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HiPhi Y's 560km-range version to start delivery in July 2023
HiPhi Y's 560km-range version to start delivery in July 2023

Chinese luxury electric vehicle brand, HiPhi, owned by Human Horizons, announced on May 24 that the 560km-range version of the HiPhi Y is expected to start deliveries in July this year, with prices expected to start at 369,000 yuan.

May 25 , 2023
China’s COSMX to build new power, energy storage battery production factory in Deyang, Sichuan province
China’s COSMX to build new power, energy storage battery production factory in Deyang, Sichuan province

Zhuhai CosMX Battery Co., Ltd. announced its plans to establish a project company in Deyang City, Sichuan Province through its subsidiary Zhejiang CosMX Battery Ltd., in order to invest in the construction of a power battery production project.

May 25 , 2023
Xiaomi pours 1.1 billion yuan in innovative businesses including automaking in Q1 2023
Xiaomi pours 1.1 billion yuan in innovative businesses including automaking in Q1 2023

On May 24, Chinese tech giant Xiaomi Group unveiled its financial performance for the first quarter of 2023, with a quarterly revenue of 59.477 billion yuan, which dropped 18.9% year over year.

May 25 , 2023
Polestar, Xingji Meizu said to seek capital collaboration
Polestar, Xingji Meizu said to seek capital collaboration

Polestar, the electric performance car brand jointly owned by Volvo Car Group and Zhejiang Geely Holding Group, is reportedly exploring a capital-level collaboration with Xingji Meizu.

May 24 , 2023
Chinese LiDAR maker Hesai Technology turns profitable in Q1 2023
Chinese LiDAR maker Hesai Technology turns profitable in Q1 2023

​Hesai Technology, a prominent Chinese LiDAR manufacturer, recently released its unaudited financial report for Q1 2023, showcasing a record-breaking quarterly revenue of $62.6 million, marking a substantial year-over-year increase of 73.0%.

May 24 , 2023
Gasgoo Daily: BYD Song Pro DM-i Champion edition to go on sale on May 25
Gasgoo Daily: BYD Song Pro DM-i Champion edition to go on sale on May 25

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

May 24 , 2023