Gasgoo Daily: Chery, KGM advance strategic partnership

Published: Apr 3, 2025 19:09
Source: gasgoo
With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Chery, KGM advance strategic partnership 

Chinese automaker Chery and South Korea's KGM recenlty signed a joint development agreement for mid-to-large SUVs at Chery's headquarters in Wuhu, Anhui. The partnership will leverage Chery's global platform to develop a new generation of both oil-fueled and new energy SUVs, with will be fulfilled in 2026. 

GAC Group reports 3.01% YoY drop in March sales

GAC Group sold 173,900 vehicles in March 2025, marking a 3.01% year-on-year decline. Its cumulative sales for the year reached 371,100 units, down 9.42% from the previous year. 

AITO M8 arrives at stores

On April 3, Huawei-backed AITO announced that the first batch of the M8 display vehicles has arrived at 27 stores nationwide, with plans to reach 800 locations by April 10. The AITO M8, with a starting pre-sale price of 368,000 yuan, is set to hit the market this month.

Huawei, BabyBus expand partnership in children's digital education sector

BabyBus and Huawei have strengthened their collaboration in children's educational applications following the signing of their partnership agreement on the HarmonyOS smart cockpit in Shanghai, Huawei announced today on WeChat.

GAC Group's global strategic model AION V goes on sale in Hong Kong

On March 31, GAC Group officially put its global strategic model, the AION V, onto the Hong Kong market, according to the group's press release.

Volkswagen to unveil three concept car models at Auto Shanghai 2025

On April 1, Volkswagen Group announced that it will debut three new concept car models at the forthcoming Auto Shanghai 2025. These models, developed for its three joint ventures, namely, FAW-Volkswagen, SAIC Volkswagen, and Volkswagen Anhui, will each feature a distinctive design language, embodying the brand's new China-focused design and technology DNA.

BYD undocks 'Xi'an' Ro-Ro car carrier, to launch maiden voyage for 'Shenzhen' soon

BYD has announced another milestone in its overseas expansion with the "Xi'an" car carrier undocked on April 2. Meanwhile, the "Shenzhen," the world's largest-ever roll-on/roll-off (Ro-Ro) car carrier, is set for its maiden voyage.

China's vehicle inventory alert index in Mar. 2025 drops 3.7 percentage points YoY

On March 31, the China Automobile Dealers Association ("CADA") released the latest Vehicle Inventory Alert Index (VIA), which stood at 54.6% for March 2025, reflecting a year-over-year decrease of 3.7 percentage points and a month-over-month drop of 2.3 percentage points.

Li Auto hits 1-million-unit milestone in L Series cumulative deliveries

On April 2, Li Auto announced that cumulative deliveries of its L Series models had exceeded 1 million units. The company achieved this milestone in just 31 months.

UISEE, Seyond partner to advance autonomous vehicle solutions

Autonomous driving company UISEE and LiDAR maker Seyond have officially entered a strategic partnership to enhance autonomous vehicle applications, focusing initially on airport driverless buses and UiBox models, UISEE announced on April 3.

VOYAH logs 64% YoY surge in March vehicle sales

On April 1, Dongfeng Motor's premium NEV (new energy vehicle) brand VOYAH announced its March sales figures, reporting 10,012 units sold, which surged 64% year over year.

WeRide partners with Uber, Dubai RTA to launch Robotaxi service in Dubai

On April 2, 2025, autonomous driving company WeRide announced a strategic partnership with Uber Technologies, Inc., the world's largest mobility and delivery technology company, and Dubai's Roads and Transport Authority (RTA).

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