Market & Industry
CATL boasts 28.61% YoY hike in 2019 net profit attributable to shareholders
CATL boasts 28.61% YoY hike in 2019 net profit attributable to shareholders

Chinese battery titan CATL announced its full-year net profit attributable to shareholders reached RMB4,356,195,700 in 2019, surging 28.61% compared to the previous year.

Feb. 28 , 2020
CATL to pump up to RMB10 billion in a new Ningde-based lithium ion battery base
CATL to pump up to RMB10 billion in a new Ningde-based lithium ion battery base

CATL intends to set up a lithium ion battery production base at Cheliwan Pond in Ningde with RMB10 billion to be invested at most, the power battery giant announced on Feb. 26.

Feb. 27 , 2020
Review of China automakers' Jan. sales performance
Review of China automakers' Jan. sales performance

Gasgoo hereby summarized the Jan. sales volumes offered by nine mainstream automakers.

Feb. 25 , 2020
Geely’s BMA-based ICON hit the market with price starting RMB115,800
Geely’s BMA-based ICON hit the market with price starting RMB115,800

Geely ICON, Geely Auto’s second BMA (B-segment Modular Architecture)-based SUV, will hit the market on Feb. 24 through a live-streaming platform, the automaker announced via its WeChat account.

Feb. 24 , 2020
Great Wall Motor sees net profit drop in 2019, while surge in second-half
Great Wall Motor sees net profit drop in 2019, while surge in second-half

Great Wall Motor (GWM), China’s biggest SUV and pickup manufacturer, announced its full-year gross revenue reached RMB96.455 billion in 2019, edging down 2.8% compared to the previous year.

Feb. 21 , 2020
Guangzhou, Shenzhen encouraged to increase quotas of car license plate lottery
Guangzhou, Shenzhen encouraged to increase quotas of car license plate lottery

Guangdong provincial government will push eligible regions to launch the subsidy policies for promoting the scrapping and replacement of old and used motor vehicles, according to a governmental file issued on Feb. 21.

Feb. 21 , 2020