Gasgoo Daily: Cumulative sales of Wuling Binguo family surpass 400,000 units

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.

Cumulative sales of Wuling Binguo family surpass 400,000 units 

SAIC-GM-Wuling announced on December 18 that the Wuling Binguo family has surpassed 400,000 units in cumulative sales. In November alone, the Binguo and Binguo SUV (five-seater) recorded monthly sales of 35,728 units. 

BYD Shark pickup to start deliveries in Australia in Dec.

BYD is said to commence delivery of its first pickup, the Shark, in Australia in December. Priced at AUD 57,900 (approximately RMB 268,400), the model opened for pre-orders in late October. 

Sunwoda rolls off commercial vehicle-dedicated supercharging power battery

Sunwoda's supercharging power battery for commercial vehicles recently rolled off the production line, according to the company’s announcement. The product will see full market promotion in China soon.

Changan Kaicheng plans to introduce new investors

Changan Automobile announced on December 17 that its commercial vehicle subsidiary, Changan Kaicheng, plans to raise up to 2.5 billion yuan through a capital expansion via public listing on the Chongqing United Assets and Equity Exchange Group.

Zhijia Technology completes first warehouse-to-warehouse unmanned trucking test

Autonomous driving solution developer Zhijia Technology recently announced the successful completion of the industry's first unmanned warehouse-to-warehouse trucking operation. The test route began at a major e-commerce logistics park in Huangshi, Hubei Province, passing through urban areas and multi-lane highways, and concluded at a large freight airport storage facility. 

AVATR secures over 11 billion yuan in Series C financing

On December 17, premium new energy vehicle brand AVATR announced the successful completion of its Series C financing round, which raised for the company over 11 billion yuan.

MINIEYE plans to start trading on Hong Kong Stock Exchange on Dec. 27

Chinese provider of intelligent driving and smart cockpit solutions Minieye Technology Co., Ltd. (MINIEYE) commenced its IPO subscription on December 17, which will be closed on December 20. The company plans to list on the Hong Kong Stock Exchange's main board under the ticker "2431.HK" on December 27. 

Ganfeng Lithium's Goulamina lithium spodumene project Phase I in Mali goes into operation

On December 15, Ganfeng Lithium Group Co., Ltd. ("Ganfeng Lithium"), one of the world's top producers of the commodity used in new energy vehicles, announced that the first phase of its Goulamina lithium spodumene project in Mali, Africa, officially commenced operations on the same day. The project is operated by Ganfeng Lithium's wholly-owned subsidiary, Ganfeng International.

Li Auto, CASIC's Aerospace Materials Institute build joint lab to enhance power battery safety

On December 17, 2024, Chinese new energy vehicle (NEV) manufacturer Li Auto and the Aerospace Materials Institute of the Third Academy of China Aerospace Science and Industry Corporation ("CASIC") jointly launched the "Advanced Thermal Insulation Materials Joint Laboratory" in Beijing, according to a post on Li Auto's WeChat account.

NIO unveils logo of third brand 'firefly'

On December 18, NIO released the official logo of its third brand, firefly, with the rollout of the new brand’s Weibo and WeChat accounts, as well as the official WeChat mini-program.

Great Wall Motor puts TANK 700 Hi4-T off-roader onto Kazakh market

Great Wall Motor ("GWM")'s TANK 700 Hi4-T off-road model recently went on sale in Kazakhstan, according to a press release GWM issued on December 17 via its WeChat account. This launch represents a significant step in the automaker's global strategy for the luxury off-road market.