Gasgoo Daily: FAW Group and China Telecom Sign Agreement to Deepen Strategic Cooperation
FAW Group and China Telecom have recently signed an agreement in Beijing to further enhance their strategic partnership. This new phase of collaboration will see the two companies working together in various areas, including autonomous driving, V2X services, basic internet services, AI computing, international business, industrial investment, and brand innovation. By combining their strengths, FAW Group and China Telecom aim to create an intelligent, connected, and digital automotive ecosystem.
BYD Partners with Sydney Roosters for Five-Year Collaboration
BYD has announced a five-year strategic partnership with Sydney Roosters, a renowned team in Australia’s National Rugby League. This partnership will extend to all of Sydney Roosters’ home games and community events, allowing BYD to enhance its brand presence in Australia through the team’s official channels.
LUXEED R7 Surpasses 80,000 Units in Fixed Order Volume
Huawei’s HIMA has revealed that the fixed order volume for the LUXEED R7 model has exceeded 80,000 units in just over five months since its launch. Developed in collaboration with Chery, this electric coupe-style SUV is available in Pro, Max, and Ultra variants, with prices ranging from 259,800 to 339,800 yuan.
Black Sesame Technologies Collaborates with Academician Liu Sheng on Humanoid Robotics Innovation
Black Sesame Technologies has announced a strategic partnership with Mr. Liu Sheng’s team, a renowned academician and Executive Dean at Wuhan University. This partnership aims to drive technological advancements and innovative applications in humanoid robotics.
Geely Launches Global-Oriented All-Electric SUV EX5 in Australia and New Zealand
Geely has introduced its all-electric SUV, the Geely EX5 (known as the Geely Galaxy E5 in China), to the Australian and New Zealand markets. The launch of the new overseas user brand, “GEELY·GO,” accompanies the introduction of the global-oriented SUV.
FAW Audi and Zhongsheng Group Expand Dealership Network
FAW Audi and Zhongsheng Group have signed a strategic cooperation agreement to strengthen their collaboration. The partnership will focus on expanding the dealership network, developing new energy vehicle business, implementing innovative business models, and enhancing user experience.
Horizon Continental Technology Secures Angel Funding for Technological Advancements
Horizon Continental Technology, a joint venture between Horizon Robotics and Continental AG, has recently completed an angel funding round worth several hundred million yuan. The funding will support technological breakthroughs in the automotive industry.
Geely Galaxy Launches LEVC L380 Land Airbus Series All-Electric MPV
Geely Auto’s Galaxy brand has officially launched its high-end all-electric MPV, the LEVC L380 “Land Airbus” series, in the market. The new vehicle is available in five variants, with prices ranging from 299,900 yuan to 599,900 yuan.
China’s Power Battery Installed Capacity Sees Significant Year-on-Year Surge
In February 2025, China’s power battery installed capacity reached 34.9 GWh, reflecting a 94.1% year-on-year increase. Despite a month-on-month decline, the surge in installed capacity indicates significant growth in the power battery industry.
NEVC and Freetech Establish Joint Laboratory for Automotive-Grade Chip Development
China’s National New Energy Vehicle Technology Innovation Center (NEVC) and Freetech have signed a cooperation agreement to establish a joint laboratory for chip development. This collaboration aims to drive innovation in automotive-grade chip technology.
WeRide Launches Robobus Pilot Service in Barcelona
WeRide, an autonomous driving technology company, has launched its autonomous minibus (Robobus) pilot service in downtown Barcelona in partnership with Renault Group. This initiative marks a significant step towards the integration of autonomous vehicles in urban transportation.
Hesai Technology Secures Exclusive Supply Agreement with Leading European Automaker
LiDAR maker Hesai Technology has secured a milestone multi-year exclusive supply agreement with a prominent European automaker. This agreement highlights Hesai’s expertise and innovation in LiDAR technology.
ECARX Reports 18% Year-on-Year Revenue Growth in 2024
ECARX has achieved an 18% year-on-year growth in annual revenue for 2024, with total revenue reaching 5.56 billion yuan. The company’s strong financial performance reflects its commitment to innovation and growth in the automotive industry.
