Gasgoo Daily: Latest Automotive News in China
Gasgoo Daily is your go-to source for the most important automotive news in China. We provide daily updates on the latest developments in the automotive industry, covering everything from new vehicle launches to industry trends and market insights. With Gasgoo Daily, you can stay informed and ahead of the curve in this fast-paced and ever-evolving sector.
Xiaomi Unveils Special Edition Color for Xiaomi SU7 Sedan
In celebration of its 15th anniversary, Xiaomi has introduced a stunning “Brilliant Magenta” color option for the Xiaomi SU7 electric sedan. This special edition model will be available for sale starting on January 1, 2025, exclusively through the Xiaomi EV App. The eye-catching color is sure to turn heads and make a statement on the road.
VOYAH DREAM Achieves Record Sales in December
VOYAH, the premium new energy vehicle brand under Dongfeng Motor, has reported a major milestone with its DREAM MPV model achieving monthly sales of over 10,000 units in December 2024. This achievement highlights the growing popularity and success of VOYAH in the competitive electric vehicle market.
ROX Motor Sets New Sales Record in December 2024
Chinese electric vehicle start-up ROX Motor has announced its highest-ever monthly sales figure, with 1,268 vehicles delivered in December 2024. This milestone underscores the company’s rapid growth and increasing market presence in the EV segment.
Tesla’s Shanghai Megafactory Nears Completion
Tesla’s highly anticipated Shanghai Megafactory has successfully passed its final inspection, just seven months after construction began in May 2024. The facility is already in trial production mode, with mass production slated to begin in early 2025. This marks a significant step forward for Tesla’s operations in China.
Chassis-by-Wire Tech Firm Trugo Tech Secures Financing
Trugo Tech, a leading X-by-wire chassis technology company, has announced the completion of its Series B financing round, raising 400 million yuan. This investment will fuel the company’s expansion and development of innovative technologies for the automotive industry.
DEEPAL Launches Limited Edition SL03 Classic Sedan
DEEPAL has introduced the SL03 Classic Edition, a sporty sedan offered in a limited supply of 4,000 units priced at 119,900 yuan. Pre-orders are now open for this exclusive model, which is sure to attract discerning customers looking for a stylish and performance-oriented vehicle.
FAW Group Reports Strong Export Growth in 2024
FAW Group has announced a significant year-on-year increase in vehicle exports, reaching around 125,000 units in 2024. This 36.2% jump reflects the company’s strong international presence and growing demand for its products in global markets.
GAC Group Sells Stake in Greater Bay Technology
GAC Group has reached an agreement to sell an 18.82% stake in Guangzhou Greater Bay Technology Co., Ltd. (GBT) to its controlling shareholder, Guangzhou Automobile Industry Group Co., Ltd. (GAC Industry), for approximately 1.331 billion yuan. This strategic move will help GAC Group streamline its operations and focus on core business areas.
AESC Expands Battery Factory Project in Cangzhou
Battery manufacturer AESC has signed an agreement with the Cangzhou Municipal Government for the expansion of its battery super factory project in Cangzhou, Hebei Province. This development underscores AESC’s commitment to sustainable energy solutions and technological innovation in the automotive sector.
Great Wall Motor Launches SOUO S2000 Motorcycle
Great Wall Motor has commenced deliveries of the SOUO S2000 model under its motorcycle brand SOUO. Additionally, the brand’s flagship store in Beijing has opened, providing customers with a premium shopping experience and access to the latest motorcycle models.
WYP Glass Starts Production of Auto Glass Project
WYP Glass has officially launched its automotive glass project in Bengbu city, Anhui province, with an annual production capacity of 4 million sets. This state-of-the-art facility will cater to the growing demand for high-quality auto glass in the domestic and international markets.
Wuhan City Promotes Intelligent Connected Vehicle Development
The Standing Committee of the 14th People’s Congress of Hubei Province has issued regulations to promote the development of intelligent connected vehicles in Wuhan. The new regulations, set to take effect on March 1, 2025, aim to accelerate the adoption of advanced automotive technologies and enhance road safety in the region.
BYD SEALION 07 DM-i Included in MIIT’s Catalogue
The BYD SEALION 07 DM-i, a plug-in hybrid electric SUV from BYD, has been featured in a catalogue released by China’s Ministry of Industry and Information Technology (MIIT). This recognition highlights the vehicle’s innovative design and eco-friendly features, positioning it as a leading choice in the electric vehicle market.
ASENSING Secures Supply Deal with Luxury Car Brand
ASENSING Technology has announced a new supply agreement with an overseas luxury car brand for its high-precision positioning system. This partnership underscores ASENSING’s reputation for cutting-edge technology and precision engineering in the automotive sector.
Dongfeng Motor Sets Sales Target for 2024
Dongfeng Motor Corporation has projected yearly sales of 2.48 million vehicles for 2024, as announced at its recent work conference in Wuhan. The company is optimistic about its performance in the coming year and has outlined strategic goals to drive growth and innovation across its product lineup.
Changan Automobile Aims for 3 Million Vehicle Sales in 2025
Changan Automobile has set an ambitious annual sales target of 3 million vehicles for 2025, as revealed at its Global Partners Conference. The company is focused on expanding its market reach, introducing new models, and staying ahead of market trends to meet the evolving needs of customers.
DEEPAL Targets 500,000 Vehicle Sales in 2025
DEEPAL, the new energy vehicle brand under Changan Automobile, is aiming to sell 500,000 vehicles in 2025. The company recently celebrated the production of its 400,000th complete vehicle, highlighting its rapid growth and strong market presence in the competitive new energy vehicle segment.
Stay tuned for more updates and insights from Gasgoo Daily as we continue to bring you the latest news and developments in the automotive industry in China and beyond.
