Gasgoo Daily: Keeping You Updated with Automotive News in China
Gasgoo Daily is your go-to source for daily updates on important automotive news in China. We cover a wide range of topics, from new vehicle releases to industry partnerships and everything in between. With Gasgoo Daily, you’ll never miss out on the latest developments in the Chinese automotive market.
BYD India Celebrates Milestone with 5,000th Vehicle Production
BYD, a leading electric vehicle manufacturer, recently reached a significant milestone at its India manufacturing plant. The 5,000th vehicle rolled off the production line on November 29, highlighting the company’s key role in the rapidly growing Indian electric vehicle market. This achievement underscores BYD’s commitment to innovation and sustainability in the automotive industry.
SAIC MOTOR Passenger Vehicle Appoints Zhou Xing as General Manager of MG Brand Division
SAIC MOTOR Passenger Vehicle Company, a subsidiary of SAIC Motor, has appointed Mr. Zhou Xing as the General Manager of the MG Brand division. With a wealth of experience in brand development, product design, marketing, and channel expansion, Zhou is well-equipped to lead the MG brand to new heights. His proven expertise in brand building and channel operations makes him a valuable addition to the SAIC MOTOR team.
FTXT, Liyuan Group, Yutong Collaborate on Hydrogen-Powered Heavy Trucks
FTXT, Liyuan Group, and Yutong have joined forces to deliver the first batch of hydrogen-powered heavy-duty trucks in Anyang City, Henan Province. These trucks, equipped with key components supplied by FTXT-Liyuan, are set to revolutionize the transportation of coke for Liyuan Group. This collaboration signifies a major step forward in promoting hydrogen vehicle applications in Henan and underscores the importance of sustainable transportation solutions.
Record High Passenger Car Wholesales in China for November 2024
In November 2024, China saw a record high in passenger car wholesales, with retail sales reaching 2.423 million units. This 16.5% year-on-year increase and 7.1% month-on-month rise reflect the strong demand for passenger vehicles in the Chinese market. The data, released by the China Passenger Car Association, highlights the resilience and growth potential of the automotive industry in China.
Dida Chuxing, JD Auto, Allianz JD Forge Strategic Partnership in Carpool Service
Dida Chuxing, JD Auto, and Allianz JD have formed a strategic partnership to enhance carpool services in China. By leveraging their respective strengths, these companies aim to create innovative solutions tailored to the ride-sharing ecosystem. The collaboration will focus on developing customized insurance products and improving post-trip services for Dida’s carpool service users, enhancing the overall customer experience.
Farizon Introduces New Energy Commercial Vehicle Models in Hong Kong, China
Farizon, a new energy commercial vehicle maker under Geely Holding, has unveiled several new energy vehicle models in Hong Kong. These include the Farizon SV, H9E intelligent light-duty truck, and U11M methanol-hydrogen bus, showcasing the brand’s commitment to sustainability and innovation. The launch of these models at the IMXpo 2024 in Hong Kong marks Farizon’s official entry into the Hong Kong market, signaling a new era of electric mobility in the region.
Joyson Electronics Plans Public Listing on HKEX
Ningbo Joyson Electronic Corp. has announced plans to issue H-shares and list on the Main Board of the Hong Kong Stock Exchange (HKEX). The funds raised will be used to drive the development and commercialization of next-generation intelligent automotive electronics and cutting-edge technologies. Joyson Electronics aims to expand its production capacity, enhance its supply chain, grow its international business, and pursue potential industry investments or acquisitions, positioning the company for long-term success in the automotive sector.
Geely Delivers Galaxy Starship 7 EM-i SUVs
Geely has launched the Starship 7 EM-i, the latest plug-in hybrid electric SUV model under its Galaxy range of new energy vehicles. Nationwide deliveries have already begun, showcasing Geely’s commitment to providing innovative and sustainable transportation solutions. The immediate availability of the Starship 7 EM-i underscores Geely’s dedication to meeting consumer demand for environmentally friendly vehicles.
ZEEKR Achieves Production Milestone of 400,000 Vehicles
ZEEKR, a brand under Geely, has reached a production milestone of 400,000 vehicles, highlighting the company’s rapid growth and success in the electric vehicle market. This achievement, which marks the production of the 4th 100,000 vehicles in just four months, demonstrates ZEEKR’s commitment to innovation and excellence in the automotive industry.
Geely Holding Reports Soaring New Energy Vehicle Sales in November 2024
Zhejiang Geely Holding Group has announced a significant increase in new energy vehicle sales, with a 60.6% year-on-year growth in November 2024. The company’s monthly automobile sales volume reached 355,021 units, setting a new record and highlighting Geely Holding’s strong performance in the Chinese automotive market. This growth reflects the increasing demand for electric vehicles and sustainable transportation solutions in China.
Hesai Technology Secures Exclusive LiDAR Supply Deal with Great Wall Motor
Hesai Technology has secured an exclusive production contract for several vehicle models from Great Wall Motor’s WEY and TANK SUV brands. These models will feature Hesai’s ATX LiDAR technology, which is set for mass production in 2025. This partnership underscores Hesai Technology’s leadership in LiDAR solutions and its commitment to driving innovation in the automotive industry.
AVATR Unveils Exterior Images of AVATR 06 Luxury Sedan
AVATR, a premium new energy vehicle brand backed by Changan Automobile, Huawei, and CATL, has revealed the exterior images of its second luxury sedan model, the AVATR 06. This announcement, made on the company’s WeChat account, highlights AVATR’s dedication to creating cutting-edge electric vehicles that blend style, performance, and sustainability. The AVATR 06 represents a new chapter in AVATR’s lineup of premium electric vehicles, showcasing the brand’s commitment to innovation and excellence.
China-UK Automotive Cooperation Forum Concludes Successfully
The “2024 China-UK Automotive Cooperation Forum and the Annual Conference of the UK Chinese Society of Automotive Engineers” was held at the University of Birmingham on December 7. This event brought together industry experts, policymakers, and stakeholders to discuss opportunities for collaboration and innovation in the automotive sector. The successful conclusion of the forum highlights the importance of international cooperation in driving the future of the automotive industry.
ZEROG Raises Over 100 Million Yuan in Series A+ Financing
Zero Gravity Aircraft Industry (ZEROG), a Chinese new energy aircraft manufacturer, has announced the successful completion of its Series A+ financing round, raising over 100 million yuan. This funding will support ZEROG’s continued growth and innovation in the aerospace sector, positioning the company for further success in the rapidly evolving industry.
COSCO SHIPPING, SIPG Increase Investment in SAIC Anji Logistics
COSCO SHIPPING Holdings Co., Ltd. and Shanghai International Port (Group) Co., Ltd. have signed a capital injection agreement with SAIC Motor Corporation Limited, SAIC Capital Company Limited, and SAIC Anji Logistics Co., Ltd. This collaboration underscores the commitment of all parties to enhancing logistics operations and driving innovation in the automotive industry. The increased investment in SAIC Anji Logistics will support the company’s growth and expansion in the market, creating new opportunities for sustainable transportation solutions.
XPENG Introduces XPENG X9 MPV Model to Thai Market
XPENG, a leading smart electric vehicle maker, has launched the XPENG X9 MPV model in the Thai market. This expansion into Thailand underscores XPENG’s commitment to international growth and its dedication to providing innovative electric vehicles to consumers around the world. The XPENG X9 combines cutting-edge technology, performance, and design, offering a premium driving experience for customers in Thailand and beyond.
GAC International Opens Brazil Office
GAC International has reached a significant milestone in its global expansion with the opening of its Brazil office in São Paulo. This move represents a strategic investment in the Brazilian market and signals GAC’s commitment to establishing a strong presence in South America. The new Brazil office will serve as a hub for GAC’s operations in the region, supporting the company’s growth and development in the Brazilian automotive market.
Stay tuned to Gasgoo Daily for more updates on the latest automotive news and developments in China. Our team is committed to keeping you informed and inspired by the exciting advancements in the automotive industry. Join us on this journey of innovation and sustainability as we explore the future of transportation together.
