News
General Motors' China sales zoom up 40.6% QoQ in Q4 2024
General Motors' China sales zoom up 40.6% QoQ in Q4 2024

General Motors and its joint ventures closed 2024 on a high note in China, reporting a 40.6% quarter-on-quarter increase in the fourth-quarter (Q4) deliveries in the country, reaching nearly 600,000 vehicles.

Jan. 7 , 2025
SGMW rolls off first locally produced MAGIC BATTERY in Indonesia
SGMW rolls off first locally produced MAGIC BATTERY in Indonesia

On December 31, 2024, Wuling's first locally produced EV (electric vehicle) battery, the MAGIC BATTERY, successfully rolled off the production line in Indonesia.

Jan. 7 , 2025
Schaeffler sets up wholly-owned subsidiary in China for hydrogen-related businesses
Schaeffler sets up wholly-owned subsidiary in China for hydrogen-related businesses

The new subsidiary will focus on the R&D, and production of hydrogen energy-related technologies and products, offering hydrogen energy solutions to end-users across various application scenarios.

Jan. 7 , 2025
Geely Holding Group eyes annual vehicle sales topping 5 million units by 2027
Geely Holding Group eyes annual vehicle sales topping 5 million units by 2027

By 2027, Geely Holding aims to achieve over 5 million vehicles of annual sales.

Jan. 7 , 2025
Gasgoo Daily: Geely Holding sets annual sales target of 5 million+ vehicles for 2027
Gasgoo Daily: Geely Holding sets annual sales target of 5 million+ vehicles for 2027

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

Jan. 6 , 2025
China's optical image solution provider Kankan Tech nabs hundreds of millions of yuan in Pre-B+ funding round
China's optical image solution provider Kankan Tech nabs hundreds of millions of yuan in Pre-B+ funding round

Beijing Kankan Intelligent Technology Co., Ltd. (Kankan Tech), China’s full-stack optical image solution provider, recently announced the successful completion of its Pre-B+ funding round, which raised for the company hundreds of millions of yuan.

Jan. 6 , 2025