News
China’s passenger vehicle retail sales edge down 1.9% YoY, but rise 11.4% MoM
China’s passenger vehicle retail sales edge down 1.9% YoY, but rise 11.4% MoM

In May 2024, China's domestic passenger vehicle (PV) market retailed 1.71 million units, marking a year-over-year decrease of 1.9% but a month-over-month increase of 11.4%.

Jun. 12 , 2024
DENZA about to open first flagship store in Hong Kong, China
DENZA about to open first flagship store in Hong Kong, China

DENZA, a premium new energy vehicle brand majority backed by BYD, will open its first flagship store in Hong Kong's Kowloon Bay automotive business district at the end of June, the automaker announced on June 11.

Jun. 12 , 2024
Autoliv breaks ground on new factory in China’s Hefei city
Autoliv breaks ground on new factory in China’s Hefei city

On June 12, 2024, Autoliv marked a new milestone in its strategic expansion in China by holding a groundbreaking ceremony for its new factory in the Economic Development Zone of Feixi County, Hefei city.

Jun. 12 , 2024
Gasgoo Daily: Images of Huawei, Chery co-developed Luxeed R7 released
Gasgoo Daily: Images of Huawei, Chery co-developed Luxeed R7 released

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.

Jun. 11 , 2024
Leapmotor partners with Ambarella for smart driving R&D
Leapmotor partners with Ambarella for smart driving R&D

Chinese new energy vehicle maker Leapmotor recently signed a strategic cooperation agreement with global semiconductor developer Ambarella in Hangzhou.

Jun. 11 , 2024
​Changan Automobile aims to achieve over 80% localization rate in Thailand
​Changan Automobile aims to achieve over 80% localization rate in Thailand

On June 5, Chinese automaker Changan Automobile, in collaboration with the Thailand Board of Investment (BOI), successfully hosted a "Sourcing Day" event in Bangkok, attracting over 300 Thai suppliers.

Jun. 11 , 2024