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.
Shenzhen city launches first autonomous bus route
On August 26, China's megacity Shenzhen inaugurated its first autonomous bus route, the B998 Autonomous Line, according to a post on the WeChat account "Shenzhen Fabu". The new route, B998, operates as a loop spanning a total distance of 5.44 kilometers. The service deploys five autonomous buses, with each round trip taking approximately 25 minutes to complete. Buses are scheduled to depart at intervals ranging from 30 to 60 minutes.
New-generation Mercedes-Benz V-Class MPV hit Chinese market
On August 24, the new-generation Mercedes-Benz V-Class MPV officially hit the market in China. The new lineup includes four trim levels, with the manufacturer's suggested retail prices ranging from 496,800 yuan to 669,800 yuan.
Solid-state battery firm Talent New Energy closes Series B strategic financing
Chongqing Talent New Energy Co., Ltd. (referred to as "Talent New Energy"), Chinese solid-state battery company, recently completed a Series B strategic financing round with hundreds of millions of yuan raised. This round was co-led by Anhe Fund, which is under the umbrella of Changan Automobile, and multiple funds under China South Industries Group Corporation.
Huawei's HIMA releases AITO M7 Pro onto market, unveils LUXEED R7
On August 26, Huawei's smart car alliance Harmony Intelligent Mobility Alliance (HIMA) held a product launch event in Chengdu. At the event, the AITO M7 Pro, co-developed by SERES and Huawei, officially went on sale, with four variants priced between 249,800 yuan and 289,800 yuan. Additionally, the first coupe SUV co-developed by HIMA and Chery, the LUXEED R7, also made its debut. The LUXEED R7 will be showcased to the public at the upcoming Chengdu Motor Show.
Chinese wireless SoC firm Osemitech completes first transaction of Pre-A+ funding round
Recently, Osemitech Microelectronics Technology Co., Ltd ("Osemitech"), a Chinese automotive-grade wireless SoC chip company, completed the first tranche of its Pre-A+ round of funding, securing tens of millions of yuan, the company announced on August 26 via WeChat.
JETOUR Shanhai L6 PHEV hits market, starting at 123,900 yuan
On August 25, Chery's JETOUR brand officially released its Shanhai L6 plug-in hybrid electric (PHEV) SUV onto the market. The new model is available in three variants, with prices ranging from 123,900 yuan to 144,900 yuan.
DEEPAL cuts price for Huawei Qiankun ADS SE-powered S07 models
On August 25, Changan Automobile's new energy vehicle brand, DEEPAL, announced adjustments to the official prices of several models in the S07 lineup, specifically those equipped with Huawei's Qiankun ADS SE intelligent driving system.
Great Wall Motor begins pre-sales of 2nd-gen HAVAL H9 model
On August 25, Great Wall Motor's HAVAL brand officially began pre-sales of its second-generation HAVAL H9 model, revealing prices for three gasoline variants ranging from 205,900 to 235,900 yuan. An additional 2,000 yuan is required for models featuring an optional rear-mounted spare tire.
BYD puts SONG PRO DM-i model onto Mexican market
On August 21, BYD saw its SONG PRO DM-i model officially hit the Mexican market. This follows the global debut of the BYD SHARK pickup truck in Mexico in May, further expanding BYD's lineup of new energy vehicles (NEVs) in the local market.
Gotion High-Tech launches G-CURRENT battery-based battery box for hybrid heavy-duty trucks
Recently, Gotion High-Tech launched its latest-generation standard battery box product dedicated to hybrid heavy-duty trucks, according to a post the company issued via its WeChat account on Aug. 26. Notably, the innovative product is built on the G-CURRENT battery which was released at Gotion High-Tech's 13th Technology Conference in mid-May and is designed to meet the diverse needs of heavy trucks, loaders, mining trucks, buses, concrete mixers, excavators, and cranes.
SERES Group posts 489.58% YoY soar in H1 2024 revenue
On August 25, Huawei's car-making partner SERES Group released its financial results for the first half of 2024, reporting a significant growth in both revenue and profit. The company's semi-annual revenue reached 65.044 billion yuan in this year, marking a year-on-year spike of 489.58%. The company's net profit attributable to shareholders amounted to 1.625 billion yuan in the period.
SERES to acquire 10% stake in Huawei's Yinwang
On August 23, 2024, Chinese automaker SERES Group and ICT giant Huawei inked an agreement to strengthen their strategic partnership. During the event, SERES Group announced an investment in Huawei's Shenzhen Yinwang Intelligent Technology Co., Ltd., acquiring a 10% stake in the company.
XPENG G6 model's right-hand-drive version goes on sale in Thai market
On August 21, Chinese smart electric vehicle maker XPENG held a launch event in Bangkok, Thailand, unveiling the right-hand-drive version of its XPENG G6, the first model XPENG introduced into the Thai market.
NETA S Shooting Brake hits market with both REEV, BEV versions
On August 25, NETA Auto officially put the NETA S model's shooting-brake edition onto the market, offering six variants priced between 159,900 yuan and 209,900 yuan.
