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Ride Radar > Blog > News > Gasgoo Daily: China’s vehicle trade-in subsidy applications surpass 4 million
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Gasgoo Daily: China’s vehicle trade-in subsidy applications surpass 4 million

Last updated: November 19, 2024 3:34 pm
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Gasgoo Daily: Bringing You the Latest Automotive News from China

Gasgoo Daily is your go-to source for all the important automotive news coming out of China. We pride ourselves on keeping you informed with daily updates on the latest happenings in the Chinese automotive industry. From vehicle trade-in subsidies to groundbreaking technological advancements, we cover it all.

China’s Vehicle Trade-In Subsidy Applications Surpass 4 Million

The Ministry of Commerce of China recently reported that applications for China’s vehicle scrappage and replacement subsidies have exceeded 4 million as of November 18. Each program has accounted for over 2 million applications, showcasing the strong demand for these incentives in the Chinese market.

World’s First GWh-Scale Solid-State Battery Line Starts Operation in Wuhu, Anhui

Anhui Axxiva New Energy Technology Co., Ltd. made history by inaugurating the world’s first GWh-scale solid-state battery production line in Wuhu, Anhui Province. With a designed capacity of 1.25 GWh, this facility is set to accelerate the mass production of solid-state batteries.

Baidu RT6 Driverless Vehicle Costs Drop to 250,000 Yuan/Unit

Baidu CEO Robin Li announced at the 2024 China 5G + Industrial Internet Conference that the company’s RT6 driverless vehicle now costs just 250,000 yuan per unit. This model is the only mass-produced vehicle with pre-installed L4 autonomous driving capabilities globally, making it a game-changer in the autonomous vehicle market.

Chery Fulwin T9 Super Long Range Edition SUV Hits the Market at 183,900 Yuan

Chery Auto introduced the Fulwin T9 Super Long Range Edition, a mid-sized plug-in hybrid electric SUV priced at 183,900 yuan. With subsidies bringing the effective cost down to 148,900 yuan, this model offers a compelling option for eco-conscious consumers in China.

See also  China and South Korea Tailgating in Commercialization behind Japan’s Subsidy of Over US$660 Million for All-Solid-State Batteries in 2024, Says TrendForce

Li Auto Achieves Sales Milestone of 1 Million Vehicles

Li Auto proudly announced that its cumulative sales have surpassed 1 million vehicles, marking a significant milestone in the company’s rapid growth trajectory. This achievement underscores Li Auto’s growing presence in the Chinese automotive market.

XPENG AEROHT and Hainan Province Collaborate on Pilot Applications of Flying Cars

XPENG AEROHT and the Hainan Provincial Development and Reform Commission signed a strategic cooperation framework agreement to establish a “Flying Car Application Demonstration Island” in Hainan. This partnership aims to drive innovation in the field of flying cars and showcase the potential of this futuristic technology.

From electric vehicles to autonomous driving technology, the Chinese automotive industry is at the forefront of innovation. Stay tuned to Gasgoo Daily for the latest updates and insights on the dynamic automotive landscape in China.

TAGGED:applicationsChinasDailyGasgoomillionsubsidysurpasstradeinvehicle
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