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Gasgoo Daily: China's vehicle trade-in subsidy applications surpass 4 million

iconNov 19, 2024 18:54
Source:gasgoo
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.

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.

China's vehicle trade-in subsidy applications surpass 4 million

As of November 18, applications for China's vehicle scrappage and replacement subsidies have exceeded 4 million, with each program accounting for over 2 million, according to data from the Ministry of Commerce of China.

World's first GWh-scale solid-state battery line starts operation in Wuhu, Anhui

Anhui Axxiva New Energy Technology Co., Ltd. (Axxiva) inaugurated the world's first GWh-scale solid-state battery production line in Wuhu, Anhui Province on November 18. The facility, with a designed capacity of 1.25 GWh, aims to accelerate solid-state battery mass production.

Baidu RT6 driverless vehicle costs drop to 250,000 yuan/unit

At the 2024 China 5G + Industrial Internet Conference on November 19, Baidu CEO Robin Li announced that the company's RT6 driverless vehicle, the only mass-produced model with pre-installed L4 autonomous driving capabilities globally, now costing just 250,000 yuan per unit.

Chery Fulwin T9 Super Long Range Edition SUV hits market at 183,900 yuan

On November 18, Chery Auto's new energy vehicle range, Fulwin, put the Fulwin T9 Super Long Range Edition onto the market. Positioned as a mid-sized plug-in hybrid electric SUV, the new model is available in a single variant priced at 183,900 yuan, with subsidies reducing the effective cost to 148,900 yuan.

Li Auto hits sales milestone of 1 million vehicles

On November 19, Li Auto announced that its cumulative sales have exceeded 1 million vehicles, marking a significant achievement in its rapid growth trajectory.

XPENG AEROHT, Hainan Province team up on pilot applications of flying cars

On November 18, XPENG AEROHT, the eVOLT aircraft (flying car) company affiliated to XPENG, and the Hainan Provincial Development and Reform Commission signed a strategic cooperation framework agreement to establish a "Flying Car Application Demonstration Island" in Hainan, according to XPENG AEROHT's announcement.

Changan Automobile announces tech roadmap for flying cars, humanoid robots

On November 15, Changan Automobile showcased its latest advancements in intelligent technologies at the Auto Guangzhou 2024, unveiling key developments and ambitious roadmap for flying cars and humanoid robots. 

Hongqi starts pre-orders for TianGong 08 all-electric SUV

On November 15, Hongqi, FAW Group's premium passenger car brand, began pre-orders for the TianGong 08 mid-to-large luxury all-electric SUV. As the first model riding on the TianGong electric vehicle platform and the JiuZhang intelligent platform, the TianGong 08 starts from 239,800 yuan in pre-orders. 

Great Wall Motor rolls out all-scenario HD map-free NOA functions nationwide

On November 15, Great Wall Motor announced the nationwide availability of its all-scenario NOA (Navigation on Autopilot) functions and the debut of the upgraded Coffee OS 3.1 onboard system at the Auto Guangzhou 2024.

KargoBot, Elenergy to co-facilitate L4 autonomous freight service in Southeast Asia

On November 15, autonomous truck solution developer KargoBot signed a memorandum of understanding (MoU) in Bangkok with Elenergy Thailand and Elenergy China (Chengdu Guangda New Trust Chain Technology, "Guangda Technology").

GAC Group eyes annual sales of 2 million vehicles for wholly-owned brands by 2027

At the Auto Guangzhou 2024, GAC Group launched its ambitious three-year "Panyu Action," aiming to have its self-owned brands account for over 60% of the group's total sales by 2027, with a bold target of 2 million vehicles sold.

Xiaomi records Q3 2024 revenue of 9.7 billion yuan in innovative businesses including smart EV

On November 18, Xiaomi Group released its financial report for the third quarter (Q3) of 2024, showing a solid performance with revenue reaching 92.5 billion yuan, a year-on-year jump of 30.5%. Adjusted net profit for the quarter stood at 6.3 billion yuan.

ZEEKR completes first deliveries of ZEEKR X in Hong Kong

ZEEKR, an electric vehicle maker under Geely Holding, recently announced its first batch deliveries of 100 ZEEKR X vehicles in the Hong Kong market has been completed on November 16. The company also revealed that the ZEEKR 009 model will soon begin deliveries locally.

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