- China’s cumulative NEV output, sales both exceed 30 million units by Jun. 2024
In June 2024, China’s auto production and sales came in at 2.507 million vehicles and 2.552 million vehicles, respectively, with month-on-month increases of 5.7% and 5.6% and year-on-year dips of 2....
July 10 , 2024
- GAC Group’s ride-hailing platform ONTIME goes public on Hong Kong Stock Exchange
On July 10, Chenqi Technology Limited (ONTIME) held its listing ceremony in Hong Kong, with its shares officially trading on the main board of the Hong Kong Stock Exchange.
July 10 , 2024
- New Department of Defense Disclosure Suggests That Chinese Lidar Firm’s 1260H Listing Is Not Based on Evidence of a Military Connection
Lidar technology firm Hesai (Nasdaq: HSAI) has furthered its claim that it has no association with the Chinese military, and has filed a motion for summary judgment with a U.S. court.
July 10 , 2024
- China’s passenger vehicle sales dip YoY in June amid growth in exports
In June 2024, China's domestic passenger vehicle (PV) market retailed 1.767 million vehicles, marking a year-over-year decrease of 6.7% but a month-over-month increase of 3.2%.
July 09 , 2024
- Gasgoo Daily: SAIC-GM-Wuling's Binguo EV hits market in Thailand
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.
July 09 , 2024
- Continental AG puts Changchun Jingyue factory’s phase II expansion project into operation
On July 8th, Continental AG announced that the Phase II expansion project of its factory in Jingyue High-tech Industrial Development Zone, Changchun city, Jilin province has officially commenced opera...
July 09 , 2024
- China has 24.72 million new energy vehicles running on roads by June 2024
As of the end of June 2024, the total number of motor vehicles in China has reached 440 million, including 345 million cars, 24.72 million units are new energy vehicles (NEVs), according to China's Mi...
July 09 , 2024
- Dongfeng Motor plans to build dedicated auto parts division
On July 5, Dongfeng Motor Corporation (DFMC) announced the launch of an automotive parts project, establishing a dedicated Parts Division to centrally manage its components business.
July 09 , 2024