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Gree Group’s investment subsidiary invests in battery maker EXENCELL
Gree Group’s investment subsidiary invests in battery maker EXENCELL

Zhuhai Gree Financial Investment Management Co., Ltd. recently completed a strategic investment in the Chinese battery maker Shenzhen Exencell New Energy Technology Co., Ltd.

Jun. 8 , 2023
China’s Chongqing issues policy to subsidize construction, operation of EV charging, battery swap facilities
China’s Chongqing issues policy to subsidize construction, operation of EV charging, battery swap facilities

Chongqing city's municipal Finance Bureau and Commission of Economy and Information Technology recently co-released a new set of financial subsidy policies for the year 2023 concerning the development of charging and battery-swapping infrastructures.

Jun. 8 , 2023
Changan Automobile boasts 32.49% YoY surge in May auto sales
Changan Automobile boasts 32.49% YoY surge in May auto sales

In May 2023, Chinese automaker Chongqing Changan Automobile Co., Ltd. (Changan Automobile) recorded a 32.49% surge in monthly sales compared to a year ago.

Jun. 8 , 2023
GAC Group scores 2-digit YoY growth in May 2023 auto production, sales volume
GAC Group scores 2-digit YoY growth in May 2023 auto production, sales volume

In May 2023, GAC Group achieved positive growth in both auto production volume and sales. The group produced 224,413 vehicles and sold 209,606 vehicles in the month, representing year-on-year increases of 16.61% and 14.5%, respectively.

Jun. 8 , 2023
Gasgoo Daily: GAC Group sees auto sales in May jump 14.5% YoY
Gasgoo Daily: GAC Group sees auto sales in May jump 14.5% YoY

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

Jun. 7 , 2023
Mogo Auto launches BalanceHRNet vision-based autonomous driving estimation algorithm
Mogo Auto launches BalanceHRNet vision-based autonomous driving estimation algorithm

Recently, Mogo Auto, a Chinese autonomous driving tech developer, introduced the BalanceHRNet human body posture estimation model, which the company says can accurately identify pedestrian intentions.

Jun. 7 , 2023