Gasgoo Daily: Keeping You Informed on Automotive News in China
Gasgoo Daily is your go-to source for the latest and most important automotive news in China. We aim to provide you with daily updates on the key developments shaping the automotive industry in the country. From new product launches to strategic partnerships, industry trends, and more, Gasgoo Daily has got you covered.
STARAUTO’s Official Weibo Account Goes Live
DreamSmart Group recently launched the official Weibo account for its automotive business unit, STARAUTO. The account’s first message signals a new era in intelligent cockpits, with a focus on redefining cars with passion. Stay tuned for updates on STARAUTO’s latest innovations and developments.
Changan NEVO Reports Strong Performance
Changan Automobile’s NEVO range of new energy vehicles delivered an impressive 12,823 units in August 2024. The brand continues to gain traction in the market, thanks to its commitment to innovation and sustainability.
AIRTOUCH Secures Series D Funding
Radar chip developer AIRTOUCH recently announced the successful completion of its Series D funding round. The company plans to use the funds to expand its market presence, develop next-generation radar chips, and enhance its product portfolio to stay ahead of the competition.
Exciting Updates from Changan Automobile and Continental Tires
Changan Automobile is gearing up to start production at its new energy vehicle facility in Thailand in the first quarter of 2025. Meanwhile, Continental Tires’ Hefei plant in China celebrated a significant milestone, producing its 100 millionth passenger car tire. These achievements underscore the companies’ commitment to growth and innovation.
Collaboration in the EV Charging Sector
Dongfeng Motor’s MHERO Technology announced a strategic partnership with NIO Power to facilitate EV charging for MHERO vehicles. This collaboration will enhance the charging infrastructure for electric vehicles, making it more convenient for consumers to adopt sustainable transportation solutions.
BYD Expands Presence in Ecuador
BYD introduced its Yuan UP model in the Ecuadorian market, further solidifying its position in the region. The unveiling took place at the Automundo Auto Show in Quito, showcasing BYD’s commitment to offering innovative and eco-friendly vehicles to consumers.
Strategic Partnerships for Future Growth
Qianxun SI and Hi-Target recently formed a comprehensive strategic partnership to deploy BeiDou-based positioning solutions. Similarly, SERES signed an agreement with SAE-China to drive the development of intelligent connected new energy vehicles. These partnerships highlight the industry’s focus on collaboration and innovation to shape the future of mobility.
Investment in Technology and Production
Ecar Tech secured 200 million yuan in strategic funding for its IDV chassis and vehicle technology development. Mercedes-Benz also announced plans to invest over 14 billion yuan in China to expand its localized production of passenger vehicles and vans. These investments underscore the industry’s commitment to advancing technology and expanding its manufacturing capabilities.
Stay tuned to Gasgoo Daily for more updates on the latest developments in the automotive industry in China. With our dedicated team of reporters and industry experts, we’ll keep you informed and ahead of the curve.
