News
Great Wall Motor H1 net profit surges 207.87% YoY
Great Wall Motor H1 net profit surges 207.87% YoY

Thanks to the stable increase of vehicle sales and average vehicle price, Great Wall Motor managed to achieve growth in both revenue and net profit for the first-half of this year.

Aug. 30 , 2021
BYD scores 50.22% YoY jump in semi-annual revenue
BYD scores 50.22% YoY jump in semi-annual revenue

The revenue for the first six months of the year at BYD Company Limited (BYD) surged 50.22% year on year to 90.885 billion yuan ($14.052 billion), the company reported in a filing last week.

Aug. 30 , 2021
Gasgoo Daily: SAIC VW contributes 21.7% YoY of group net profit
Gasgoo Daily: SAIC VW contributes 21.7% YoY of group net profit

With Gasgoo Daily, we will offer important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Aug. 27 , 2021
SAIC Motor sets up CV smart driving tech company
SAIC Motor sets up CV smart driving tech company

On August 26, SAIC Motor announced the foundation of a commercial vehicle (CV) intelligent driving technology company dubbed Shanghai Youdao Zhitu Technology Co.,Ltd., which will be located in Lin-gang Special Area.

Aug. 27 , 2021
China's NEV insurance registrations make up 13.6% of total vehicle registrations in July
China's NEV insurance registrations make up 13.6% of total vehicle registrations in July

CBIRC data shows that 11,538,743 new passenger vehicles were registered nationwide in the first seven months of this year, up 26.9% versus the same period of last year, 5.7 percentage points less than that of the first half of this year.

Aug. 27 , 2021
OPPO invests in NavInfo’s auto MCU subsidiary
OPPO invests in NavInfo’s auto MCU subsidiary

As new players of automotive industry, OPPO has reportedly applied for many patents in autonomous driving, vehicle connectivity, and vehicle control as well as establishing partnership with such automakers as Li Auto, SAIC, NIO, BYD, Changan.

Aug. 27 , 2021