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FAW Group aims to sell 4 million in 2023
FAW Group aims to sell 4 million in 2023

China’s major automaker FAW Group saw its 2022 annual sales volume reach 3.2 million vehicles, the company announced at a press conference on Monday.

Jan. 12 , 2023
Apollo Future Mobility to acquire WM Motor’s subsidiary for US$2.023 billion
Apollo Future Mobility to acquire WM Motor’s subsidiary for US$2.023 billion

A wholly-owned subsidiary of Apollo Future MobilityWM Motor Holdings Limited ("WM Motor entered into an agreement under which the former conditionally agreed to buy shares from the latter.

Jan. 12 , 2023
Subscribe to China Automotive Industry Reports and Market Data | Gasgoo Auto Research Institute
Subscribe to China Automotive Industry Reports and Market Data | Gasgoo Auto Research Institute

Gasgoo, as the automotive industry information service platform, focuses on China market and provides industry analysis reports and market data to relevant players.

Jan. 11 , 2023
China’s new energy vehicle registrations soar 81.48% YoY in 2022: MPS
China’s new energy vehicle registrations soar 81.48% YoY in 2022: MPS

China's motor vehicle parc amounted to roughly 417 million units by the end of Dec. 2022, 319 million of which were automobiles, according to China's Ministry of Public Security (MPS).

Jan. 11 , 2023
CATL’s Qilin battery likely to go into volume production in Q1 2023
CATL’s Qilin battery likely to go into volume production in Q1 2023

The Qilin battery, the battery using CATL's third-generation CTP (cell-to-pack) technology, is expected for volume production in the first quarter of 2023, CATL revealed at the investor Q&A platform of the Shenzhen Stock Exchange.

Jan. 11 , 2023
Pony.ai inaugurates three product lines for intelligent driving products
Pony.ai inaugurates three product lines for intelligent driving products

On January 11, autonomous driving startup Pony.ai officially inaugurated three product lines for passenger vehicle-dedicated intelligent driving businesses, which will be run by an independent business unit, namely Personally Owned Vehicles (POV).

Jan. 11 , 2023