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GAC Group inaugurates first overseas CKD factory
GAC Group inaugurates first overseas CKD factory

On April 29, GAC Motor and WTC Automotif (M) Sdn Bhd (“WTCA”) held a ceremony to commemorate the completion and commencement of production at the Segambut CKD factory located in Malaysia.

Apr. 30 , 2024
REPT, Powin ink framework agreement on 12GWh energy storage cell project
REPT, Powin ink framework agreement on 12GWh energy storage cell project

On April 29, REPT BATTERO Energy Co., Ltd. ("REPT"), a Chinese power battery supplier, inked a framework agreement with Powin LLC ("Powin"), a global energy storage platform provider, as the former intends to supply the latter with 12GWh Wending 320A

Apr. 30 , 2024
GAC Group posts YoY growth in Q1 2024 gross margin
GAC Group posts YoY growth in Q1 2024 gross margin

On April 26, GAC Group released its quarterly report for the first quarter (Q1) of 2024.

Apr. 30 , 2024
Seres Group’s revenues rise YoY in 2023, Q1 2024
Seres Group’s revenues rise YoY in 2023, Q1 2024

On April 29, Chinese automaker Seres Group Co., Ltd. (Seres Group) released its first quarter (Q1) report for 2024 along with the annual report for 2023, showing prominent results in revenue.

Apr. 30 , 2024
NavInfo’s intelligent driving unit boasts 187.28% YoY spike in 2023 revenue
NavInfo’s intelligent driving unit boasts 187.28% YoY spike in 2023 revenue

On April 29, NavInfo unveiled its 2023 annual financial report, revealing a total revenue of 3.122 billion yuan for the year, falling 6.72% from a year ago.

Apr. 30 , 2024
Gasgoo Daily: NIO announces BaaS pricing for 150kWh battery pack, starting at 100 yuan/day
Gasgoo Daily: NIO announces BaaS pricing for 150kWh battery pack, starting at 100 yuan/day

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.

Apr. 29 , 2024