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JAC Group scores 40% jump in net profit in 2021
JAC Group scores 40% jump in net profit in 2021

In 2021, local automaker JAC Group managed a 40% jump in net profit, compared to the previous year, according to its 2021 annual financial report released on March 25th.

Mar. 25 , 2022
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results
NIO Inc. Reports Unaudited Fourth Quarter and Full Year 2021 Financial Results

NIO today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2021.

Mar. 25 , 2022
Gasgoo Daily: CATL’s first zero-emission battery factory settles in Sichuan
Gasgoo Daily: CATL’s first zero-emission battery factory settles in Sichuan

With 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. 24 , 2022
WeRide scores $400 million investment with $4.4 billion valuation
WeRide scores $400 million investment with $4.4 billion valuation

China’s autonomous driving startup, WeRide, recently closed its latest financing round, raising over $400 million, a local media outlet reported on March 23rd.

Mar. 24 , 2022
SKYWORTH Auto’s HT-i adopts BYD’s DM-i super hybrid system
SKYWORTH Auto’s HT-i adopts BYD’s DM-i super hybrid system

Chinese vehicle startup SKYWORTH Auto released the images of an all-new model, dubbed HT-i, earlier this week. Reportedly, the model will be available for presale from April and is expected to hit the market in late August this year.

Mar. 24 , 2022