Gasgoo Daily: China registers 20.41 million new energy vehicles by end of 2023

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 registers 20.41 million new energy vehicles by end of 2023

China had approximately 435 million motor vehicles running on roads by the end of 2023, around 20.41 million units were new energy vehicles (NEVs), according to statistics released by China's Ministry of Public Security on Thursday.

HiPhi opens first Macau-located experience center

On January 11, HiPhi, the Chinese luxury electric vehicle brand under Human Horizons, officially inaugurated its first experience center located in Macau, China, according to a post on HiPhi's WeChat account.

Geely Haoyue PRO compact SUV hits market

Geely Auto's new compact SUV, the Geely Haoyue PRO, hit the market with two trim levels offered. Featuring a price range of 86,900 yuan to 89,900 yuan, the model carries a 1.5-liter turbocharged engine.

NIO inks framework agreements with JAC Group, Chery Holding for battery swap cooperation

Zhong An Energy Co., Ltd. ("Zhong An" is Chinese Pinyin), which is jointly funded and established by  Anhui Province Energy Group, NIO, Gotion High-tech, and Anhui Provincial New Energy Vehicle and Intelligent Connected Vehicle Industry Themed FoF (Fund of Funds), was unveiled in Hefei on January 11, according to a post on the WeChat account of Anhui Daily.

China's annual auto output, sales both hit record high at over 30 million units in 2023

In the year 2023, China's cumulative automobile production and sales volumes reached a respective 30.161 million units and 30.094 million units, marking a year-on-year growth of 11.6% and 12%, according to data from the China Association of Automobile Manufacturers (CAAM). This historic achievement in production and sales also represent an all-time high in the world's largest auto market.

Continental confirms intention to invest in auto digital key solution provider INGEEK

Continental recently affirmed its strategic investment intentions in INGEEK, a leading player in China’s automotive digital key sector, according to Continental's press release.

BorgWarner plans to build joint venture with China's Shaanxi Fast Auto Drive Group

BorgWarner recently inked an agreement with Shaanxi Fast Auto Drive Group ("FAST Group"), a leading Chinese supplier of commercial vehicle components specializing in transmissions and drivetrain systems, to build a joint venture, aiming to further expand its product portfolio for battery electric and hybrid commercial vehicles, according to a press release from BorgWarner.

BYD's Yangwang unveils flagship sedan model U7

Yangwang, the luxury new energy vehicle (NEV) brand of BYD, following the launch of the U8 and U9 models, officially announced its latest creation, the Yangwang U7, on January 10 via its official WeChat account.

U POWER delivers skateboard chassis, inks four international deals at CES 2024

On January 9, Chinese electric vehicle skateboard chassis developer U POWER delivered the first overseas batch of UP Super Board skateboard chassis to the American auto startup, Olympian Motors, at the CES 2024.

YTMicro, Uni-Sentry to co-build automotive cybersecurity solution

Chinese automotive chip supplier YTMicro recently announced its partnership with Uni-Sentry, which encompasses the automotive cybersecurity field, according to YTMicro's WeChat post on January 10. 

Leapmotor kicks off pre-sale of C10 SUV, starting at 151,800 yuan

On January 10, Chinese new energy vehicle maker Leapmotor officially commenced pre-sale of its C10 model, which comes with both extended-range and battery-electric options.