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Dongfeng Motor Group forecasts 75% YoY drop in H1 2023 net profit
Dongfeng Motor Group forecasts 75% YoY drop in H1 2023 net profit

Chinese legacy automaker Dongfeng Motor Group announced a projected 75% year-on-year decline in net profit attributable to shareholders for the first half of 2023, as revealed in a recent disclosure on August 14.

Aug. 16 , 2023
Gasgoo Daily: SGMW releases images of first sedan ‘Xingguang’
Gasgoo Daily: SGMW releases images of first sedan ‘Xingguang’

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

Aug. 15 , 2023
Geely, Baidu launch new automotive robot brand 'Jiyue'
Geely, Baidu launch new automotive robot brand 'Jiyue'

In a significant milestone for the collaborative "Automotive Robot Strategic Cooperation Project" between major Chinese automaker Geely and tech giant Baidu, a new brand called "Jiyue" has been officially unveiled on August 14.

Aug. 15 , 2023
China’s auto-grade semiconductor firm SiPower closes third funding round
China’s auto-grade semiconductor firm SiPower closes third funding round

Suzhou Xizhi Technology Co., Ltd. ("SiPower"), a Chinese third-generation semiconductor high-tech company, announced on August 14 it has successfully concluded its third funding round, amassing nearly 100 million yuan.

Aug. 15 , 2023
BYD Song L SUV included catalogue issued by MIIT
BYD Song L SUV included catalogue issued by MIIT

The BYD Song L, BYD's B-segment SUV unveiled at the Auto Shanghai 2023, has been included in a catalogue recently issued by China's Ministry of Industry and Information Technology ("MIIT"), indicating that the model is ready for mass production.

Aug. 15 , 2023