News
Honorary President of SAE China Fu Yuwu awarded FISITA Medal
Honorary President of SAE China Fu Yuwu awarded FISITA Medal

Mr. Fu Yuwu, Honorary President of the SAE China (Society of Automotive Engineers of China) and the China Automotive Talents Society, was awarded the FISITA (International Federation of Automotive Engineering Societies) Medal on Oct. 19.

Oct. 19 , 2021
Gasgoo Daily: Xiaomi Automobile’s sole shareholder changed
Gasgoo Daily: Xiaomi Automobile’s sole shareholder changed

With Gasgoo Daily, we will offer daily important automotive news in China.

Oct. 19 , 2021
GAC's 1st FCV model put into trial operation on mobility service platform ON TIME
GAC's 1st FCV model put into trial operation on mobility service platform ON TIME

The AION LX Fuel Cell, the first fuel cell vehicle model of GAC Group, has been put into trial operation on the “ON TIME”, a GAC-invested mobility service platform, the Guangzhou-based auto giant announced on Monday.

Oct. 19 , 2021
Geely Automobile intends to acquire another 10% shares in ZEEKR
Geely Automobile intends to acquire another 10% shares in ZEEKR

Geely Auto entered into a framework agreement with Geely Group Limited on Oct. 18 for the proposal to acquire from the latter 220 million shares of ZEEKR, which represented around 10% of ZEEKR’s shares issued as of the agreement signing date.

Oct. 19 , 2021
360 to invest RMB2.9 billion to be second-largest shareholder of HOZON Auto
360 to invest RMB2.9 billion to be second-largest shareholder of HOZON Auto

China’s cybersecurity service provider, 360 Security Technology Inc., released a notice stating the company’s plan to invest RMB2.9 billion ($451 million) in HOZON Auto, the Chinese startup owning the EV brand NETA.

Oct. 19 , 2021
GAC, NIO-linked HYCAN’s 2nd model Z03 hits market, starting at 132,800 yuan after incentives
GAC, NIO-linked HYCAN’s 2nd model Z03 hits market, starting at 132,800 yuan after incentives

HYCAN announced on October 18 its second mass-produced model, the Z03, formally hit the market with four trim levels offered. Post-subsidies prices range from 132,800 yuan ($22,670) to 168,800 yuan ($26,270).

Oct. 19 , 2021