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Gasgoo Daily: Ford Mustang Dark Horse to go on sale in China on February 19
Gasgoo Daily: Ford Mustang Dark Horse to go on sale in China on February 19

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

Jan. 25 , 2024
GAC Group to support GAC Hino in NEV transition through equity adjustment
GAC Group to support GAC Hino in NEV transition through equity adjustment

GAC Group, in conjunction with Guangzhou Qingyun New Energy Technology Investment Partnership Enterprise (Limited Partnership), plans to acquire 39.72% and 5.45% equity stakes in GAC Hino, respectively, from Hino Motors.

Jan. 25 , 2024
SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024
SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024

SAIC-GM-Wuling ("SGMW") recently revealed via its WeChat account its ambitious goal to manufacture and sell 700,000 new energy vehicles in 2024.

Jan. 25 , 2024
Guangzhou deploys 10,000 V2X-enabled connected vehicles in routine operation
Guangzhou deploys 10,000 V2X-enabled connected vehicles in routine operation

On January 24, according to GAC Group's official announcement, Guangzhou has become the first city in China to have over 10,000 vehicles in routine V2X operation.

Jan. 25 , 2024
SERES Group forecasts narrowed net loss in 2023
SERES Group forecasts narrowed net loss in 2023

On January 24, Chinese automaker SERES Group announced an anticipated revenue of 35.5 billion yuan to 36.5 billion yuan for 2023, which would reflect a year-on-year increase of 4.09% to 7.02%.

Jan. 25 , 2024
Shanghai puts around 354,000 new energy vehicles on roads in 2023
Shanghai puts around 354,000 new energy vehicles on roads in 2023

Chinese megacity Shanghai deployed a total of 354,000 new energy vehicles (NEV) across the year of 2023, resulting in a citywide cumulative NEV population of 1.288 million units

Jan. 25 , 2024