News
China's major new vehicle launches in Feb., involving Xiaomi SU7 Ultra, Lynk & Co 900
China's major new vehicle launches in Feb., involving Xiaomi SU7 Ultra, Lynk & Co 900

February 2025 marks a surge in the automotive market, with over 20 new models already launched or expected to hit the market across both new energy and oil-fueled vehicle segments.

Feb. 16 , 2025
Gasgoo Daily: Geely Galaxy L7 EM-i model hits market
Gasgoo Daily: Geely Galaxy L7 EM-i model hits market

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

Feb. 14 , 2025
SAIC Motor forecasts two-digit YoY drop in 2024 net profit attributable to shareholders
SAIC Motor forecasts two-digit YoY drop in 2024 net profit attributable to shareholders

On January 25, SAIC Motor issued its profit forecast for 2024, projecting a net profit attributable to its shareholders of between 1.5 billion yuan and 1.9 billion yuan, which would represent a steep decline of 87% to 90% compared to the previous yea

Feb. 14 , 2025
ZEEKR finalizes Lynk & Co acquisition, announces establishment of ZEEKR Technology Group
ZEEKR finalizes Lynk & Co acquisition, announces establishment of ZEEKR Technology Group

ZEEKR claimed that ZEEKR Technology Group has been officially incorporated, which now oversees both the ZEEKR and Lynk & Co brands.

Feb. 14 , 2025
Sino-Japan automotive aluminum sheet joint venture inaugurated in Shanghai
Sino-Japan automotive aluminum sheet joint venture inaugurated in Shanghai

On February 13, China's Baoshan Iron & Steel Co., Ltd., Baowu Aluminum Technology Co., Ltd., and the major Japanese steel manufacturer Kobe Steel, Ltd. officially inaugurated their joint venture.

Feb. 14 , 2025
NIO Power opens charging network to Great Wall Motor's users
NIO Power opens charging network to Great Wall Motor's users

Wuhan NIO Energy Co., Ltd. ("NIO Power") and Great Wall Motor ("GWM") entered into a partnership on charging services, granting users of GWM's Haval, WEY, ORA, and TANK brands access to NIO Power's extensive charging network.

Feb. 14 , 2025