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SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024
SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024

SAIC-GM-Wuling ("SGMW") recently revealed via its WeChat account its ambitious goal to manufacture and sell 700,000 new energy vehicles in 2024.

Jan. 25 , 2024
Chery EXEED launches LX C-DM plug-in hybrid electric SUV
Chery EXEED launches LX C-DM plug-in hybrid electric SUV

On January 24, Chery's EXEED brand introduced the LX C-DM compact SUV with the 1.5T C-DM plug-in hybrid electric system.

Jan. 25 , 2024
Dongfeng Motor’s R&D investment to reach 100 billion yuan in 2021-2025 period
Dongfeng Motor’s R&D investment to reach 100 billion yuan in 2021-2025 period

During the 14th Five-Year Plan period (2021-2025), Dongfeng Motor's cumulative R&D investment is set to reach 100 billion yuan, with no less than 6% dedicated to R&D for its wholly-owned brands.

Jan. 25 , 2024
Shanghai puts around 354,000 new energy vehicles on roads in 2023
Shanghai puts around 354,000 new energy vehicles on roads in 2023

Chinese megacity Shanghai deployed a total of 354,000 new energy vehicles (NEV) across the year of 2023, resulting in a citywide cumulative NEV population of 1.288 million units

Jan. 25 , 2024
BYD teases fire new A0-segment SUV model Yuan UP
BYD teases fire new A0-segment SUV model Yuan UP

BYD recently released official teaser images for its upcoming model, the Yuan UP, set to hit the market in March this year. This marks the first A0-segment SUV built on BYD's e-Platform 3.0.

Jan. 25 , 2024
Gasgoo Daily: SERES Group forecasts 4.09%-7.02% YoY growth in 2023 annual revenue
Gasgoo Daily: SERES Group forecasts 4.09%-7.02% YoY growth in 2023 annual revenue

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

Jan. 25 , 2024