Gasgoo Daily: Keeping You Updated on the Latest Automotive News in China
Gasgoo Daily is your go-to source for daily updates on the automotive industry in China. We provide you with the most important news and developments in the sector, ensuring you stay informed and up-to-date with all the latest trends and happenings.
Chinese lithium battery separator film supplier SEMCORP secures order from LG Energy Solution
In a significant development, Yunnan Energy New Materials Co., Ltd. (SEMCORP), a prominent Chinese lithium-ion battery separator film supplier, has announced that its subsidiary Shanghai SEMCORP has signed a supply agreement with South Korea’s leading battery manufacturer, LG Energy Solution (LGES). According to the agreement, LGES has planned to procure approximately 3.55 billion-square-meter lithium-ion battery separators from Shanghai SEMCORP and its affiliates between 2025 and 2027.
DeepRoute.ai reveals Vision Language Action model at AUTOMOTIVE WORLD 2025
At the 17th AUTOMOTIVE WORLD 2025 event in Japan, DeepRoute.ai, a renowned autonomous driving tech company, unveiled its Vision Language Action (VLA) model. The company also disclosed a mass-production partnership with a top automaker, with plans to introduce intelligent vehicles equipped with the VLA model.
Chery’s Fulwin E06 set to hit the market by year-end
Chery is gearing up to launch its mid-size SUV, the Fulwin E06, by the end of 2025. The model, which made its debut at Auto China 2024, will offer both plug-in hybrid electric and all-electric powertrain options, with estimated prices ranging between 150,000 yuan and 200,000 yuan.
JMC boasts 15.7% YoY jump in 2024 revenue
Chinese automaker Jiangling Motors Co., Ltd. (JMC) recently announced robust growth in its key metrics, with a total revenue of 38.374 billion yuan in 2024, representing a significant 15.7% year-on-year increase.
NOVOSENSE launches AMR-based anti-braking sensors to enhance automotive safety
NOVOSENSE Microelectronics debuted its new wheel speed sensor, built on AMR (Anisotropic Magneto Resistance) technology, aimed at enhancing automotive safety. The announcement was made on January 21 via the company’s WeChat account.
BYD’s DENZA achieves 10,000 unit deliveries of Z9GT model
The DENZA, a premium electric vehicle brand under BYD, reached a milestone with the delivery of 10,000 units of its DENGZA Z9GT sedan, as announced on January 20.
BYD enters Salvadoran passenger vehicle market
BYD officially entered the Salvadoran passenger car market with a brand launch event in El Salvador, marking its foray into the country’s automotive sector, as per a press release issued on January 21 via BYD’s WeChat account.
Changan KAICHENG secures Series A funding agreement
Changan KAICHENG, the commercial vehicle brand of Changan Automobile, signed a Series A financing agreement at the Changan Global R&D Center on January 21.
CATL forecasts YoY drop in 2024 revenue, but net profit expected to rise
CATL announced its 2024 earnings forecast, revealing a year-on-year decline in revenue but an increase in net profit attributable to shareholders, as disclosed on January 21.
Hesai Technology secures LiDAR supply contract for Dongfeng Motor’s brands
Hesai Technology announced an exclusive mass-production agreement with Dongfeng Motor for multiple brands and vehicle models, including VOYAH, its premium new energy vehicle brand, on January 22.
Chery EXEED rolls off first range-extended STERRA ES vehicles
Chery’s EXEED brand witnessed the first mass-produced units of its STERRA ES sedan model’s range-extended electric vehicle (REEV) version rolling off the production line on January 21.
Hesai Technology to supply ATX LiDAR for multiple Chery vehicle models
Hesai Technology entered into a production agreement with Chery Automobile for upcoming vehicle models featuring its latest compact, ultra-high-definition, long-range LiDAR, the ATX, set to enter mass production in the second half of 2025.
Stay tuned to Gasgoo Daily for more updates and insights on the automotive industry in China.
