Gasgoo Daily: Providing Daily Automotive News in China
Gasgoo Daily is your go-to source for all the latest automotive news in China. We pride ourselves on delivering important updates and insights on a daily basis. From groundbreaking industry developments to key business partnerships, Gasgoo Daily keeps you informed and connected to the dynamic world of automotive in China.
China Leads the Way in Electric Vehicle Charging Infrastructure
As of May 2024, China has surpassed all other countries to become the leader in electric vehicle charging infrastructure. With a total of 9.92 million charging units installed, China boasts the world’s largest and most diverse charging network. This impressive growth of 56% year-on-year highlights the country’s commitment to sustainable transportation solutions.
CATL Invests in IM Motors
Recent changes in shareholder composition at IM Motors Technology Co., Ltd. indicate a significant investment from key players such as CATL, SAIC Motor, and Bank of China Financial Asset Investment Co., Ltd. This strategic move is set to propel IM Motors towards further growth and innovation in the automotive industry.
GAC Group and Guangzhou Industry Investment Strengthen Strategic Cooperation
GAC Group and Guangzhou Industry Investment Holding Group have signed a strategic cooperation agreement to deepen their collaboration in talent development, technological innovation, and green initiatives within the automotive sector. This partnership signals a shared commitment to driving positive change and sustainable growth.
Exciting Updates from Leading Automotive Companies
– LEEKR Technology secures over 1 billion yuan in Series C financing, solidifying its position as a leader in intelligent chassis system solutions.
– Lynk & Co celebrates the production milestone of 10,000 units of the Lynk 07 EM-P model, showcasing the brand’s success and popularity in the market.
– Z-one Tech reaches a significant milestone with the production of the 10,000th set of smart car central brain ZXD1, highlighting its expertise in automotive intelligence.
– BAIC Group and CATL deepen their strategic cooperation in battery swap businesses, setting the stage for enhanced competitiveness in the new energy sector.
– Jaguar Land Rover partners with Chery to develop all-electric Freelander-branded vehicles, marking a new chapter in electric vehicle innovation and collaboration.
– Li Auto teams up with CNPC’s subsidiary to advance the development of EV charging facilities, underscoring their commitment to sustainable transportation solutions.
– Tesla begins delivering the Model 3 Performance version in China, offering customers a premium driving experience with cutting-edge technology.
– CATL breaks ground on the Beijing battery base project in collaboration with BAIC Group, Xiaomi Group, and Jingneng Group, signaling a major investment in battery technology.
– Momenta submits an overseas IPO application to CSRC for listing in the US, highlighting its global ambitions and growth trajectory in autonomous driving solutions.
Stay tuned for more exciting updates and insights from the world of automotive in China, only on Gasgoo Daily.
