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GAC Group, Technology Financial Group join hands to co-build auto industrial fund
GAC Group, Technology Financial Group join hands to co-build auto industrial fund

On April 20, GAC Group inked a strategic cooperation framework agreement with Technology Financial Group, a Guangdong-based state-owned investment firm, to step up the collaboration on automotive industrial chain.

Apr. 21 , 2022
FAW Hongqi, Air China to launch premium chauffer service with H9 vehicles
FAW Hongqi, Air China to launch premium chauffer service with H9 vehicles

On April 19th, FAW’s Hongqi and Air China inked an agreement to provide joint mobility services for customers “on the ground” and “in the air”.

Apr. 21 , 2022
CATL’s subsidiary secures exploration right at mine lot in Yichun
CATL’s subsidiary secures exploration right at mine lot in Yichun

On April 20, Yichun Contemporary Amperex Mining Co., Ltd., whose majority shareholder is CATL, obtain the right to prospect for the ceramic clay (including lithium) at a mine lot in Yichun city, Jiangxi province.

Apr. 21 , 2022
Roundup: March, first-quarter vehicle sales of Chinese major automotive groups
Roundup: March, first-quarter vehicle sales of Chinese major automotive groups

All of China’s major automotive groups achieved month-over month sales growth in March, but compared with the same month of last year, not all of them had sales increase.

Apr. 20 , 2022
Gotion High-Tech, Geely Holding's CV unit ink agreement for battery supply
Gotion High-Tech, Geely Holding's CV unit ink agreement for battery supply

Hefei Gotion High-Tech Power Energy Co.,Ltd. ("Hefei Gotion"), a wholly-owned subsidiary of Gotion High-Tech, and Zhejiang Geely New Energy Commercial Vehicle Group ("GCV") have signed a strategic cooperation agreement.

Apr. 20 , 2022
HUAWEI-powered AITO M5 sees price rise starting May 5th
HUAWEI-powered AITO M5 sees price rise starting May 5th

On April 20th, the HUAWEI- and SERES-backed new energy vehicle brand AITO released an announcement of price lifts and an upcoming trim regarding its M5 model.

Apr. 20 , 2022