Gasgoo Daily: Changan Automobile, CATL step up strategic partnership

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.

Changan Automobile, CATL step up strategic partnership

On November 8, Changan Automobile signed a comprehensive memorandum of understanding with CATL to deepen their strategic cooperation. Under the new agreement, the two companies will collaborate extensively over the next five years, covering areas such as joint branding, technological innovation, market promotion, after-sales service, and global market expansion.

IM Motors to produce next-generation flagship model in Zhengzhou by 2025

On November 9, at an automotive industry partnership event in Henan, IM Motors' Co-CEO Liu Tao announced that the company’s next-generation strategic model — its first super flagship plug-in hybrid electric vehicle — will be manufactured in Zhengzhou starting in 2025.

ZEEKR delivers over 20,000 ZEEKR Xs in just 50 days

On November 11, ZEEKR announced that its first family SUV, the ZEEKR 7X, has achieved over 20,000-unit deliveries within just 50 days upon its market launch, marking a strong start for the new model.

Autonomous delivery vehicle developer Zelos raises $100 million in B1 funding round

Autonomous logistics delivery vehicle developer Zelos recently announced the completion of its Series B1 funding round, which raised for the company $100 million.

Geely begins pre-sales, volume production of Galaxy Starship 7 EM-i model

On November 8, Geely officially opened pre-sales for its new Galaxy Starship 7 EM-i SUV model, offering five variants priced between 109,800 yuan and 142,800 yuan for early users who place orders. Simultaneously, mass production commenced at Geely's Taizhou Linhai manufacturing base.

China's auto production, sales rise both MoM, YoY in Oct. 2024

In the tenth month of 2024, China's auto production and sales came in at 2.996 million and 3.053 million vehicles, respectively, which grew 7.2% and 8.7% from the previous month while climbing 3.6% and 7% from the previous year, according to data from the China Association of Automobile Manufacturers (CAAM).

China's power battery installed capacity surges 51% YoY in Oct. 2024

In October, China's power battery installation capacity reached 59.2GWh, marking an 8.6% month-on-month increase and a substantial 51% year-on-year surge, according to the China Automotive Power Battery Industry Innovation Alliance ("CAPBIIA").

Autonomous mining solution developer CiDi Inc. files for IPO in Hong Kong

CiDi Inc. recently submitted its IPO application to the Hong Kong Stock Exchange, with China International Capital Corporation, China Securities International, and Ping An of China Asset Management (Hong Kong) as joint sponsors. If approved, CiDi would become the first publicly listed autonomous mining truck company in China.

VOYAH opens first smart supercharging stations in Wuhan, Shanghai, Hefei

Dongfeng Motor's premium new energy vehicle brand VOYAH recently inaugurated its first smart supercharging stations, now operational in Wuhan, Shanghai, and Hefei cities. These stations are equipped with advanced 2.8cm lightweight liquid-cooled cables, emitting noise levels no higher than 55dB at full capacity.

Nissan Motor sells 61,170 vehicles in China in Oct. 2024

Nissan Motor announced its October 2024 sales performance for China, reporting a total of 61,170 vehicles sold across both its passenger and light commercial vehicle segments.

GAC AION's HYPTEC to unveil HYPTEC HL flagship SUV at Auto Guangzhou 2024

GAC AION's premium sub-brand, HYPTEC, has released teaser images of its upcoming SUV, the HYPTEC HL. The model, codenamed "AH8," is built on a new platform and is officially positioned as a "luxury intelligent flagship SUV." It is set to make its debut at the Auto Guangzhou 2024 on November 15.

BYD releases YUAN PRO all-electric SUV onto Mexican market

On November 5, BYD officially launched its all-electric SUV, the YUAN PRO (called "Yuan UP" in China), at a grand event in Mexico City, marking a significant move in its global business expansion.

SAIC Motor posts YoY growth in Oct. 2024 vehicle deliveries despite drop in wholesales

SAIC Motor recently announced that its monthly wholesale volume reached 401,893 vehicles in October 2024, sliding 18.22% over the previous year. Nevertheless, the group's monthly deliveries climbed 6.4% year on year and 12.7% month on month to around 457,000 vehicles in the same month.