Gasgoo Daily: Black Sesame Technologies, ECARX to co-develop advanced intelligent driving system solutions

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.

Black Sesame Technologies, ECARX to co-develop advanced intelligent driving system solutions

On December 22, the leading automotive-grade computing SoC and SoC-based intelligent vehicle solution provider, Black Sesame Technologies, and the Geely-backed automotive technology provider, ECARX Group, jointly signed a strategic cooperation agreement, under which the two parties aim to integrate their research and development, products, and technology resources to collaboratively build advanced intelligent driving system solutions. Together, they will drive business expansion and market applications, achieving the integrated development of the intelligent automotive industry ecosystem.

SAIC Motor promotes three executives to group's vice presidents

As part of the group's efforts to expedite the pace of innovation in new business sectors and drive the solid implementation of its three-year action plan for new energy vehicle development, SAIC Motor has promoted three senior executives to the position of Vice President of the group, namely, Jia Jianxu (General Manager of SAIC Volkswagen), Jiang Jun, (CEO of IM Motors), and Wu Bing (General Manager of SAIC Motor Passenger Vehicle Company and CEO of Rising Auto).

Newlink NaaS, DEEPAL team up on improving EV charging network

In recent days, Chinese charging service provider Newlink NaaS forged a collaboration with DEEPAL, the new energy vehicle brand of Changan Automobile, aiming to refine the layout of the electric vehicle (EV) charging network, improve EV charging pile utilization rates, and optimize diverse scenarios for energy replenishment solutions. Together, they aspire to create a seamless and high-quality one-stop charging service experience for EV owners, contributing to the development of a comprehensive EV charging service network.

Geely Holding, Hunan provincial government ally on NEV industry cluster building, digital transition

On December 21, the People's Government of Hunan Province and Zhejiang Geely Holding Group ("Geely Holding") signed a comprehensive strategic cooperation agreement at Geely Farizon New Energy Commercial Vehicle Group ("Farizon Auto")'s manufacturing base in Xiangtan city.

BYD announces plan to build new energy vehicle manufacturing plant in Hungary

On December 22, 2023, BYD announced its plan to establish a new energy vehicle manufacturing base in Szeged, Hungary. The facility is set to be constructed in several phases, expecting to offer thousands of jobs for the local community.

Tesla acquires land for Megapack factory construction in Shanghai

On December 22, Tesla finalized the land acquisition agreement in Shanghai, officially commencing the Tesla Megapack project in the Chinese megacity. As Tesla's first energy storage megafactory project outside the United States, this facility is set to be operational by 2024.

China's annual locally-made passenger vehicle retail sales likely to grow 5.2% YoY in 2023: CPCA

China's domestic passenger vehicle ("PV") retail sales are anticipated to reach 2.27 million units in December 2023, which should grow 9.3% from the previous month and rose 4.8% from the previous year, according to the China Passenger Car Association ("CPCA").

The CPCA added that China's passenger vehicle retail sales are expected to hover around 21.62 million units through 2023, demonstrating a steady 5.2% year-on-year growth. The whole-year new energy vehicle retail volume is estimated at approximately 7.75 million units, marking a year-on-year jump of 36.5%, and achieving a penetration rate of 35.8%, an 8-percentage point increase from the previous year.

GAC Group aims to gain 10% YoY growth in annual auto sales of 2024

GAC Group announced in a press release that the 55th meeting of its sixth board of directors took place at the GAC Center on December 21. The group anticipates achieving approximately 2.513 million and 2.5 million vehicles in automobile production and sales for the year of 2023, marking a year-on-year growth of 1.3% and 2.7%, respectively.

GAC Energy, Poly Property Services team up on building photovoltaic EV charging network

GAC Energy and Poly Property Services inked a strategic collaboration at the Shenzhen International Holdings International Enterprise Administrative Logistics Procurement Expo on December 21.

DEEPAL receives highway/expressway autonomous driving vehicle testing license in Chongqing

DEEPAL, Changan Automobile's new energy vehicle brand, announced on Thursday it successfully obtained in November 2023 an autonomous driving test permit for highways and expressways in Chongqing.

ARCFOX granted L3 highway autonomous driving vehicle testing license in Beijing

On December 16, BAIC Group's premium electric vehicle brand ARCFOX became one of the pioneering enterprises granted the L3 highway autonomous driving test license in Beijing.

The ARCFOX αS HI Edition, equipped with a comprehensive perception system, is permitted to conduct conditional autonomous driving system tests on the designated roads in the city.