Gasgoo Daily: Leapmotor Achieves Record Revenue of 32.16 Billion Yuan in 2024
Leapmotor recently announced its annual financial report for the year 2024, revealing a staggering revenue of 32.16 billion yuan. The company has shown consistent growth over the past year, with an impressive overall annual gross margin of 8.4%, reaching a record high.
DENZA N9 Set to Launch on March 21
BYD’s DENZA brand is gearing up for the global market launch of the DENZA N9 on March 21. This highly anticipated model, which has been available for pre-sales since February 21, is priced competitively between 450,000 yuan and 550,000 yuan.
FOTON’s Thailand Plant Celebrates Milestone with 2,000th Heavy-Duty Truck
FOTON, a subsidiary of BAIC Group specializing in commercial vehicles, recently marked a significant milestone with the production of its 2,000th heavy-duty truck at its plant in Thailand. The company has ambitious plans to introduce 12 new models to the Thai market in 2025.
LimX Dynamics Secures Series A+ Funding for Robotics Innovation
LimX Dynamics, a pioneering embodied intelligence robotics company, has successfully closed its Series A+ financing round, bringing its total Series A funding to an impressive 500 million yuan within just six months. This funding will further drive the company’s innovation and growth in the robotics sector.
Dongfeng Peugeot-Citroën to Establish NEV Production Base in Wuhan
Dongfeng Peugeot-Citroën (DPCA), a joint venture between Dongfeng Motor and Stellantis, has signed an investment cooperation agreement with Wuhan Economic and Technological Development Zone to build a new energy vehicle (NEV) production base. This strategic move underscores DPCA’s commitment to sustainable mobility solutions.
ARCFOX Expands into Latin American Market with Three EV Models
ARCFOX, the premium electric vehicle brand under BAIC Group, recently entered the Latin American market with the launch of three EV models in Costa Rica. This expansion signifies ARCFOX’s global growth strategy and commitment to offering innovative electric vehicles in new markets.
MAEXTRO Inaugurates Shanghai Design Center for NEV Innovation
MAEXTRO, a luxury new energy vehicle (NEV) brand developed by JAC Group and Huawei, has officially opened its Shanghai Design Center. This milestone highlights MAEXTRO’s dedication to design and innovation in the competitive NEV market.
MINIEYE Secures Supply Deals for Smart Cockpit Solutions
MINIEYE, a leading Chinese smart car solution developer, has secured supply deals for its driver monitoring system (DMS) and occupant monitoring system (OMS) solutions with a prominent global automaker. This partnership underscores MINIEYE’s reputation for cutting-edge smart cockpit technology.
ZEEKR Teases Flagship SUV 9X Grand
ZEEKR, the premium new energy vehicle brand under Geely Holding, has unveiled a teaser for its upcoming flagship SUV, the ZEEKR 9X Grand. This highly anticipated model promises to deliver exceptional performance and innovative features to the electric vehicle market.
