News
Haima expects narrowed year-to-date loss
Haima expects narrowed year-to-date loss

Its loss for the first three quarters is forecasted to decrease from RMB234.49 million of last year to a range of RMB153 million to RMB178 million.

Oct. 15 , 2021
Great Wall Motor adds motorcycle manufacturing, sales into business scope
Great Wall Motor adds motorcycle manufacturing, sales into business scope

Great Wall Motor Company Limited (GWM), Chinese biggest SUV and pickup manufacturer, saw its registered capital rise 0.65% to about 9.236 billion yuan ($1.435 billion) on October 12, according to Tianyancha.

Oct. 14 , 2021
Bosch invests in China’s intelligent vehicle chassis developer U Power
Bosch invests in China’s intelligent vehicle chassis developer U Power

Bosch entered into a strategic agreement with China’s intelligent EV technology startup, U Power, with funds invested through its subsidiary venture capital, U Power announced today.

Oct. 14 , 2021
Gasgoo Daily: FAW, 360 set up data security research centre
Gasgoo Daily: FAW, 360 set up data security research centre

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.

Oct. 14 , 2021
Beijing Yizhuang-backed AICC completes Pre-A investment round
Beijing Yizhuang-backed AICC completes Pre-A investment round

China’s automotive intelligence developer, AICC, landed hundreds of millions of RMB in the company’s Pre-A round of financing for product R&D and collaborative mass production with automakers.

Oct. 14 , 2021
Wuling MINIEV’s cumulative deliveries top 400,000 units as of Sept. 2021
Wuling MINIEV’s cumulative deliveries top 400,000 units as of Sept. 2021

SAIC-GM-Wuling SGMW announced on Thursday its new vehicle deliveries jumped 23.3% year on year to 1,270,148 units for the first nine months of 2021, 390,057 units of which were sold in the third quarter.

Oct. 14 , 2021