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Gasgoo Daily: CATL’s Luoyang facility begins cell production ahead of schedule

iconNov 27, 2024 17:17
Source:gasgoo
With Gasgoo Daily, we will offer daily important automotive news 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.

CATL's Luoyang facility begins cell production ahead of schedule

On November 26, CATL's Luoyang base shipped its first batch of battery cells, marking the start of production of its initial cell production line, according to a post on the official WeChat account of Luoyang city's Yibin District. The facility achieved this milestone 17 days ahead of schedule, completing installation and commissioning of production equipment in just 50 days—a testament to the team's swift execution.

China Recycling Resource partners with Brunp Recycling

On November 26, China Recycling Resource Development Group ("China Recycling Resource") signed a cooperation agreement with Guangdong Brunp Recycling Technology Co., Ltd. ("Brunp Recycling"), according to a press release from Brunp Recycling). Under the agreement, the two parties will focus on policy research and establishing a nationwide recycling network for new energy vehicles (NEVs) and power batteries. Together, they aim to create a comprehensive, full-lifecycle value chain for the recycling and sustainable utilization of NEVs and batteries across China.

BYD files for supercharging-related trademarks

BYD Co., Ltd. has recently applied to register two trademarks for "BYD Supercharge" (translated from Chinese). The trademarks fall under the international classifications of scientific instruments and building repairs, and both are currently under substantive review.

Wuling Xingguang family hits sales milestone of 100,000 vehicles

On November 26, SAIC-GM-Wuling ("SGMW") anounced that the cumulative sales of the Xingguang family under the Wuling Global Silver Badge have surpassed the 100,000-unit mark at 102,871 units.

Guangxi Auto inaugurates Shanghai Advanced Center to boost NEV component R&D

On November 26, Guangxi Auto Group inaugurated its Shanghai Advanced Center, according to a post on its official WeChat account, marking a significant step in advancing research and development of core components for new energy vehicles (NEVs).

2025 MG7 model hits market, starting at 112,900 yuan in limited time

On November 26, SAIC Motor put the 2025 MG7 model onto market with 6 trim levels offered. The model features a guidance price range of 125,900 yuan to 178,900 yuan, but after enjoying a limited-time discount, the prices can be reduced to 112,900 yuan to 162,900 yuan.

SAIC Motor, Volkswagen Group extend joint venture agreement to 2040

On November 26, marking the 40th anniversary of SAIC Volkswagen, SAIC Motor and Volkswagen Group signed an agreement in Shanghai to extend their joint venture until 2040, reaffirming their long-term partnership.

Year-to-date deliveries of new AITO M7 exceed 180,000 units by Nov. 2024

On November 27, Huawei's Harmony Intelligent Mobility Alliance announced that the year-to-date deliveries of the new AITO M7 SUV model surpassed 180,000 units in 2024. This milestone follows an earlier achievement of 160,000 units reported on October 16. 

New LUXEED S7 hits market, starting at 229,800 yuan

On November 26, the new LUXEED S7 all-electric sedan, co-developed by Huawei and Chery, hit the market. The premium electric sedan comes in three trims levels, Pro, Max, and Max RS, priced between 229,800 yuan and 319,800 yuan. The refreshed model introduces new color options, design enhancements, and intelligent upgrades. 

VOYAH enters Portuguese market, showcasing 3 new energy vehicle models

VOYAH, a premium new energy vehicle brand under Dongfeng Motor, recently held a brand launch event in Lisbon, Portugal, in collaboration with Salvador Caetano Group, the largest automotive distributor on the Iberian Peninsula.

GAC Group eyes 30 billion yuan in annual commercial vehicle business revenue by 2030

On November 26, GAC Group hosted its Commercial Vehicle Strategy and Product Launch Conference at the GAC Technology Museum, unveiling the "135" strategic roadmap to accelerate its transition to intelligent new energy commercial vehicles. The company aims to achieve annual revenue of 30 billion yuan in this field by 2030, establishing itself as a key player in the commercial vehicle sector.

Dongfeng Motor launches right-hand-drive DONGFENG BOX in Malaysia

On November 22, Dongfeng Motor held a grand launch event for the right-hand-drive version of the DONGFENG BOX electric vehicle model at its flagship store in Kuala Lumpur, Malaysia. Themed "Step into possibilities of BOX," the event showcased an innovative electric vehicle experience. 

Nanjing Steel, CATL forge strategic partnership to innovate in zero-carbon solutions

On November 25, Nanjing Steel Group Co., Ltd. ("Nanjing Steel") and CATL signed a strategic cooperation agreement in Ningde city, Fujian province, according to a post on CATL's WeChat account. The partnership marks CATL's first collaboration with a state-owned steel giant, signaling a new direction for synergy between the renewable energy sector and traditional high-carbon industries.

NIO's 2,700th power swap station in China goes live

On November 25, NIO announced the completion of its 2,700th battery swap station in China, and also stated that its users have conducted over over 58 million battery swaps to date.

Geely Binyue family's 1 millionth vehicle rolls off production line

On November 25, Geely Auto announced that the 1 millionth vehicle from its Binyue family has officially rolled off the production line. Besides, the company also revealed that the Binyue L will hit the market on November 27.

For queries, please contact William Gu at williamgu@smm.cn

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