In the first half of 2026, GAC Group sold 773,100 vehicles, a 2.35% increase year-on-year, with energy-saving and alternative fuel vehicles making up 62.82% of sales. The company's own brands grew 35.69%, driven by the "Panyu Action" plan, and exports soared 132% to 121,500 units, marking rapid growth in markets across the Americas, Asia-Pacific, Middle East, Africa, and Europe. Key models like the AION UT and AION ES performed strongly in Mexico and Bolivia, while sales surged dramatically in Brazil, Colombia, Uruguay, and other regions. GAC is expanding production and market presence, including starting AION UT production in Austria and strengthening its European footprint. The company plans to leverage its product and system strengths to exceed customer expectations in the second half of 2026.
The global lithium-ion battery market, valued at $68.5 billion in 2025, is projected to grow to $468.5 billion by 2035 at a CAGR of 21.2%. Growth is fueled by rising demand for electric vehicles, energy storage systems for renewable energy, and suppo...
At Intersolar Europe 2026 in Munich, Ganfeng LiEnergy presented its high-efficiency, cost-effective energy storage products designed for global energy transition needs. The company highlighted its large-capacity battery containers, ultra-long cycle c...
China International Capital Corporation (CICC) successfully held the 4th China-ASEAN Economic and Financial Seminar in Singapore, gathering over 200 representatives from government, investment, and business sectors. The event focused on capital flows...
On July 8, 2026, Cathie Wood sold $8 million of Advanced Micro Devices (AMD) stock in a single day. This significant sale by a well-known investor could indicate a shift in her portfolio strategy or a response to market conditions affecting AMD. Inve...
Uniswap has proposed reducing liquidity provider fee incentives by up to 33% in its V4 model, shifting focus from high rewards to lower trading costs and better capital efficiency. This change aims to increase trading volume enough to offset lower re...
