Gasgoo Daily: Providing Daily Updates on China’s Automotive Industry
SAIC Motor recently made significant changes to its leadership, with Mr. Wang Xiaoqiu elected as Chairman of the Board and Mr. Jia Jianxu appointed as President of the company. These changes come as former Chairman Mr. Chen Hong retired due to age.
RoboSense, a leading LiDAR maker, reported a remarkable 487.7% year-on-year surge in automotive LiDAR sales in the first half of 2024. The company sold approximately 243,400 units, with automotive LiDAR units accounting for around 234,500 units of the total.
JAC Group introduced its first DI platform-powered all-electric model, the EV 3 (also known as E30X in the Gulf edition), in the UAE market. This move signifies JAC’s commitment to expanding its presence in the electric vehicle segment.
China’s cumulative output and sales of new energy vehicles (NEVs) surpassed 30 million units by June 2024. The automotive industry in China has shown steady growth in key economic indicators, with double-digit growth in the first quarter and a slightly moderated growth rate in the second quarter.
Li Auto celebrated a significant milestone by delivering its 200,000th Li L9 SUV at the Shunyi Delivery Center in Beijing. The company continues to make strides in the electric vehicle market.
GAC Group’s ride-hailing platform ONTIME went public on the Hong Kong Stock Exchange, marking a significant achievement for the company. The listing ceremony was held on July 10, showcasing ONTIME’s growth and expansion.
ZEEKR, a premium electric vehicle brand under Geely Holding, unveiled its first family-oriented SUV named “7X.” This new model is set to cater to the evolving needs of consumers in the electric vehicle market.
General Motors reported a 24.1% year-on-year increase in China’s NEV retail sales in the second quarter of 2024. The company achieved retail sales of over 370,000 vehicles in the Chinese market, highlighting its continued success in the region.
Plus and FAW Jiefang Qingdao signed a cooperation agreement to co-develop an autonomous gas-powered heavy-duty truck. This collaboration aims to define and develop a mass-produced truck with a factory-installed autonomous driving system.
Beijing city proposed including autonomous vehicles in ride-hailing services, soliciting public feedback on regulations to support the safe integration of autonomous vehicles on the road. This initiative aims to promote the development of autonomous driving technology in the region.
Hongqi received a permit for unmanned road testing for its third-generation Level-4 (L4) Robotaxi in Beijing, showcasing the brand’s advancements in autonomous driving technology. This permit allows for testing and demonstration of the autonomous vehicle on Beijing roads.
VOYAH partnered with CAMS to expand its charging network, providing VOYAH owners access to over 1,500 new charging stations and approximately 12,000 charging guns. This collaboration aims to enhance charging convenience for VOYAH electric vehicle owners.
Geely’s RADAR established its first overseas subsidiary in Thailand, marking a significant step in expanding its presence in international markets. The move signifies Geely’s commitment to growing its new energy outdoors lifestyle vehicle brand globally.
Stay tuned for more updates on China’s automotive industry with Gasgoo Daily, your source for the latest news and developments in the market.