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.
GAC International to enter Colombian market in late Oct.
On October 15, GAC International, the international business unit of GAC Group, announced it will host a launch event on October 29 in Bogotá, the capital of Colombia, marking its official entry into the Colombian market.
Autowise.ai secures unmanned sanitation vehicle testing license in Hangzhou
On October 16, Chinese autonomous driving startup Autowise.ai was granted Hangzhou's testing license for unmanned sanitation vehicles. This comes after its Autowise V1 became the first unmanned sanitation vehicle in China to receive road operation approval on public urban roads. The new license allows the Autowise V3 model to operate autonomously in Hangzhou. With this approval, the Autowise V3 is set to begin road-cleaning operations, pushing forward the deployment of unmanned technologies in public sanitation.
GAC AION sells 9,447 second-gen AION V vehicles in Sept.
On October 16, GAC AION reported that its new all-electric vehicle model, the second-generation AION V, recorded sales of 9,447 units in September, marking a 50% month-on-month growth. The model, which hit the market on July 23, offers seven variants priced between 129,800 and 189,800 yuan.
AVATR 12 range-extended edition starts presale
On October 15, AVATR officially opened presale for the range-extended electric vehicle (REEV) version of the AVATR 12 model. The new product features the Kunlun smart range extender and Huawei's Qiankun ADS 3.0 intelligent driving system, offering upgrades in power, luxury, and intelligence.
Horizon Robotics seeks up to HKD 5.4 billion through IPO on Hong Kong Stock Exchange
On October 16, Horizon Robotics announced its official launch of its Initial Public Offering (IPO) on the Hong Kong Stock Exchange. According to the company's statement, it plans to issue 1.355 billion shares globally, with 135,511,200 shares (10%) allocated for the Hong Kong public offering and around 1.219 billion shares (90%) for international sale.
JAC Group forecasts 237.08% YoY surge in Q1-Q3 net profit
On October 15, Anhui Jianghuai Automobile Group Corp., Ltd. (JAC Group) released its earnings forecast for the first three quarters of 2024. According to preliminary estimates by the company's finance department, JAC Group expects a net profit of approximately 620 million yuan attributable to the parent company, reflecting a spike of 237.08% compared to the same period last year.
MG ES5 all-electric SUV makes global debut
On October 15, SAIC Motor's MG brand officially launched its latest all-electric SUV, the MG ES5. The model has underwent a name change from "S5" to "ES5," signaling a repositioning and upgrade for the vehicle, and is set to hit the market in November this year.
DEEPAL forays into Australia with four new energy vehicle models
On October 15, DEEPAL, the new energy vehicle (NEV) brand under Changan Automobile, made its debut in Australia with the unveiling of four vehicle models, the DEEPAL L07, S07, G318, and S05.
GAC AION teams up with Momenta to co-develop intelligent driving solutions
On October 15, 2024, in Guangzhou, GAC AION, the new energy vehicle (NEV) maker of GAC Group, signed a strategic cooperation agreement with autonomous driving technology company Momenta, aiming to jointly advance the R&D, and mass production of high-level intelligent driving solutions.
WeRide launches latest mass-produced Robotaxi 'GXR'
On October 15, autonomous driving solution developer WeRide introduced its latest mass-produced Robotaxi, the GXR, which is touted as the most spacious Robotaxi model in the world. The GXR leverages WeRide's 1,800+ days of Robotaxi operational experience and Geely Farizon Auto’s SuperVAN wire-controlled intelligent architecture.
Li Auto eyes monthly production volume of 30,000 Li L6 vehicles
Meng Qingpeng, Li Auto's Vice President of Supply Chain, recently revealed that the production potential of the Li L6 model has yet to be fully unleashed. Currently, the maximum production capacity at the company's factory and supplier facilities stands at 26,000 units per month. However, following planned upgrades to the production line, Li Auto aims to boost output to 30,000 Li L6 vehicles per month by next year.
CATL inaugurates R&D center in Hong Kong
On October 15, CATL (HK) International R&D Center was officially inaugurated in Hong Kong Science & Technology Park, marking a significant progress of CATL's R&D deployment in the city.
BWI Group, Geely-backed KINGWAY Technology team up in intelligent chassis field
On October 11, BWI Group and KINGWAY Technology, a subsidiary of Geely Auto focused on intelligent chassis control, signed a strategic cooperation agreement, according to a post on BWI Group's WeChat account.
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