Gasgoo Daily: Li Auto likely to realize L3 autonomous driving capabilities in 2025

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.

Li Auto likely to realize L3 autonomous driving capabilities in 2025 

On December 26, Li Auto's vice president of intelligent driving technology R&D, Lang Xianpeng, stated that with ongoing iterations of its end-to-end + VLM system, Li Auto expects to achieve L3 autonomous driving capabilities in 2025. 

Xiaomi's executive expresses confident in meeting annual vehicle delivery goal

At Xiaomi's 2024 Human x Car x Home Partner Conference, President Lu Weibing announced that Xiaomi EV has delivered 100,000 vehicles in 230 days and is confident of reaching its 130,000-unit annual delivery target before year-end. 

Jiangxi Jingwei Hirain puts battery pack production line into operation

Jiangxi Jingwei Hirain Technology Co., Ltd. officially kicked off operation of the first production line of its Phase I project on December 25. The production line is dedicated to battery packs, with an initial capacity of 1GWh and a planned annual capacity of 5GWh. 

Skyworth Auto puts SKYWORTH K RHD model onto Hong Kong market

Chinese new energy vehicle maker Skyworth Auto recently announced the debut of its SKYWORTH K RHD (right-hand drive) model in the Hong Kong market. This marks a strategic step under the company's "global integration of home appliance and automobile brands" initiative. 

CATL announces plans for public listing on Stock Exchange of Hong Kong

On December 26, Contemporary Amperex Technology Co., Limited ("CATL") announced its intention to issue overseas-listed foreign shares (H-shares) and apply for listing on the Main Board of the Stock Exchange of Hong Kong Limited ("SEHK"). The H-share issuance will be conducted globally.

XPENG rolls off 50,000th unit of MONA M03

On December 27, Chinese new energy vehicle maker XPENG announced that cumulative production of the MONA M03 model reached 50,000 units within four months of its market launch.

Pony.ai approved for cross-regional autonomous driving pilot operation in China's Greater Bay Area

On December 27, the "Framework Agreement for Cross-Regional Recognition and Cooperation in Pilot Applications of Intelligent Connected Vehicles" was officially signed in Guangdong province, along with the announcement of the first batch of enterprises granted cross-regional permit. Pony.ai is among the first autonomous driving companies to receive this qualification. 

Changan NEVO releases interior images of C798 SUV

Changan Automobile's new energy vehicle range NEVO recently released the official interior images of its latest model, the C798, a mid-to-large SUV designed around the principles of "Pure," "Smart," and "Natural." 

Geely, ACEF co-launch biodiversity conservation initiative

On December 26, Geely Auto Group, in collaboration with the All-China Environment Federation (ACEF), launched the "Initiative to Promote Biodiversity Conservation", calling for greater public and corporate involvement in protecting biodiversity. 

Hesai Technology so far receives designated supply orders for over 100 vehicle models

LiDAR manufacturer Hesai Technology announced on December 27 that it has secured production contracts for over 100 vehicle models from 21 automakers, including new designations from three of China's top five carmakers. These recent agreements complement earlier contracts with major players like Great Wall Motor and Changan Automobile. 

MINIEYE goes public on Hong Kong Stock Exchange

On December 27, 2024, Minieye Technology Co., Ltd. (MINIEYE) successfully went public on the Main Board of the Hong Kong Stock Exchange under the stock code "2431.HK" and at an issue price of HKD 17 per share. 

2025 DENZA D9 hits market with upgraded interior, smart driving features

On December 26, 2024, BYD's premium vehicle brand DENZA officially put the 2025 DENZA D9 MPV onto the market. The model comes with 8 trim levels, including 5 plug-in hybrid electric vehicle (PHEV) variants priced between 339,800 yuan and 449,800 yuan and 3 battery electric vehicle (BEV) versions priced from 349,800 yuan to 469,800 yuan.

AITO M9 so far records over 200,000 units of fixed orders

On December 26, Huawei's smart car alliance, Harmony Intelligent Mobility Alliance (HIMA), officially announced that the cumulative fixed orders for the AITO M9 new energy SUV have surpassed 200,000 units within one year of its market launch. 

China's YTD homemade passenger vehicle registrations up 8.31% YoY by Nov. 2024

In November 2024, the registration volume of domestically produced passenger vehicles (PVs) on the Chinese Mainland reached 2,378,434 units, marking a year-on-year (YoY) jump of 24.07% and a month-on-month (MoM) growth of 3.58%, setting a new monthly high for the year, according to the data compiled by the Gasgoo Auto Research Institute ("GARI").