Gasgoo Daily: NIO opens first NIO House in MENA region

Published: Nov 29, 2024 19:52

Source: gasgoo

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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.

NIO opens first NIO House in MENA region

On November 28, NIO announced the opening of its first NIO House in the Middle East and North Africa (MENA) region. The new facility is located on Al Maryah Island.

ONTIME granted Class B qualification for navigation map production

Guangzhou Chenqi Mobility Technology Co., Ltd. ("ONTIME"), the mobility technology and service company under GAC Group, recently received approval to expand its Class B surveying and mapping qualification. The company, previously certified in geographic information systems engineering and internet mapping services, has now added navigation electronic map production to its capabilities.

BYD launches SEALION 7 model at Thailand Motor Expo

On November 28, the Thailand International Motor Expo 2024 opened in Bangkok, featuring the debut of BYD's SEALION 7 all-electric SUV. Besides, BYD also showcased a range of new energy vehicle (NEV) models, including the BYD ATTO 3, BYD DOLPHIN, BYD SEAL, BYD M6, the BYD SHARK 6 pickup, and several premium models from DENZA, such as the N7 SUV, the Z9 GT sedan, and the D9 flagship MPV.

ZEEKR's 500th store globally opens for business

On November 28, ZEEKR opened its 500th store globally, which is located in Singapore, according to a post on the company's WeChat account. Currently, it operates 447 stores in China and 53 stores overseas, with plans to reach a total of 520 stores worldwide by the end of this year.

XPENG's 10,000th P7+ vehicle rolls off assembly line after 20 days on market

On November 28, XPENG announced that there have been 10,000 P7+ vehicles rolling off the assembly line only 20 days after the model hit the market. The model went on sales on November 7, with three variants offered: the P7+ Long Range Max, the Ultra Long Range Max, and the Limited Edition Max, priced at 186,800 yuan, 198,800 yuan, and 218,800 yuan, respectively.

AICC completes A+ financing round

On November 29, Automotive Intelligence and Control of China Co., Ltd (AlCC) announced the completion of its A+ financing round, which raised for the company hundreds of millions of yuan.

BAIC BJEV steps up cooperation with HARMAN to boost ARCFOX's onboard experience

On November 28, BAIC BJEV and HARMAN held a signing ceremony at BAIC BJEV's headquarters to deepen their collaboration, focusing on innovative upgrades for in-car displays and audio systems. The partnership aims to deliver an exceptional driving and riding experience for ARCFOX users.

Foton Motor inaugurates Thailand plant

On November 27, Chinese commercial vehicle maker Foton Motor celebrated the completion of its Thailand factory. At the event, the automaker saw an all-electric heavy-duty truck roll off the production line at the Thai facility, which represents the 1 millionth vehicle produced for Foton Motor's overseas business (including export and local production outside of China).

China achieves highest-ever monthly new energy passenger vehicle registrations in Oct. 2024

In October 2024, the registration volume of domestically produced passenger vehicles (PVs) in the Chinese Mainland reached 2,296,336 units, marking a year-on-year (YoY) jump of 20.32% and a month-on-month (MoM) growth of 7.85%, setting a new monthly high for the year, according to the data compiled by the Gasgoo Auto Research Institute ("GARI").

Of all PVs registered in October, 1,179,912 units were new energy vehicles (NEVs), achieving a penetration rate of 51.38% and hitting another record high for monthly registrations.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

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