Gasgoo Daily: Geely Holding Aims to Surpass 5 Million Annual Vehicle Sales by 2027
Geely Holding Group has set ambitious strategic goals for the coming years, with a target to exceed annual vehicle sales of 5 million vehicles by 2027. The Chinese automotive giant is focusing on leading the way in electrification, intelligent transformation, and high-quality development.
SAIC-GM-Wuling Makes Breakthrough with Shenlian Battery Production in Indonesia
SAIC-GM-Wuling has achieved a major milestone by rolling out its first locally produced Shenlian battery in Indonesia. This marks Wuling as the first Chinese automobile brand to establish power battery production in the Indonesian market, showcasing its commitment to regional localization efforts.
2025 Volkswagen ID.4 CROZZ Enters Chinese Market
The 2025 Volkswagen ID.4 CROZZ, a compact all-electric SUV, has officially launched in the Chinese market with four trim options available. The vehicle boasts enhancements in power performance, infotainment system, and intelligent driving systems compared to its predecessor, catering to the growing demand for electric vehicles in China.
Kankan Tech Secures Pre-B+ Funding for Optical Image Solutions
Beijing Kankan Intelligent Technology Co., Ltd. has successfully completed a Pre-B+ funding round, raising hundreds of millions of yuan for its full-stack optical image solution offerings. The company continues to drive innovation in the optical image technology sector.
China Unveils First Distributed Electric-Driven Flying Car
China’s Southeast University has introduced the country’s first distributed electric-drive flying car, known as “Southeast University · Kunpeng No.1”. Developed by the university’s Department of Automotive Engineering, this groundbreaking innovation signifies advancements in intelligent electric transport equipment.
GAC Energy Launches Dedicated Charging Station for Heavy-Duty Trucks
GAC Energy has unveiled its first charging station specifically designed for heavy-duty trucks in Guiping city, Guangxi Zhuang Autonomous Region. This strategic move marks GAC Energy’s entry into the heavy-duty truck energy replenishment market, showcasing its commitment to diversified energy development.
Shanghai Introduces Training Data Collection Vehicles with Autonomous Driving Capabilities
Shanghai has launched a fleet of 30 IM L6 data collection vehicles, equipped with autonomous driving technology, in Pudong New Area. This initiative signifies Shanghai’s progress in advancing its high-level autonomous driving ecosystem, paving the way for future innovation in the automotive industry.
SGMW Achieves Impressive Sales Milestone in 2024
SAIC-GM-Wuling (SGMW) has announced that its sales for 2024 surpassed 1.54 million vehicles, reflecting a significant year-on-year growth of 9.76%. The achievement underscores SGMW’s strong performance and market presence in the automotive sector.
JAC Yiwei Collaborates with CATL on Smart Chassis Development
JAC Yiwei, a subsidiary of JAC Group, has signed a technical cooperation agreement with Contemporary Amperex Intelligence Technology (Shanghai) Limited (CAIT-SH) to collaborate on smart chassis development. This partnership highlights the companies’ commitment to innovation and technological advancement in the automotive industry.
CATL Partners with FAW Jiefang to Drive New Energy Commercial Vehicle Innovation
CATL and FAW Jiefang have signed a strategic cooperation agreement to collaborate in the field of new energy commercial vehicles. The partnership aims to leverage their respective strengths to advance product development, resource alignment, R&D projects, industrial ecosystem construction, and business model innovation in the new energy commercial vehicle sector.
LUXEED R7 Garners Strong Demand with Over 58,000 Orders
Huawei’s smart car alliance, Harmony Intelligent Mobility Alliance, has announced that cumulative fixed orders for the LUXEED R7 model have exceeded 58,000 units within 100 days of its market launch. The impressive demand for the LUXEED R7 underscores its popularity and appeal in the market.
CATL and Conch Group Collaborate to Drive Green Transformation
CATL and Anhui Conch Group (“Conch”) have formed a strategic cooperation agreement to drive green transformation in multiple sectors, including mining, manufacturing, and logistics. The partnership combines their expertise in advanced battery technology, new material development, and application scenarios to foster collaboration and innovation.
Lynk & Co Debuts Flagship SUV, Lynk & Co 009
Lynk & Co has unveiled its latest model, the Lynk & Co 900, a flagship six-seater SUV built on the SPA Evo platform. The dedicated architecture for large plug-in hybrid electric vehicles showcases Lynk & Co’s commitment to innovation and sustainability in the automotive industry.
Changan Automobile Reports Strong Sales Growth in 2024
Chinese automaker Changan Automobile has announced a 5.12% year-on-year rise in its annual sales for 2024. The company’s monthly sales volume for December 2024 reached 250,689 vehicles, reflecting a 16.55% increase compared to the previous year.
Black Sesame Technologies and iSoft Infrastructure Software Launch Solutions with C1200 Chip Family
Black Sesame Technologies and iSoft Infrastructure Software have collaborated to introduce automotive open system architecture software solutions based on Black Sesame’s Wudang C1200 chip family. The solutions feature iSoft’s Lingzhi safety vehicle control operating system and Lingxi intelligent driving operating system, offering advanced capabilities for the automotive industry.
Geely Auto Aims for Sales Growth Through Tech Innovation and Global Expansion
Geely Auto has set an ambitious annual sales target of 2.71 million units for 2025, with a focus on product and technology innovation, global market expansion, and diversified energy solutions. CEO Gan Jiayue outlined the company’s strategy to achieve sustainable growth and success in the competitive automotive market.
FAW Hongqi Achieves Record Sales Performance in 2024
FAW Group’s Hongqi brand has reported a record-high annual sales performance in 2024, with a total of 411,777 vehicles sold throughout the year. This achievement marks the seventh consecutive year of year-on-year growth for Hongqi, showcasing its strong market presence and customer appeal.
iMotion and Continental Smart Core Partner to Develop Lightweight Urban Navigation Product
iMotion has partnered with Continental Smart Core Technology (Shanghai) Co., Ltd. to co-develop a lightweight urban navigation driving product based on Robotics’ Journey® 6 series computing solutions. The collaboration aims to enhance urban navigation capabilities and deliver innovative solutions for the automotive industry.
XPENG and Volkswagen Group Collaborate on Super-Fast Charging Networks
XPeng Inc. and Volkswagen Group China have announced a strategic partnership in the field of super-fast charging networks, signing a memorandum of understanding to drive innovation and sustainability in electric vehicle charging infrastructure. The collaboration aims to enhance the charging experience for electric vehicle owners and promote the adoption of electric vehicles in the market.
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