, FEV

Evergrande New Energy Automotive Group, the NEV arm of Evergrande Group, fully got the intellectual property of the chassis architecture 3.0 from German’s auto parts suppliers BENTELER and FEV Group.

Sep. 2 , 2019
SAIC Motor posts decline in both first-half revenue, net profit
SAIC Motor posts decline in both first-half revenue, net profit

China’s largest automaker SAIC Motor reported double-digit year-on-year decrease in both first-half revenue and net profit attributable to shareholders amongst a prolonged downturn in China’s auto market.

Aug. 30 , 2019
Great Wall’s P-series passenger pickup to roll off production line soon
Great Wall’s P-series passenger pickup to roll off production line soon

GWM’s new P Series passenger pickup will roll off the production line at the plant in Yongchuan, Chongqing on August 30, the automaker said via its WeChat account, adding that the Yongchuan plant will be completed in the meantime.

Aug. 29 , 2019
Summary: premium auto brands’ sales in China for July 2019
Summary: premium auto brands’ sales in China for July 2019

Gasgoo compiled the sales data offered by eight mainstream premium vehicle manufacturers. All of them accomplished year-on-year growth in July sales. Except Jaguar Land Rover, the other seven all posted increase in year-to-date sales.

Aug. 29 , 2019