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China’s car parc amounts to 302 million units by end of 2021
China’s car parc amounts to 302 million units by end of 2021

China's motor vehicle parc amounted to roughly 395 million units by the end of Dec. 2021, of which 302 million units were automobiles, according to China's Ministry of Public Security (MPS).

Jan. 12 , 2022
Xiaomi-backed investment fund invests in strategic round of NEV parts supplier EVTECH
Xiaomi-backed investment fund invests in strategic round of NEV parts supplier EVTECH

EVTECH announced earlier this week it has nabbed over 100 million yuan ($15.689 million) in a strategic financing round supported by Hubei Xiaomi Yangtze River Industry Investment Fund Partners (Limited Partnership).

Jan. 12 , 2022
Gasgoo Daily: CATL’s Shanghai factory begins offering batteries to Tesla in last Nov.
Gasgoo Daily: CATL’s Shanghai factory begins offering batteries to Tesla in last Nov.

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

Jan. 11 , 2022
Tesla sells 70,847 China-made vehicles in December
Tesla sells 70,847 China-made vehicles in December

That included 245 vehicles that were exported to other countries last month.

Jan. 11 , 2022
China's homegrown PV retail sales in 2021 grow 4.5% YoY
China's homegrown PV retail sales in 2021 grow 4.5% YoY

For the year of 2021, the retail sales of locally-produced PVs (referring to cars, MPVs, SUVs and minibuses) in China amounted to around 20.486 million units, rising 4.5% from the previous year, according to the CPCA.

Jan. 11 , 2022
Geely’s premium EV brand ZEEKR eyes annual export volume of 100,000 units by 2025
Geely’s premium EV brand ZEEKR eyes annual export volume of 100,000 units by 2025

ZEEKR, the premium EV brand of Chinese automaker Geely, aims to deliver 70,000 new vehicles in 2022, the parent Geely recently disclosed.

Jan. 11 , 2022