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Haval’s first large-sized SUV to be all-new Haval H5
Haval’s first large-sized SUV to be all-new Haval H5

Haval, the SUV-dedicated brand of Great Wall Motor (“GWM”), announced on Mar. 9 via its WeChat account that its first large-sized SUV model will be part of the Haval H5 lineup.

Mar. 10 , 2023
China’s power battery installed capacity zooms up 60.4% YoY in Feb. 2023
China’s power battery installed capacity zooms up 60.4% YoY in Feb. 2023

In Feb. 2023, China's power battery output reached 41.5GWh, jumping 30.5% year on year, while also surging 47.1% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Mar. 10 , 2023
Gasgoo Daily: HOZON Auto’s NETA releases images of NETA GT
Gasgoo Daily: HOZON Auto’s NETA releases images of NETA GT

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

Mar. 10 , 2023
Toyota Motor posts first YoY sales growth in China in four months
Toyota Motor posts first YoY sales growth in China in four months

​In the second month of 2023, among the three major Japanese automakers in China, both Honda Motor and Nissan Motor still face a double-digit year-over-year downturn in monthly sales in the country, while Toyota Motor saw its monthly performance reco

Mar. 10 , 2023
CATL boasts 152.07% YoY hike in 2022 annual revenue
CATL boasts 152.07% YoY hike in 2022 annual revenue

Contemporary Amperex Technology Co., Ltd. (“CATL”) announced on Mar. 9 that its annual revenue reached 328.594 billion yuan ($47.191 billion) in the year of 2022, surging 152.07% from the previous year.

Mar. 10 , 2023
Great Wall Motor’s Feb. 2023 auto sales dip 3.65% YoY
Great Wall Motor’s Feb. 2023 auto sales dip 3.65% YoY

Great Wall Motor (“GWM”) announced on Thursday its sales reached 68,209 vehicles in Feb. 2023, edging down 3.65% from a year earlier.

Mar. 10 , 2023