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.
ZEEKR enters Egyptian market
On October 29, ZEEKR announced its official entry into the Egyptian market through a strategic partnership with Egypt International Motors (EIM). Together, ZEEKR and EIM plan to establish a sales and service network in Egypt, marking ZEEKR's first steps into Africa and setting the stage for broader market expansion.
FAW Group opens first directly operated Hongqi experience center in Foshan city
On October 27, FAW Group celebrated the grand opening of its first directly operated Hongqi experience center in Foshan, Guangdong Province. The new center aims to enhance customer engagement and brand experience for Hongqi, FAW's luxury automobile marque, as part of its ongoing efforts to expand Hongqi's premium appeal in China.
Yanfeng International, JAC Group sign strategic cooperation agreement
Recently, Mr. Zang Chungao, CEO of Yanfeng International Automotive Technology Co. Ltd. ("Yanfeng International") and his team visited JAC Group, where the two companies signed a strategic cooperation agreement. The partnership focuses on further collaboration in cabin systems, the advancement of manufacturing models, and the joint development of a high-end components manufacturing hub.
BYD launches BYD SHARK 6 plug-in hybrid electric pickup in Cambodia
On October 26, BYD and Harmony Auto jointly hosted a grand launch event for the new electric pickup, the BYD SHARK 6, in Cambodia. The event not only unveiled the SHARK 6 model but also introduced BYD's cutting-edge DM technology dedicated to plug-in hybrid electric vehicles (PHEV), offering an immersive experience for attendees.
JAC Group launches several pickups, light-duty trucks in Malaysia
JAC Group recently hosted its brand launch event in Malaysia, where it introduced the T9 oil-fueled pickup, the four-wheel-drive T9EV all-electric pickup, as well as a lineup of fuel-powered and electric light-duty trucks, including models I40, I75, and I90.
Jetour Shanhai T1 plug-in hybrid electric off-roader hits market, starting at 154,800 yuan
On October 27, Chery's Jetour brand officially put its latest plug-in hybrid electric off-road SUV, the Shanhai T1, onto the market. Available in three variants named "To the Mountain," "To the Lake," and "To the Sea", the Shanhai T1 features a price range from 154,800 yuan to 174,800 yuan.
Joyson Electronics boasts over 40% YoY surge in Q1-Q3 2024 net profit
On October 28, Joyson Electronics released its latest financial report, revealing cumulative revenue of 41.135 billion yuan for the first three quarters of 2024, maintaining year-over-year stability.
smart #5 all-electric SUV goes on sale in China, starting at 229,900 yuan
On October 27, the smart #5 all-electric SUV officially hit the Chinese market, with prices ranging from 229,900 yuan to 368,000 yuan. Designed by Mercedes-Benz's global team, the smart #5 features a sleek, capsule-inspired exterior available in eight colors.
Changan Automobile sees 2.54% YoY growth in Q1-Q3 2024 revenue
For the first nine months of this year, Changan Automobile’s total revenue reached 110.96 billion yuan, indicating a 2.54% year-on-year rise, while net profit plummeted 63.78% from the year-ago period to 3.58 billion yuan.
IM Motors co-develops end-to-end smart driving large model with Momenta
On October 28, at its IM AD DAY, IM Motors announced the launch of the IM AD 3.0 smart driving system, which enhances the intelligent driving experience from "human-like" to "intuitive."
