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SAIC-GM-Wuling signs MoU on investment in battery-based EV project in Indonesia
SAIC-GM-Wuling signs MoU on investment in battery-based EV project in Indonesia

SAIC-GM-Wuling signed a memorandum of understanding (MoU) a few days ago as part of its efforts to strengthen its commitment to developing the battery-based electric vehicle ecosystem in Indonesia.

May 5 , 2023
SAIC Motor boasts 124.52% YoY surge in Apr. auto sales
SAIC Motor boasts 124.52% YoY surge in Apr. auto sales

SAIC Motor scored a robust year-on-year growth of 124.52% in its Apr. 2023 automobile sales, which came in at 373,949 units, the Shanghai-based auto giant announced on May 5.

May 5 , 2023
Gasgoo Daily: Tesla China estimated to sell 75,842 vehicles in April: CPCA
Gasgoo Daily: Tesla China estimated to sell 75,842 vehicles in April: CPCA

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.

May 5 , 2023
BAIC Motor's Q1 2023 revenue climbs up 4.29% YoY
BAIC Motor's Q1 2023 revenue climbs up 4.29% YoY

Beijing-based major automaker, BAIC Motor Corporation Limited (BAIC Motor), reported a stable overall performance in the first quarter (Q1) of this year, with a slight increase in operating income.

May 5 , 2023
China's vehicle inventory alert index in Apr. 2023 drops YoY, MoM
China's vehicle inventory alert index in Apr. 2023 drops YoY, MoM

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, dropped 2.0 percentage points month on month in Apr. 2023, according to the China Automobile Dealers Association (CADA).

May 5 , 2023
IM Motors delivers 2,009 vehicles in Apr. 2023
IM Motors delivers 2,009 vehicles in Apr. 2023

IM Motors, the premium electric vehicle (EV) maker backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, delivered 2,009 vehicles in Apr. 2023, the automaker announced earlier this week.

May 5 , 2023