Gasgoo Daily: Providing Daily Automotive News in China
Gasgoo Daily is your go-to source for daily updates on the latest automotive news in China. We cover a wide range of topics, from new vehicle launches to industry trends and market insights. Our team of expert reporters is dedicated to bringing you the most relevant and up-to-date information to keep you informed and ahead of the curve in the fast-paced world of automotive technology.
SAIC-GM-Wuling’s Binguo EV Makes a Splash in Thailand
SAIC-GM-Wuling has officially launched its Binguo EV in Thailand, offering consumers a new electric vehicle option with prices ranging from 419,000 baht to 449,000 baht. Following the success of the Wuling Air EV, the Binguo EV is set to make a significant impact on the Thai market, providing a quality transportation solution for environmentally-conscious consumers.
NavInfo Forecasts Net Loss in First Half of 2024
NavInfo has announced a projected net loss of 295 million to 383 million yuan for the first half of 2024, compared to a net loss of 295 million yuan in the same period last year. The company continues to navigate challenges in the rapidly evolving automotive industry, with a focus on innovation and adaptation to changing market dynamics.
Porsche Sees Decline in China Sales in First Half of 2024
Porsche has reported a 33% year-over-year drop in sales in China for the first half of 2024, with global sales down 7% compared to the same period last year. Despite challenges in the market, Porsche remains committed to delivering high-quality vehicles and exceptional customer experiences to its loyal customer base.
Continental AG Expands Operations in Changchun
Continental AG has announced the official commencement of the Phase II expansion project at its Jingyue factory in Changchun, Jilin province. The expansion project is set to enhance the company’s manufacturing capabilities and strengthen its presence in the Chinese market, demonstrating Continental AG’s commitment to growth and innovation.
China Surpasses 24 Million New Energy Vehicles on the Road
As of June 2024, China has reached a milestone of 24.72 million new energy vehicles on the road, out of a total of 440 million motor vehicles. This significant growth in the NEV market reflects China’s commitment to sustainable transportation and reducing carbon emissions in the automotive sector.
GAC Group Reports Decline in Auto Sales, Surge in Exports
GAC Group has reported a 30.77% decline in automobile wholesales for June 2024, with total wholesale volume down 25.79% for the first half of the year compared to the same period last year. Despite challenges in the domestic market, GAC Group has seen a surge in car exports, demonstrating the company’s resilience and adaptability in a competitive industry.
Huawei Expands R&D Center in Guangzhou
Huawei’s Guangzhou R&D Center is set to complete Phase I of its expansion project by September, further enhancing the company’s research and development capabilities in the automotive sector. The center’s completion will enable Huawei to drive innovation and develop cutting-edge technologies for the future of connected vehicles.
SENIOR Receives Road Test Permit for Autonomous Vehicles
SENIOR has been awarded an intelligent connected vehicle road test permit in Ningbo, Zhejiang province, allowing the company to conduct road tests and pilot operations for its autonomous driving solutions. This milestone underscores SENIOR’s commitment to advancing autonomous vehicle technology and promoting safe and efficient transportation solutions.
Flagchip and LEN Technology Partner to Enhance Automotive Chips
Flagchip and LEN Technology have formed a strategic partnership to enhance automotive chip solutions, combining MCU and analog products for the automotive sector. The collaboration aims to drive innovation and deliver high-performance chip solutions that meet the evolving needs of the automotive industry.
BYD and Ayvens Collaborate to Boost Green Mobility in Europe
BYD and Ayvens have signed a strategic cooperation memorandum of understanding to promote the green transformation of transportation in Europe. The partnership will leverage BYD’s expertise in electric vehicles and Ayvens’ sustainable mobility services to drive innovation and accelerate the adoption of green transportation solutions in the European market.
Dongfeng Motor Establishes Dedicated Auto Parts Division
Dongfeng Motor Corporation has launched an automotive parts project, establishing a dedicated Parts Division to manage its components business centrally. This strategic move is aimed at driving transformation and creating a leading parts company with core competitiveness, positioning Dongfeng Motor for long-term success in the automotive industry.
NEOLIX Launches Unmanned Delivery Vehicles in Lishui City
NEOLIX has received the first Intelligent Connected Vehicle Demonstration Application Notice from Lishui city, allowing the company to launch its unmanned delivery vehicles on public roads. This milestone marks a significant step forward for NEOLIX in advancing autonomous vehicle technology and revolutionizing last-mile delivery services.
China Sees Surge in New Energy Passenger Vehicle Production
In the first half of 2024, China’s new energy passenger vehicle production and wholesale volumes have jumped around 30% year-over-year, according to the China Passenger Car Association. This growth reflects the increasing demand for electric vehicles in the Chinese market and the country’s commitment to sustainable transportation solutions.
Stay tuned to Gasgoo Daily for more updates on the latest automotive news and industry developments in China. Subscribe to our newsletter and follow us on social media to stay informed and connected in the ever-changing world of automotive technology.
