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China’s Vehicle Inventory Alert Index in June 2024 up both YoY, MoM
China’s Vehicle Inventory Alert Index in June 2024 up both YoY, MoM

On June 30, 2024, the China Automobile Dealers Association (CADA) released the latest "China Automobile Dealers Inventory Alert Index" (VIA), showing that in June 2024, the VIA for Chinese automobile dealers was 62.3%.

Jul. 1 , 2024
Gasgoo Daily: Volkswagen's ID. UNYX all-electric coupe SUV to hit Chinese market in July
Gasgoo Daily: Volkswagen's ID. UNYX all-electric coupe SUV to hit Chinese market in July

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Jun. 28 , 2024
Geely Automobile achieves record-high revenue in Q1 2024
Geely Automobile achieves record-high revenue in Q1 2024

On June 28, Geely Automobile Holdings Limited (Geely Automobile) announced its financial results for the first quarter of 2024 (Q1 2024). The company reported revenue of 52.3 billion yuan, marking a 56% year-on-year spike.

Jun. 28 , 2024
VW Group, SAIC Motor sign series of NEV-related tech agreements for SAIC VW
VW Group, SAIC Motor sign series of NEV-related tech agreements for SAIC VW

On the occasion of the 40th anniversary of SAIC Volkswagen ("SAIC VW"), a new chapter of cooperation between Volkswagen Group and SAIC Motor commenced on the afternoon of June 27.

Jun. 27 , 2024
Gasgoo Daily: BYD puts SEAL EV onto Japanese market
Gasgoo Daily: BYD puts SEAL EV onto Japanese market

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Jun. 27 , 2024
Geely-backed eVTOL maker AEROFUGIA closes Series B financing round
Geely-backed eVTOL maker AEROFUGIA closes Series B financing round

Recently, Geely-backed eVTOL (electric vertical take-off and landing) developer AEROFUGIA completed its Series B financing round, raising several hundred million yuan for the company.

Jun. 27 , 2024