BAIC Investment and Hyundai Motor have entered into an agreement to jointly inject capital of around $942.2 million in their joint venture Beijing Hyundai, according to an announcement issued on March 18 by BAIC Motor, the parent of BAIC Investment.
Mar. 21 , 2022In February 2022, NIO's new vehicle registrations stood at 5,664 units, sliding 1.3% from the previous year, while also tumbling 44.4% from the previous month, according to the data compiled by GARI.
Mar. 21 , 2022With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.
Mar. 18 , 2022China’s automotive chip supplier, SemiDrive has partnered with Arm China to develop next-generation automotive electronic and electrical architecture products, the chip maker announced on March 18th.
Mar. 18 , 2022Sunwoda EVB will sign an agreement with the government of Shifang, a county-level city of China’s Sichuan province, for a power battery manufacturing project.
Mar. 18 , 2022HOZON Auto announced on March 18 it has lifted prices of several models by 3,000 yuan ($470) to 5,000 yuan ($790) due to multiple factors like the increase in prices of raw materials and supply constraints.
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