Gasgoo Daily: BMW's Neue Klasse test vehicles roll off production line in China

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.

BMW's Neue Klasse test vehicles roll off production line in China 

On March 14, BMW Group announced that the first made-in-China test vehicles of itsNeue Klasse lineup have rolled off the production line in Shenyang and entered full-scale testing. Mass production of the Neue Klasse models in China is set to begin in 2026. 

Chery to unveil intelligence strategy on March 18 

Chery announced it would host its intelligent vehicle strategy launch event on March 18 at its Wuhu-based intelligent manufacturing plant. The event will introduce Chery's smart technology roadmap and showcase advancements in Falcon intelligent driving system, humanoid robots, and AI-powered smart cabins.

Dongfeng Motor's vehicle models showcased in North Macedonia 

The DONGFENG BOX, DONGFENG HUGE, and DONGFENG MAGE vehicle models are being displayed at North Macedonia's largest shopping mall, with the exhibition lasting one to two months, said Dongfeng Motor on March 17.

SAIC-GM's Buick to put new PHEV variant of GL8 model onto market in H1 2025

On March 17, SAIC-GM's Buick brand announced via its WeChat account the Chinese name of the Buick GL8 LS PHEV model, 陆尚 (called "Lushang" in Chinese Pinyin). Positioned as a high-end MPV in the 300,000-yuan segment, the GL8 LS PHEV is expected to hit the market and begin deliveries in the first half of 2025.

WeRide reports widened annual net loss in 2024

On March 14, autonomous driving technology company WeRide released its full-year and fourth-quarter (Q4) financial results for 2024. The company reported total revenue of 361 million yuan for the year, indicating a 10.2% decline from 402 million yuan in 2023.

XPENG MONA M03 model expected to surpass 100,000 units in cumulative deliveries by April

On March 17, XPENG's Chairman He Xiaopeng revealed on Weibo that the cumulative deliveries of the XPENG MONA M03, the company's A-segment all-electric sedan model, are expected to exceed 100,000 units next month.

Pony.ai, ComfortDelGro jointly launch Robotaxi service in Guangzhou

On March 12, Chinese autonomous driving solution provider Pony.ai and ComfortDelGro Corporation officially launched their joint autonomous ride-hailing service (Robotaxi service) in Guangzhou, according to Pony.ai's announcement on March 17.

YTMicro, IHR Shanghai form strategic partnership in intelligent vehicle software field

On March 12, Jiangsu Yuntu Microelectronics Co., Ltd. (YTMicro) and IHR (Shanghai) Automotive Electronic Technology Co., Ltd. (IHR Shanghai) officially established a strategic partnership. The collaboration focuses on the intelligent vehicle software ecosystem, designating each other as ecosystem partners.

CATL works on development of 2nd-gen sodium-ion battery

Contemporary Amperex Technology Co., Ltd. ("CATL") recently disclosed in an investor relations event that it is developing its second-generation sodium-ion battery, with performance metrics now approaching those of lithium iron phosphate (LFP) batteries.

BYD launches SEAGULL BEV model in Moroccan market

BYD has strengthened its presence in the Moroccan market with the official launch of the SEAGULL, a compact all-electric hatchback tailored for urban driving, according to a press release BYD issued on its WeChat account on March 16. The new model debuted in Casablanca, marking another milestone in the company's expansion in the region.

CATL posts 15.01% YoY rise in 2024 annual net profit, despite drop in revenue

On March 14, Contemporary Amperex Technology Co., Ltd. ("CATL") released its 2024 annual financial report, revealing total revenue of around 362 billion yuan, a 9.7% decline year-over-year.

Desay SV logs 29.62% YoY jump in 2024 annual revenue

Chinese automotive intelligent technology company Desay SV released its 2024 annual report on March 15, revealing a total revenue of 27.618 billion yuan, representing a year-on-year jump of 26.06%.

Volkswagen Group, FAW Group step up cooperation to boost FAW-VW's product innovation

Volkswagen Group announced on March 17 it has signed a strategic cooperation agreement with FAW Group in Germany, aiming to deepen their long-standing collaboration and drive new breakthroughs in product development and technological innovation of FAW-Volkswagen ("FAW-VW"), their joint venture. The partnership is expected to inject fresh momentum into China's automotive market, particularly in the areas of electrification and smart mobility.

BMW China partners with Huawei to integrate HarmonyOS ecosystem

On March 17, BMW China announced that it reached cooperation with Huawei Device to integrate BMW's digital ecosystem with HarmonyOS, introducing services such as the BMW Digital Key, HUAWEI HiCar, and the My BMW App.