News
China’s locally-made PV retail sales anticipated to grow 11.2% YoY in Feb. 2022: CPCA
China’s locally-made PV retail sales anticipated to grow 11.2% YoY in Feb. 2022: CPCA

China's retail sales of locally-produced passenger vehicles (merely including cars, SUV, and MPVs) are anticipated to reach 1.3 million units in Feb. 2022, growing 11.2% year on year, according to the China Passenger Car Association (CPCA).

Feb. 25 , 2022
BMW Brilliance appoints Dr. Franz Decker as new CEO
BMW Brilliance appoints Dr. Franz Decker as new CEO

On February 25th, the board of BMW Brilliance announced that starting April 1st, 2022, Dr. Franz Decker, senior vice president of technology & manufacturing, will assume the position of president and CEO of BMW Brilliance after Dr. Johann Wieland.

Feb. 25 , 2022
Gasgoo Daily: Li Auto CTO resigns
Gasgoo Daily: Li Auto CTO resigns

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.

Feb. 25 , 2022
RoboSense said to score biggest LiDAR investment in history, led by Xiaomi
RoboSense said to score biggest LiDAR investment in history, led by Xiaomi

RoboSense, one of China’s leading LiDAR suppliers, is reportedly to finish the largest single investment round in the automotive LiDAR industry, possibly exceeding RMB2.4 billion ($379.3 million), a local media outlet reported.

Feb. 25 , 2022
Baolong Automotive Europe and Hungarian Ministry of Foreign Affairs and Trade announce signature of Incentive Agreement
Baolong Automotive Europe and Hungarian Ministry of Foreign Affairs and Trade announce signature of Incentive Agreement

This milestone is a major move for Baolong Automotive on its mission to gain higher market share in Europe.

Feb. 25 , 2022
Li Auto invests in power battery maker Sunwoda EVB
Li Auto invests in power battery maker Sunwoda EVB

Chinese power battery maker Sunwoda Electric Vehicle Battery Co., Ltd. (“Sunwoda EVB”) will increase capital by introducing 19 investors.

Feb. 25 , 2022