The Latest Breaking News from GAC

The Saudi government has raised the minimum limit of annual sales at which entities should notify the authority of economic concentration transactions to SAR 200 million ($53.3 million) from SAR 100 million ($26.6 million). The decision was based on the annual review made by the General Authority for Competition (GAC),…

Automaker’s EV unit will develop its own smart car system as Huawei doubles down on a competing business model for automotive partnerships

The Grievance Appellate Committee portal was officially launched today by the union ministry of electronics and information technology under the IT Rules. This mechanism can be approached by users dissatisfied with decisions made by grievance officers of social media companies and other intermediaries.

December brought a massive record of global passenger plug-in electric sales, taking the full-year volume beyond 10 million units.

Some 671,450 new passenger plug-in electric cars were registered in China in December, which is 32 percent more than a year ago and the best result ever.

The brand leaves the country after only six years.

The overall car sales in China decreased in November, but the plug-in electric car market does not stop growing, not even for a while.

Aion debuted the brand-new Hyper GT electric grand tourer at the 2022 Guangzhou Auto Show, calling it “the world’s lowest wind resistance production car.”

The global passenger xEV (BEVs, PHEVs, HEVs) battery market continues its unprecedented growth in 2022, leaving 2021 results far behind.

China remains the largest and one of the fastest growing plug-in electric car markets in the world with another strong month in October.

Jeep maker Stellantis NV's money-losing joint venture in China is filing for bankruptcy following its decision to dissolve the partnership and import its SUVs into the country.