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