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Gasgoo Daily: Tesla continues reducing lead-time of China-made models
Gasgoo Daily: Tesla continues reducing lead-time of China-made models

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

Sep. 7 , 2022
NIO’s vehicle sales in Q2 2022 grow YoY, but vehicle margin drops
NIO’s vehicle sales in Q2 2022 grow YoY, but vehicle margin drops

In the second quarter (Q2) of 2022, NIO Inc. recorded total revenue of 10,292.4 million yuan ($1,536.6 million), representing a 21.8% growth year-on-year and a 3.9% growth quarter-on-quarter.

Sep. 7 , 2022
Honda China, Dongfeng Motor, GAC Group to build battery procurement joint venture
Honda China, Dongfeng Motor, GAC Group to build battery procurement joint venture

Honda China announced today it had signed an agreement with Dongfeng Motor and GAC Group to build a power battery procurement joint venture.

Sep. 7 , 2022
Huawei-backed AITO’s all-electric M5 EV hits market
Huawei-backed AITO’s all-electric M5 EV hits market

On Sept. 6, AITO, the Chinese new energy vehicle (NEV) brand backed by Huawei and SERES, put its first all-electric model, the M5 EV, onto the market at the ICT giant's new product launch event.

Sep. 6 , 2022
Geely Automobile boasts 39% YoY leap in Aug. 2022 auto sales
Geely Automobile boasts 39% YoY leap in Aug. 2022 auto sales

Geely Automobile Holdings Limited (the "Company", together with its subsidiaries, the "Group") announced on Tuesday the Group sold 122,635 vehicles in August 2022, representing a year-on-year increase of around 39%.

Sep. 6 , 2022
FAW Hongqi unveils three new energy concept models
FAW Hongqi unveils three new energy concept models

Hongqi, the premium car brand of FAW Group, on Sept. 5 held a virtual ceremony where three head-turning new energy vehicle (NEV) concept models were unveiled.

Sep. 6 , 2022