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Changan Automobile projects 189%-259% YoY soar in H1 net profit
Changan Automobile projects 189%-259% YoY soar in H1 net profit

Chinese automaker Changan Automobile forecasted glowing numbers in its business performance during the first six months of 2022, the auto group announced on July 14th.

Jul. 14 , 2022
Ningbo Shanshan expects to post 111%-124% YoY spike in H1 2022 net profit
Ningbo Shanshan expects to post 111%-124% YoY spike in H1 2022 net profit

Ningbo Shanshan Co., Ltd. said this week its net profit attributable to shareholders was forecasted to reach 1.6 billion yuan to 1.7 billion yuan ($237.724 million-$252.582 million) in the first half of 2022 (“H1 2022”), surging 111% to 124% YoY.

Jul. 14 , 2022
SGMW announces foray into HEV field
SGMW announces foray into HEV field

SAIC-GM-Wuling on July 14 announced its foray into the HEV (hybrid electric vehicle) field.

Jul. 14 , 2022
Gasgoo Daily: NIO, Li Auto enter Fortune China 500 list for first time
Gasgoo Daily: NIO, Li Auto enter Fortune China 500 list for first time

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

Jul. 13 , 2022
HiPhi X crowned China’s best-selling luxury EV priced above RMB500,000 in June
HiPhi X crowned China’s best-selling luxury EV priced above RMB500,000 in June

In the sixth month of 2022, China’s luxury electric vehicle brand HiPhi from Human Horizons scored another monthly sales title compared to other electric vehicles priced at RMB500,000 ($74,200) and higher in China.

Jul. 13 , 2022
NIO-backed battery assets operator Mirattery forges partnerships with many firms
NIO-backed battery assets operator Mirattery forges partnerships with many firms

Mirattery (Chinese name: Wuhan Weineng), NIO's battery asset management joint venture, on July 12 signed cooperation agreements with a slew of auto industrial chain players to boost development of the battery service industry.

Jul. 13 , 2022