News
China’s NEV sales shoot up 72.3% YoY in November 2022
China’s NEV sales shoot up 72.3% YoY in November 2022

In November, China’s overall auto output and sales faced a downward movement due to a bearish market. Nonetheless, sales of new energy vehicles (NEVs) continued to refresh its record in the past month, while the auto export volume remained promising.

Dec. 9 , 2022
Great Wall Motor revamps brand architecture by merging ORA & Shalong, WEY & TANK
Great Wall Motor revamps brand architecture by merging ORA & Shalong, WEY & TANK

Great Wall Motor revamped its auto brand architecture recently, as a means to better serve the market, according to information obtained by Gasgoo on December 8.

Dec. 9 , 2022
GAC Group scores 16.6% YoY growth in Jan.-Nov. 2022 auto sales
GAC Group scores 16.6% YoY growth in Jan.-Nov. 2022 auto sales

GAC Group announced on Thursday it sold a total of 2,227,800 vehicles through the first eleven months of 2022.

Dec. 9 , 2022
NIO Capital invests in GaN epitaxial materials developer Enkris Semiconductor
NIO Capital invests in GaN epitaxial materials developer Enkris Semiconductor

Enkris Semiconductor, a Chinese manufacturer of GaN epitaxial materials, recently bagged hundreds of millions of yuan in its Series C financing, which was co-led by several investors like NIO Capital.

Dec. 8 , 2022
Tesla sells 100,291 China-made vehicles in November 2022
Tesla sells 100,291 China-made vehicles in November 2022

In November 2022, Tesla sold 100,291 China-made vehicles in wholesale, representing an outstanding 89.73% leap over the previous year, according to the China Passenger Car Association (CPCA).

Dec. 8 , 2022
China's locally-made PV retail sales drop 9.5% YoY in Nov. 2022
China's locally-made PV retail sales drop 9.5% YoY in Nov. 2022

In Nov. 2022, China's passenger vehicle (PV) retail sales amounted to 1.669 million units, sliding 9.5% compared to the previous year, while also dipping 10.5% from the previous month, according to the China Passenger Car Association (CPCA).

Dec. 8 , 2022