Gasgoo Daily: GAC Group to launch flying car brand & model on Dec. 18

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.

GAC Group to launch flying car brand & model on Dec. 18

GAC Group today announced it will unveil a new flying car brand and a tiltrotor flying car model on December 18, marking a significant step into the aviation industry. 

BAIC BluePark secures 2-billion-yuan capital increase from BAIC Motor

On December 16, BAIC BluePark announced that its subsidiary, BAIC BJEV, signed a 2-billion-yuan capital increase agreement with BAIC Motor at 2.3815 yuan per share. The funds will be used to repay bank loans and cover operational and investment expenses. BAIC BluePark remains the controlling shareholder, retaining decision-making authority. 

Chery Fulwin to put A8L C-DM model onto market on Dec. 17

Chery Auto's new energy vehicle range Fulwin announced that its A8L C-DM compact sedan will officially go on sale on December 17. The new model features a combined range of over 2,000 km.

EXEED STERRA E08's winter test vehicle rolls off line

On December 13, Huang Zhaogen, head of EXEED's marketing division, announced via his Weibo account that the first winter test vehicle for the brand's flagship luxury MPV, the STERRA E08, has officially rolled off the production line.

CalmCar partners with Jiangsu Xuantong for smart unmanned logistics innovations

Intelligent driving tech company CalmCar announced it recently signed a strategic cooperation agreement with supply chain service provider Jiangsu Xuantong Supply Chain Co., Ltd. ("Xuantong") to advance the applications of smart inspection systems, automated commercial vehicle technologies, unmanned driving solutions for closed environments, and C-V2X system in industrial parks. 

BYD launches recruitment drive for embodied intelligence research

BYD recently announced a new recruitment initiative, drawing widespread attention to its focus on the burgeoning field of embodied intelligence.

EVE Energy celebrates equipment arrival at Malaysia factory

Chinese lithium battery supplier EVE Energy recently held a ceremony to mark the entry of equipment at its Malaysia factory, the company announced on December 14 via its WeChat account.

Senior Auto receives 200-million-yuan credit line from Hengfeng Bank's Ningbo Branch

On December 15, autonomous trucking solution developer Senior Auto inked a strategic cooperation agreement with Hengfeng Bank Ningbo Branch. The bank committed 200 million yuan in credit to support the company's autonomous driving technology R&D and unmanned truck fleet operations.

FAW Hongqi, CATL form cooperation in battery swapping field

FAW Hongqi Automobile Sales Co., Ltd. ("FAW Hongqi"), Contemporary Amperex Technology Co., Ltd. ("CATL"), and Contemporary Amperex Energy Service Technology Ltd. ("CAES"), a wholly-owned subsidiary of CATL, recently signed a strategic cooperation framework agreement to conduct an in-depth collaboration in the battery swapping sector, according to a press release FAW Hongqi released on December 14.

All-new STERRA ET Extended-Range 4WD SUV hits market, starting at 239,800 yuan

On December 15, EXEED, the premium passenger vehicle brand under Chery Holding, officially put the all-new STERRA ET's Extended-Range Four-Wheel-Drive (REEV 4WD) SUV edition onto the market. The intelligent SUV is available in three trim levels, including the Max, Ultra, and Premium, with prices ranging from 239,800 yuan to 289,800 yuan.