Gasgoo Daily: BYD India's 5,000th vehicle rolls off production line

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.

BYD India's 5,000th vehicle rolls off production line

On November 29, BYD saw the 5,000th vehicle made at its India manfuacturing plant roll off the production line, marking its key role in the rapidly growing Indian electric vehicle.

SAIC MOTOR Passenger Vehicle appoints Zhou Xing as General Manager of MG brand division

On December 9, SAIC MOTOR Passenger Vehicle Company, a subsidiary wholly owned by SAIC Motor, officially appointed Mr. Zhou Xing as the General Manager of the MG Brand division. Zhou confirmed the appointment on his Weibo account, a Twitter-like social media platform in China. With extensive experience at SAIC-GM-Wuling, he has held key positions in brand development, product design, marketing, and channel expansion. Known for his exceptional management and marketing skills, he has proven expertise in brand building and channel operations.

FTXT, Liyuan Group, Yutong deliver first-batch cooperative hydrogen-powered heavy-trucks

Recently, thirty Yutong fuel cell heavy-duty trucks, whose key components supplied by FTXT-Liyuan, a joint venture between FTXT Energy Technology Co., Ltd. (FTXT) and Henan Liyuan Group ("Liyuan Group"), were officially put into operation in Anyang City, Henan Province, according to a post on FTXT's WeChat account. The trucks are primarily used to transport coke for Liyuan Group. This marks a significant milestone in the cooperation between FTXT and Liyuan Group to promote hydrogen vehicle applications in Henan. It also represents an important collaboration with Yutong Group, a Chinese main commercial vehicle manufacturer, following the success on hydrogen-powered buses.

China's passenger car wholesales reach record high in Nov. 2024

In November 2024, the retail sales of passenger vehicles in China reached 2.423 million units, representing a 16.5% increase year-on-year and a 7.1% rise month-on-month, according to data from the China Passenger Car Association.

Dida Chuxing, JD Auto, Allianz JD forge strategic partnership in carpool service

Chinese ride-share service operator Dida Chuxing ("Dida") recently announced a strategic partnership with JD Auto and Allianz JD, aiming to leverage their respective strengths to create innovative solutions tailored to the ride-sharing ecosystem. The collaboration will focus on developing customized insurance products and enhancing post-trip services to better serve Dida's carpool service users.

Farizon introduces several new energy commercial vehicle models in Hong Kong, China

On December 5, Farizon, the new energy commercial vehicle maker under Geely Holding, showcased several new energy vehicle (NEV) models, including the Farizon SV (super van), the H9E intelligent light-duty truck, and the U11M methanol-hydrogen bus, at the IMXpo 2024 in Hong Kong, marking the brand's official entry into the Hong Kong market.

Joyson Electronics plans public listing on HKEX

On December 6, Ningbo Joyson Electronic Corp. ("Joyson Electronics") announced plans to issue H-shares and list on the Main Board of the Hong Kong Stock Exchange (HKEX). The funds raised will be used for the development and commercialization of next-generation intelligent automotive electronics and cutting-edge technologies, production capacity expansion, supply chain enhancements, international business growth, and potential industry investments or acquisitions.

Geely starts delivering Galaxy Starship 7 EM-i SUVs

On December 6, the Starship 7 EM-i, the latest plug-in hybrid electric SUV model under Geely's new energy vehicle (NEV) range Galaxy, hit the market. Nationwide deliveries have already commenced, fulfilling the promise of launch-to-delivery immediacy.

ZEEKR hits production milestone of 400,000 vehicles

On December 7, Geely's ZEEKR brand celebrated the production milestone of its 400,000th vehicle, meaning the company produced its 4th 100,000 vehicles in just four months.

Geely Holding's new energy vehicle sales soar 60.6% YoY in Nov. 2024

Zhejiang Geely Holding Group ("Geely Holding") announced via its WeChat account that its monthly automobile sales volume hit a new high of 355,021 units in November 2024, jumping 20.7% year on year (YoY).

Hesai Technology nabs exclusive LiDAR supply deal from Great Wall Motor

LiDAR solution provider Hesai Technology announced on December 6 that it has secured an exclusive production contract for several vehicle models from Great Wall Motor's WEY and TANK SUV brands. These models will feature Hesai's ATX LiDAR, which is slated for mass production in 2025.  

AVATR releases exterior images of second sedan model AVATR 06

AVATR, the premium new energy vehicle brand jointly backed by Changan Automobile, Huawei, and CATL, officially named its second luxury sedan model the "AVATR 06," according to an announcement on the company's WeChat account on December 9.  

2024 China-UK Automotive Cooperation Forum succesfully concluded

On December 7, the "2024 China-UK Automotive Cooperation Forum and the Annual Conference of the UK Chinese Society of Automotive Engineers" was held at the University of Birmingham.

ZEROG secures over 100 million yuan in Series A+ financing

Zero Gravity Aircraft Industry (ZEROG), a Chinese new energy aircraft manufacturer, announced the successful completion of its Series A+ financing with over 100 million yuan raised, according to a statement in ZEROG's official website. 

COSCO SHIPPING, SIPG to increase investment in SAIC Anji Logistics

On December 6, COSCO SHIPPING Holdings Co., Ltd. (COSCO SHIPPING), Shanghai International Port (Group) Co., Ltd. (SIPG) signed a capital injection agreement with SAIC Motor Corporation Limited (SAIC Motor), SAIC Capital Company Limited, and SAIC Anji Logistics Co., Ltd., according to a post on SAIC Motor's WeChat account.

XPENG puts XPENG X9 MPV model onto Thai market

Chinese smart electric vehicle maker XPENG recently announced that the XPENG X9 has officially hit the Thai market, according to its Weibo account, a Twitter-like social media platform in China.

GAC International inaugurates Brazil office

On December 4, GAC International marked a major milestone in its global expansion with the opening of its Brazil office in São Paulo, the largest city in the country. This move signifies the establishment of GAC's localized operations in Brazil.