Gasgoo Daily: Changan Automobile Aims to Sell 5 Million Vehicles Annually by 2030
Changan Automobile Chairman Zhu Huarong has set an ambitious target for the company – to sell 5 million vehicles annually by 2030, with 30% of sales coming from overseas markets. This announcement was made at the 4th CHANGAN Tech Ecosystem Conference, showcasing the company’s commitment to growth and expansion in the automotive industry.
ZF’s Electric Park Brake System Production Nears 100 Million Sets in China
ZF, a global leader in automotive technology, has achieved a significant milestone with its electric park brake (EPB) production surpassing 250 million sets worldwide. In China alone, ZF has produced nearly 100 million sets of EPB since 2007, with manufacturing facilities in Zhangjiagang, Wuhan, and Langfang cities.
Lynk & Co Establishes Sales Service Company in Changsha
Lynk & Co, a prominent player in the automotive industry, has recently set up a new sales and service company in Changsha, the capital of Hunan Province. This move signifies Lynk & Co’s commitment to expanding its presence and offerings in the market, with a focus on new energy vehicles, smart drones, and intelligent robots.
CATL Sees Revenue Drop YoY in Q3 2024, But Net Profit Jumps
Chinese battery giant CATL reported a decrease in revenue for the third quarter of 2024 (Q3 2024), standing at 92.278 billion yuan, a year-on-year decrease of 12.48%. Despite this decline, CATL’s net profit attributable to shareholders saw a significant increase of 25.97% to 13.136 billion yuan, showcasing the company’s resilience and profitability in a challenging market.
Zhixin Semiconductor Closes Series B Financing
Zhixin Semiconductor Co., Ltd., a key player in the automotive chip supply chain, recently concluded its Series B funding round, securing substantial investments to support its growth and innovation in the industry.
Changan Automobile Inaugurates Digital Intelligent Factory in Collaboration with China Unicom, Huawei
Changan Automobile has officially launched its new digital intelligent manufacturing factory, developed in partnership with China Unicom and Huawei. The AVATR 07, a mid-size SUV, was the first vehicle to roll off the production line at this state-of-the-art facility, highlighting Changan Automobile’s commitment to innovation and technological advancement.
DEEPAL S05 Compact New Energy SUV Hits Market
DEEPAL, Changan Automobile’s new energy vehicle brand, introduced its first compact SUV, the DEEPAL S05, to the market. With six trim levels available across battery-electric (BEV) and range-extended electric (REEV) powertrain options, the DEEPAL S05 offers customers a versatile and eco-friendly driving experience.
Shineray Motors and BWI Group Forge Strategic Partnership in Intelligent Chassis Field
Shineray Motors and BWI Group have signed a strategic cooperation agreement to drive innovations in intelligent chassis systems. This partnership aims to accelerate the development and deployment of cutting-edge technologies in the automotive industry, enhancing vehicle performance and safety.
BYD Seal 06 GT Model Hits Market
BYD has unveiled its Seal 06 GT model, designed specifically for young drivers, with prices starting at 136,800 yuan. This sleek and stylish GT model caters to the preferences of a younger demographic, offering a unique driving experience at an affordable price point.
BYD Enters Strategic Partnership with Black Myth: Wukong
BYD has formed a strategic partnership with the popular Chinese video game Black Myth: Wukong, becoming its exclusive automotive brand partner. This collaboration showcases BYD’s innovative approach to marketing and brand promotion, leveraging the popularity of the gaming industry to reach a wider audience.
Chery Celebrates Production Milestone of 15 Million Vehicles
Chery Automobile has reached a significant milestone with the production of its 15 millionth vehicle globally. This achievement highlights Chery’s long-standing presence and success in the automotive market, solidifying its position as a key player in the industry.
This article highlights key developments and milestones in the automotive industry, showcasing the innovation, growth, and strategic partnerships that are shaping the future of mobility. Stay tuned for more updates and insights on Gasgoo Daily.
