Gasgoo Daily is your go-to source for important automotive news in China. Our daily updates cover a wide range of topics, from production milestones to strategic partnerships in the automotive industry. Stay informed with our detailed reports on the latest developments in the Chinese automotive market.
One of the recent highlights in the industry is Tesla’s Gigafactory Shanghai reaching a significant milestone by rolling off its 3 millionth vehicle, a Model Y. This achievement showcases the success of Tesla’s operations in China and highlights the company’s commitment to innovation and growth.
In another exciting development, Li Auto has partnered with the China Automotive Engineering Research Institute (CAERI) to focus on integrated safety evaluations and research. This collaboration aims to enhance safety technology trends and incorporate real-world traffic accident data into their research efforts.
Meanwhile, Mogo.ai has signed a strategic cooperation agreement in Shanghai’s Anting Town to deepen collaboration in “vehicle-road-cloud integration.” This project will focus on technology validation, infrastructure development, and demonstration applications in the region.
China’s new energy vehicle market has also seen significant growth, with a year-over-year jump in new energy passenger car wholesales and exports in September 2024. Additionally, China’s monthly new energy vehicle sales and production hit a new high in the same month, indicating a positive trend in the market.
Other notable developments include BYD’s first electric buses for South Africa rolling off the production line, Yueda Kia’s year-on-year jump in vehicle sales and output, and China’s power battery installed capacity surging in September 2024.
AVATR Technology is reportedly seeking 10 billion yuan in Series C financing, while Leapmotor has settled new energy vehicle component projects in Huzhou city. Li Auto and Sinopec have entered into a strategic partnership in the EV charging field, and China’s passenger vehicle retail sales and wholesales have shown growth both year-over-year and month-over-month in September 2024.
Stay updated on all the latest news and developments in the Chinese automotive industry with Gasgoo Daily. Our comprehensive coverage ensures that you are always informed about the latest trends and innovations shaping the market.
