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  GAC Group posts 27.6% MoM jump in September sales

  GAC Group announced its September sales results on Oct. 10. The automaker sold 173,000 vehicles last month, up 27.6% month-on-month (MoM), with all five major brands posting sequential growth.

• FTXT partners with Brazil's IPT on hydrogen heavy-duty vehicle R&D

  On Oct. 9, Great Wall Motor's hydrogen energy subsidiary GWM HYDROGEN-FTXT (FTXT) announced a strategic cooperation agreement with Brazil's Instituto de Pesquisas Tecnológicas (IPT).

• GEELY STARRAY EM-i begins mass production at Indonesia KD plant

  On Oct. 10, Geely Auto Group announced that the GEELY STARRAY EM-i (known as the Galaxy Xingjian 7 EM-I in China) has officially rolled off the production line at its KD (knock-down) plant in Purwakar...

• CATL's CAIT-SH raises over 2 billion yuan in first funding round

  Contemporary Amperex Intelligence Technology (Shanghai) Limited (CAIT-SH), a subsidiary of CATL specializing in intelligent skateboard chassis technologies, recently completed its first external fin...

• SERES-backed Phoenix Technology teams up with Volcano Engine in embodied intelligence field

  On Oct. 9, Chongqing Phoenix Technology Co., Ltd., a subsidiary of SERES Group, signed a strategic cooperation agreement with Volcano Engine, ByteDance's intelligent cloud service company, to jointly ...