Friday, March 29, 2024

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Cango

Cango Inc. (NYSE: CANG) is a leading automotive transaction service platform in China connecting dealers, financial institutions, car buyers, and other industry participants. Founded in 2010 by a group of pioneers in China's automotive finance industry, the Company is headquartered in Shanghai and engages car buyers through a nationwide dealer network.

Auto Production and Sales Amid Worldwide Chip Shortage

Chip Shortage Affecting Auto Production and Sales The widely-publicized global semiconductor chip shortage brought about by the Covid-19 pandemic is causing disruptions across all industries,...

Worldwide Chip Shortage’s Effects on the Auto Industry

Auto Industry Faces a Chip Squeeze The Covid-19 pandemic has wreaked havoc in the global supply chain and created shortages across all industries, including a...

Synergies of the Traditional and Direct Sales Models

With Tesla's introduction of the direct sales model and new energy vehicles (NEVs) driving sweeping change across the entire auto industry, traditional 4S dealers...

New Energy Vehicles Driving Industry-Wide Changes

A new sales model for new energy vehicles (NEVs) Traditionally, automobile manufacturers produce cars and sell them wholesale to dealers, who conduct retail sales to...

China’s Evolving Automobile Sales Model

Drivers of the ongoing transformation of the automobile sales model Since the invention of the automobile, its sales model has remained generally static. Automobile manufacturers...

For China: The Time for Automotive-Grade Chips is Now

Notably, Horizon Robotics is the only company in China that has secured mass production orders for automotive-grade AI chips. With the ongoing chip shortage...

China’s Burgeoning Autonomous Driving Market

Autonomous driving is the future, and when it comes to autonomous driving solutions, Baidu Apollo has always attracted much attention. With Baidu's support, Apollo...

New Era for Smart Vehicles – Tech Companies Disrupt Auto Industry Chain

In the 130 years since the first-ever car was made, the auto industry has progressed by leaps and bounds, forging ahead despite constant challenges...

China’s Automobile Industry – at the Brink of a New Era

If we were to split the auto industry's hundred-year history into four developmental stages, it would look something like this. The first was the...

Developing Auto Intelligence Amid a Worldwide Industry Shift Toward Autonomous Driving

Auto intelligence and connectivity are the most challenging aspects of automakers' broader transition toward electrification, intelligence, connectivity, and shared mobility. According to a Deloitte...

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