News
GAC Group aims to gain 15% YoY growth in 2025 annual vehicle sales
GAC Group aims to gain 15% YoY growth in 2025 annual vehicle sales

For 2025, GAC Group aims to achieve a 15% year-over-year growth in annual sales.

Jan. 3 , 2025
United Nova Technology, GAC AION set up joint lab for R&D, design of semiconductor chips, modules
United Nova Technology, GAC AION set up joint lab for R&D, design of semiconductor chips, modules

This partnership expands their cooperation from commercial agreements to joint research and development, with the aim of designing next-generation automotive semiconductor chips and modules.

Jan. 3 , 2025
Changan Automobile renames NEVO C798 SUV to NEVO Q07
Changan Automobile renames NEVO C798 SUV to NEVO Q07

Changan Automobile's new energy vehicle brand NEVO changed the name of the NEVO C798, its fire new SUV model, to the NEVO Q07, NEVO announced on the first day of 2025 via its WeChat account.

Jan. 3 , 2025
SAIC Motor achieves highest-ever annual new energy vehicle sales in 2024
SAIC Motor achieves highest-ever annual new energy vehicle sales in 2024

In the new energy vehicle (NEV) sector, SAIC Motor sold 1,234,075 vehicles by wholesale last year, indicating a year-on-year growth of 9.9% and hitting a new high level.

Jan. 3 , 2025
China's vehicle inventory alert index in Dec. 2024 drops YoY, MoM
China's vehicle inventory alert index in Dec. 2024 drops YoY, MoM

In December 2024, the Inventory Alert Index for Chinese automobile dealers reached 50.2%, representing an year-on-year decrease of 3.5 percentage points and a month-on-month decline of 1.6 percentage points.

Jan. 3 , 2025
Changan KAICHENG raises over 2 billion yuan in Series A financing
Changan KAICHENG raises over 2 billion yuan in Series A financing

Changan Automobile's commercial vehicle brand KAICHENG announced on Jan. 2 it successfully raised over 2 billion yuan in its Series A funding round, marking a significant milestone in its capital market journey.

Jan. 3 , 2025