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.
FORVIA HELLA achieves production of 48V battery management system in China
FORVIA HELLA has successfully commenced the global production of its 48V Battery Management System in China. Integrated into 48V lithium battery packs by a leading Chinese battery supplier, the system has been delivered to a well-known European automaker. The production began in April at FORVIA HELLA’s electronics plant in Shanghai.
Baojun Yunhai rolls off line, starting presale at 121,800 yuan
The new compact SUV under SAIC-GM-Wuling’s Baojun brand, the Yunhai, recently rolled off the production line at the automaker’s LIM factory with smart assembly islands. Available in both plug-in hybrid and all-electric versions, the model’s presale prices range from 121,800 yuan to 145,800 yuan. The Yunhai’s official market launch is scheduled for September.
China Telecom launches global V2X platform
China Telecom introduced its Global V2X Connectivity Management Platform (name in translation) at a recent conference. The platform covers over 200 regions worldwide, offering customized, efficient, and comprehensive one-stop vehicle connectivity solutions.
AVATR Technology signs strategic deal with Qatar’s AL ATTIYA Motors
On August 21 in Shanghai, AVATR Technology, the premium new energy vehicle company jointly backed by Changan Automobile, Huawei, and CATL, signed a significant agreement with Qatar's AL ATTIYA Motors.
WeRide launches L4 unmanned Robosweeper in Shantou city
Chinese autonomous driving solution provider WeRide, in collaboration with Guangdong Huadalong City Management Service Co., Ltd. (Huadalong), recently launched Shantou city's first commercial L4 autonomous street-sweeping project. This marks the debut of WeRide's Robosweeper S1 in Shantou and the eastern Guangdong region.
Xiaomi’s innovative business including Xiaomi EV posts revenue of 6.4 billion yuan in Q2 2024
On August 21, Xiaomi Group released its financial report for the second quarter of 2024 (Q2 2024), showing a revenue of 88.9 billion yuan, which surged 32% year on year from Q2 2023's 67.4 billion yuan. The company’s adjusted net profit reached 6.2 billion yuan in the period, marking a 20.1% increase from a year ago, with cash reserves standing at 141 billion yuan.
GMW’s WEY puts all-new Blue Mountain model onto market
On August 21, Great Wall Motor's WEY brand officially put the all-new Blue Mountain (named "Lanshan" in Chinese pinyin) onto the market, offering two variants with prices ranging from 299,800 yuan to 326,800 yuan.
NIO unveils county-level deployment ambition for EV charging, battery swap network
On August 20th, during the Power UP 2024 event, NIO announced its county-level charging accessibility plan, marking the beginning of a new chapter for NIO's expansion of electric vehicle charging and battery swapping network.
GAC INTERNATIONAL holds brand launch in Vietnam with two key models introduced
On August 20, GAC INTERNATIONAL made a significant stride in its Southeast Asian market expansion by holding a grand brand launch and product unveiling event in Hanoi, Vietnam. The event marked the official introduction of two flagship models, the All New GS8 and the All New M8, to the Vietnamese market, underscoring GAC INTERNATIONAL's commitment to accelerating its presence in the region.
Desay SV’s revenue jumps 34.02% YoY in H1 2024
Desay SV recently released its financial report for the first half of 2024 (H1 2024), showing robust growth. During which, the company achieved a revenue of 11.692 billion yuan, indicating a 34.02% jump year-on-year, and a net profit of 838 million yuan, up 38.11% from a year ago.
Joyson Electronics’ H1 2024 revenue edges up 0.24% YoY, net profit leaps
On the evening of August 21, Ningbo Joyson Electronic Corp. ("Joyson Electronics") released its semi-annual financial report for 2024, showcasing solid financial performance despite ongoing changes in the global automotive market.
BYD opens new flagship store in Chile
BYD's Chilean distributor, ASTARA Group, recently celebrated the grand opening of its flagship store in Lo Barnechea, Santiago, according to a press release of BYD. This marks BYD's ninth store in Chile, where the company has already introduced nine models of all-electric and plug-in hybrid vehicles.
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