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SAIC Motor’s self-owned brands aim to sell over 100,000 units in Europe in 2025
SAIC Motor’s self-owned brands aim to sell over 100,000 units in Europe in 2025

Chinese largest auto marker SAIC Motor announced on October 20 it is ambitious to make the annual sales volume of its self-owned brands exceed 100,000 vehicles in 2025 in Europe, where a number of global auto giants make significant deployment.

Oct. 21 , 2020
EV innovator Hozon Auto’s third production model Nezha V rolls off production line
EV innovator Hozon Auto’s third production model Nezha V rolls off production line

Nezha, the NEV brand owned by Chinese EV startup Hozon Auto, saw its third production model, the Nezha V, rolled off the production line on October 20, according to a posting on Nezha’s WeChat account.

Oct. 21 , 2020
September 2020 update: sales of Chinese mainstream automobile groups
September 2020 update: sales of Chinese mainstream automobile groups

he automobile groups hereby compiled by Gasgoo all achieved year on year sales growth in September, some of which, such as GAC group, Changan Auto, Geely Auto and JAC Motors, have gained growth for six straight months.

Oct. 20 , 2020
Volkswagen Group China Remains Optimistic Due To Ongoing Recovery in Q3
Volkswagen Group China Remains Optimistic Due To Ongoing Recovery in Q3

Volkswagen Group together with its Chinese joint ventures delivered 2.66 million (-10%) vehicles in the Chinese mainland and Hong Kong, including around 117,200 imported vehicles.

Oct. 20 , 2020
Evergrande Auto launches pre-listing tutoring process
Evergrande Auto launches pre-listing tutoring process

China Evergrande New Energy Vehicle Group Limited (Evergrande Auto) has entered into a pre-listing tutoring agreement with Haitong Securities Co., Ltd.

Oct. 20 , 2020
MBtech bowing out of BAIC MBtech won’t affect BAIC-Daimler partnership
MBtech bowing out of BAIC MBtech won’t affect BAIC-Daimler partnership

The long-term partnership between BAIC Group and Daimler and the technology cooperation among BAIC Group, BAIC Motor and Daimler will not be affected by the change in BAIC MBtech Development Center Co.,Ltd. (BAIC MBtech)’s equity structure.

Oct. 19 , 2020