Market & Industry
Patent image of Geely’s all-new SUV code-named VF12 exposed
Patent image of Geely’s all-new SUV code-named VF12 exposed

Chinese automaker Geely is ready to launch an all-new SUV model code-named VF12 as part of its new product plan consisting of at least 5 all-new models for 2019, according to local media.

Apr. 22 , 2019
Summary: profitability of Chinese mainstream automakers in 2018
Summary: profitability of Chinese mainstream automakers in 2018

Gasgoo compiled financial data released by most Chinese major auto groups and found out that the growth rates of both revenue and net profit for most automakers listed here were less than that of the previous year.

Apr. 19 , 2019
FAW exhibits 20 models at Auto Shanghai 2019
FAW exhibits 20 models at Auto Shanghai 2019

FAW Group Corporation (FAW) is starting the 18th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2019) with three world premieres of Hongqi SUVs and whole product lineup of Hongqi and Bestune brands.

Apr. 19 , 2019
BAIC Group gains 3.7% year-on-year growth in Q1 sales
BAIC Group gains 3.7% year-on-year growth in Q1 sales

China’s stated-owned automaker BAIC Group announced that its revenue in the first quarter of the year reached RMB123.68 billion with a year-on-year increase of 11.6% and its quarterly profit rose 13.6%, outpacing the revenue growth.

Apr. 18 , 2019
CATL forges partnership with Huawei during Auto Shanghai 2019
CATL forges partnership with Huawei during Auto Shanghai 2019

Contemporary Amperex Technology Limited (CATL), Chinese leading power battery maker, signed a cooperation agreement with Huawei, a China-based global provider of ICT infrastructure and smart devices, on April 17 in Shanghai.

Apr. 18 , 2019