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GAC-backed Ontime bags 842 million yuan in Series B funding
GAC-backed Ontime bags 842 million yuan in Series B funding

Chinese mobility service provider Ontime completed its Series B funding round, raising 842 million yuan. The round was led by GAC Group, with participation from multiple industry funds and financial investors.

Jun. 25 , 2023
Gasgoo Daily: All-New ES8 to begin order locking, delivery on June 28
Gasgoo Daily: All-New ES8 to begin order locking, delivery on June 28

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

Jun. 25 , 2023
Car and City: Wuling Hongguang MINIEV’s monthly registrations fell 37.24% YoY in May 2023
Car and City: Wuling Hongguang MINIEV’s monthly registrations fell 37.24% YoY in May 2023

In May 2023, there were 18,526 Wuling Hongguang MINIEVs registered across the Chinese mainland, representing a 37.24% YoY decrease, but reflecting an 8.47% MoM growth, according to the data compiled by Gasgoo Auto Research Institute.

Jun. 25 , 2023
BYD launches ATTO 3 BEV model in UAE market
BYD launches ATTO 3 BEV model in UAE market

On June 21, BYD, the world's leading manufacturer of new energy vehicles and power batteries, announced a highly anticipated launch its electric vehicle, the BYD ATTO 3, in the UAE market, in partnership with Al-Futtaim Electric Mobility Company.

Jun. 25 , 2023
Car and City: ZEEKR’s Jan.-May registrations soar 112.94% YoY
Car and City: ZEEKR’s Jan.-May registrations soar 112.94% YoY

ZEEKR, the premium electric vehicle (EV) brand of Geely Auto Group, saw its monthly registrations reach 8,132 units in the fifth month of 2023, according to the data compiled by Gasgoo Auto Research Institute ("GARI").

Jun. 25 , 2023
BYD’s 2023 Yuan Pro goes on sale in Shanghai
BYD’s 2023 Yuan Pro goes on sale in Shanghai

On June 16th, the market launch event for the 2023 BYD Yuan Pro was held in Shanghai. With this event, the 2023 Yuan Pro officially went on sale in Shanghai.

Jun. 21 , 2023