Market & Industry
Four Japanese automakers see two-digit drop in Aug. China sales amidst chip shortage
Four Japanese automakers see two-digit drop in Aug. China sales amidst chip shortage

Amid the industry-wide chip shortage, four Japanese automakers all logged double-digit decrease in their China sales last month.

Sep. 9 , 2021
Gasgoo Daily: BYD Chairman apologizes for slow delivery of DM-i models
Gasgoo Daily: BYD Chairman apologizes for slow delivery of DM-i models

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. 9 , 2021
GAC AION’s factory runs at full capacity despite chip crunch
GAC AION’s factory runs at full capacity despite chip crunch

GAC AION, NEV subsidiary wholly-owned by GAC Group, currently has ample orders for vehicle models of its entire product lineup and its factory is running at full capacity.

Sep. 9 , 2021
Parts shortage dents Great Wall Motor August sales
Parts shortage dents Great Wall Motor August sales

For the first eight months of this year, the automaker’s total sales amounted to 784,023 vehicles, jumping 39.29% from a year ago.

Sep. 9 , 2021
Changan Auto Aug. sales drop 7.19% MoM
Changan Auto Aug. sales drop 7.19% MoM

Changan Automobile sold 165,143 vehicles in August, down 2.52% year on year and dropped 7.19% month on month. In the first eight months, its cumulative sales raised 32.49% compared to last year, to over 1.5 million vehicles.

Sep. 9 , 2021
HUAWEI’s MDC supplier Huanyu Zhixing raises RMB50 million in A-round
HUAWEI’s MDC supplier Huanyu Zhixing raises RMB50 million in A-round

China’s autonomous driving start-up Wuhan Huanyu Zhixing Technology Co., Ltd., completed its A-round financing for RMB 50million from VeriSilicon Microelectronics, according to the corporate data platform Qichacha.

Sep. 8 , 2021