Articles Tagged with "HASCO"

HASCO moves into solid-state battery field with SAIC QingTao stake purchase
HASCO moves into solid-state battery field with SAIC QingTao stake purchase

Following the transaction, HASCO will hold 49% stake in SAIC QingTao.

Aug. 28 , 2025
Covestro, HASCO Vision partner to pilot green logistics for low-carbon automotive supply chains
Covestro, HASCO Vision partner to pilot green logistics for low-carbon automotive supply chains

Under the agreement, the two companies will jointly test and deploy low-emission fuels, new energy vehicles such as electric heavy-duty trucks, and other sustainable logistics technologies within key logistics scenarios in and around Shanghai.

Jun. 24 , 2025
HASCO sees increase in net profit in 2021, Q1 2022
HASCO sees increase in net profit in 2021, Q1 2022

SAIC Motor-backed auto parts supplier HUAYU Automotive Systems Company (HASCO) reported annual revenue of RMB139.944 billion ($21.17 billion) in 2021, up 4.8% year over year.

May 5 , 2022
ABB China to become shareholder of Hasco Shanghai's subsidiary at 40%
ABB China to become shareholder of Hasco Shanghai's subsidiary at 40%

China’s auto parts conglomerate Hasco Group's subsidiary, Hasco Shanghai has struck a package deal with ABB Group’s China subsidiary, ABB China, regarding joint venture and capital increase aspects, to deepen their cooperation in the intelligent manu

Dec. 30 , 2021