Market & Industry
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
SAIC Motor expects annual CV unit revenue to top 100 billion yuan by 2025
SAIC Motor expects annual CV unit revenue to top 100 billion yuan by 2025

SAIC Motor aims to gain over 100 billion yuan of annual revenue from its commercial vehicle (CV) business by 2025, as part of the development plan the automaker sets for its CV unit arm in the 14th Five-Year Plan period.

Sep. 24 , 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
Faraday Future, Geely finish initial technical cooperation
Faraday Future, Geely finish initial technical cooperation

Faraday Future Intelligent Electric Inc. (FF) and Geely Holdings has made substantial progress in the initial phase of technology co-development, the California-based global shared intelligent mobility ecosystem company announced.

Sep. 22 , 2021