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Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan
Farasis Energy’s 2021 net loss forecasted to widen to 1.1 billion yuan

Farasis Energy (GanZhou) Co., Ltd. forecasted on Jan. 29 a net loss of 800 million yuan ($125.76 million) to 1.1 billion yuan ($173 million) attributable to shareholders for the year of 2021.

Jan. 29 , 2022
XPeng, Li Auto surpass NIO by 2021 registrations
XPeng, Li Auto surpass NIO by 2021 registrations

The top 6 China’s indigenous NEV startups all recorded highest-ever monthly registrations in Dec. 2021.

Jan. 28 , 2022
Gasgoo Daily: Li Auto adds 5 new delivery centers in January
Gasgoo Daily: Li Auto adds 5 new delivery centers in January

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.

Jan. 28 , 2022
Former Pony.ai executives’ autonomous truck startup completes Angel round
Former Pony.ai executives’ autonomous truck startup completes Angel round

Recently, a local commercial vehicle autonomous driving startup, Qingtian Truck, announced that it had completed an Angel round of investment, raising tens of millions of dollars from 5Y Capital.

Jan. 28 , 2022
China imported PV deliveries drop 6.1% YoY in 2021
China imported PV deliveries drop 6.1% YoY in 2021

For the year of 2021, there were 939,109 imported passenger vehicles (PVs) delivered across China, representing a 6.1% decrease year-over-year, according to the Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

Jan. 28 , 2022
China's vehicle insurance registrations up by 6.6% YoY in 2021
China's vehicle insurance registrations up by 6.6% YoY in 2021

The annual registration volume of last year managed to grow 6.57% from a year earlier to 20,270,073 vehicles.

Jan. 27 , 2022