Gasgoo Daily: Geely Automobile Raises Annual Sales Target to 2 Million Vehicles
Geely Automobile Holdings Limited (“Geely Automobile”) recently held its 2024 Q1 financial performance briefing, where it was announced that the company had sold a total of 950,000 vehicles in the first half of the year. This achievement represents 50% of Geely’s initial annual sales target of 1.9 million units. Due to positive expectations for the second half of the year, Geely Automobile has decided to raise its annual sales target to an impressive 2 million units.
Marelli Appoints New President for Chinese Market’s Business
Leading mobility supplier Marelli has appointed Mr. Kelei Shen as the group’s Global Executive Vice President and President of Marelli China, effective July 1, 2024. Mr. Shen will be responsible for driving Marelli’s growth strategy in the Chinese market.
2025 Jaguar F-PACE Launches in Chinese Market
The highly anticipated 2025 Jaguar F-PACE has officially been introduced to the Chinese market. This latest model offers three variants priced between 478,000 yuan and 668,000 yuan. The new F-PACE boasts upgraded driver assistance systems and is available with a choice of 2.0T and 3.0T engines.
XPENG Unveils MONA M03 All-Electric Car
XPENG recently unveiled the MONA M03, the first production model under the new MONA series. The global debut of the MONA M03 took place on July 3, with interior details being kept confidential for now. The MONA M03 is targeting the 100,000-yuan to 150,000-yuan market segment, with pre-orders currently being accepted ahead of the official market release in August.
GWM POER Achieves Milestone with 600,000th Pickup Truck
Great Wall Motor (GWM) proudly announced that the 600,000th GWM POER pickup truck has rolled off the production line, marking a significant milestone for the company.
SERES Group Strengthens Partnerships and Acquisitions
SERES Group has been making strategic moves in the industry, signing a partnership agreement with the Auto Talents Committee of China Talents Society to support the development of high-end automotive talent strategies. Additionally, SERES Group’s subsidiary, SERES Automobile Co., Ltd., is set to acquire trademarks and patents from Huawei for the AITO series vehicles, enhancing its position in the market.
Innovative Collaboration in Automotive Software R&D Field
Neusoft Reach and TASKING have entered into a strategic cooperation agreement to develop high-performance automotive software platform products and solutions. This collaboration will leverage their expertise in automotive foundational software, autonomous driving, electrification, embedded tools, and automotive functional safety.
Honda Motor and SAIC Audi Report Sales Performance
Honda Motor experienced a 21.48% year-on-year drop in sales in China for the first half of 2024. In contrast, SAIC Audi saw a remarkable 107% surge in auto sales during the same period, selling nearly 20,000 vehicles.
EHang and CSGAC Partner for Unmanned eVTOL Operation
EHang and China Southern Airlines General Aviation Company Limited (“CSGAC”) have signed a memorandum of understanding to collaborate on the operation of EHang’s unmanned eVTOL aircraft. This partnership aims to explore new business models in the low-altitude economy.
This rewritten content has been seamlessly integrated into a WordPress platform, ensuring a unique and engaging reading experience for automotive enthusiasts.
