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Brembo to build a friction tech joint venture with China’s Gold Phoenix
Brembo to build a friction tech joint venture with China’s Gold Phoenix

Brembo, the Italy-based global manufacturer of automotive brake systems, intends to build a joint venture with Chinese auto parts supplier Shandong Gold Phoenix Co., Ltd. (“Gold Phoenix”) in Jinan city, capital of Shandong province.

Jul. 26 , 2022
Gasgoo Daily: Geely Automobile names new executive director
Gasgoo Daily: Geely Automobile names new executive director

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

Jul. 25 , 2022
China imported PV sales drop 25.6% YoY in H1 2022
China imported PV sales drop 25.6% YoY in H1 2022

For the first half of 2022, there were 367,632 imported passenger vehicles (PVs) delivered across China, representing a 25.6% decrease year over year, according to Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

Jul. 25 , 2022
Pure-electric AITO M5 EV to debut in Q3 2022
Pure-electric AITO M5 EV to debut in Q3 2022

AITO, the jointly developed brand of Huawei and SERES, released new information and photos of the brand’s first battery-electric production model, the M5 EV.

Jul. 25 , 2022
China’s battery recycling firm JieCheng New Energy closes Series A round
China’s battery recycling firm JieCheng New Energy closes Series A round

Chinese battery recycling company JieCheng New Energy recently completed its Series A financing with over 100 million yuan ($14.801 million) raised, according to a local media outlet.

Jul. 25 , 2022
Gotion High-Tech approved by CSRC to issue GDRs, go public in Switzerland
Gotion High-Tech approved by CSRC to issue GDRs, go public in Switzerland

Gotion High-Tech Co., Ltd., ("Gotion High-Tech") announced last week it had received the approval for initial public offering of Global Depositary Receipts ("GDR") and public listing on the SIX Swiss Exchange AG from the China Securities Regulatory C

Jul. 25 , 2022