News
China-made Volkswagen ID.3 to hit market on Oct. 22
China-made Volkswagen ID.3 to hit market on Oct. 22

The China-made Volkswagen ID.3, the third model of Volkswagen’s ID. series introduced to the world’s largest auto market, will hit the market on Oct. 22, according to SAIC Volkswagen.

Oct. 20 , 2021
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
XPeng's flying car firm banks $500 mln in Series A funding
XPeng's flying car firm banks $500 mln in Series A funding

Shanghai (Gasgoo)- XPeng Huitian, the electric flying car company owned by XPeng Motors, announced on Oct. 19 it nabbed over $500 million in the Series A funding round, which will value it at more than $1 billion.

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