News
China’s Haier Group sets up auto technology subsidiary
China’s Haier Group sets up auto technology subsidiary

Haier Group, a Chinese multinational home appliances and consumer electronics company, recently set up an automotive technology subsidiary in Qingdao city.

Nov. 28 , 2022
China’s intelligent driving solution provider Freetech nabs roughly $100 mln in Series B round
China’s intelligent driving solution provider Freetech nabs roughly $100 mln in Series B round

On November 28, China’s intelligent driving solution provider Freetech announced the completion of its Series B funding round, which raised for the company nearly $100 million.

Nov. 28 , 2022
Hongjing Drive nabs hundreds of millions of yuan in Series B round
Hongjing Drive nabs hundreds of millions of yuan in Series B round

China’s autonomous commercial vehicle solution developer Hongjing Drive announced on Nov. 28 it has completed its Series B financing round, which raised for the company several hundred million yuan.

Nov. 28 , 2022
China’s locally-made PV retail sales anticipated to grow 2.4% YoY in Nov. 2022: CPCA
China’s locally-made PV retail sales anticipated to grow 2.4% YoY in Nov. 2022: CPCA

China's passenger vehicle retail sales are anticipated to reach 1.86 million units in November 2022, rising 2.4% from the previous year, while sliding 10.6% compared to the same month in 2020, according to the CPCA.

Nov. 25 , 2022
Gasgoo Daily: Mercedes-Benz issues first Green Panda Bond in China
Gasgoo Daily: Mercedes-Benz issues first Green Panda Bond in China

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.

Nov. 25 , 2022
Car and City: Huawei-backed AITO registers 9,087 vehicles in October
Car and City: Huawei-backed AITO registers 9,087 vehicles in October

SERES Auto, Chinese ICT giant Huawei’s first official automaking partner, saw its monthly auto registrations reach 9,087 vehicles in the tenth month of 2022, according to the data compiled by Gasgoo Auto Research Institute (GARI).

Nov. 25 , 2022