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.
Baidu to launch Apollo Open Platform 10.0 on Dec. 4
Baidu is set to launch the Apollo Open Platform 10.0 on December 4, which features a comprehensive upgrade with its autonomous driving large model ADFM. The platform promises enhanced performance, lower costs, and improved safety while fostering global industry-academia collaboration.
SERES boasts 54.58% YoY surge in Nov. new energy vehicle sales
SERES reported new energy vehicle sales of 36,842 units for the month of November 2024, representing a 54.58% year-on-year spike. In the Jan.-Nov. period, SERES' cumulative new energy vehicle sales reached 389,566 units, soaring 255.26% from a year ago.
GAC Group to transfer stake in Greater Bay Technology
GAC Group plans to sell its 15.82% stake in battery tech company Greater Bay Technology for approximately 1.118 billion yuan to its parent company, Guangzhou Automobile Industry Group. Additionally, GAC Capital will transfer its 3% stake to the latter for 212 million yuan. The transaction, pending shareholder approval, is expected to boost GAC Group's 2024 net profit by 2.26 billion yuan.
Dongfeng Motor's wholly-owned new energy vehicle brands report robust Nov. sales
Dongfeng Motor's three new energy vehicle (NEV) brands—VOYAH, eπ, and NAMMI—all reported robust sales performance for the month of November 2024, according to the automaker's announcement via WeChat.
SemiDrive, BlackBerry QNX to co-develop automotive digital cockpit platform
On December 2, Chinese automotive chip supplier SemiDrive announced an expanded partnership with BlackBerry QNX to co-develop a cutting-edge automotive digital cockpit platform.
ZEEKR, Lynk & Co consolidate to form premium NEV group targeting 1 million units of annual global sales
On December 3, Mr. Lin Jinwen, Vice President of ZEEKR Intelligent Technology Holding Limited (“ZEEKR”), confirmed via his social media that following the strategic integration of ZEEKR and Lynk & Co, the corporate entity "Zhejiang ZEEKR Intelligent Technology Co., Ltd." remains unchanged. The newly integrated entity will be referred to as "ZEEKR Technology Group," overseeing the ZEEKR and Lynk & Co brands. The group aims to achieve annual global sales of one million high-end electric vehicles within two years.
ZEEKR starts delivering ZEEKR 009 MPV model in Hong Kong, China
On December 1, ZEEKR, the premium electric vehicle brand under Geely Holding, announced that deliveries of its ZEEKR 009 all-electric MPV have officially commenced in Hong Kong, with renowned celebrity Aaron Kwok becoming the first star owner.
ZF inaugurates third e-mobility plant in China
Global leading automotive supplier ZF recently opened its third e-mobility plant in China, known as ZF Electric Mobility Systems (Shenyang) Co., Ltd., according to a post on ZF's WeChat account. The new Shenyang plant will focus on producing and selling advanced three-in-one electric drive axles for new energy vehicles (NEVs).
SAIC Motor boasts 19.53% YoY jump in Jan.-Nov. 2024 NEV wholesales
SAIC Motor recently announced on Monday that its monthly wholesale volume reached 478,767 vehicles in November 2024, sliding 7.06% over the previous year, but growing 19.13% over the previous month.
ROX Motor partners with Laith Al Obaidi Group for Saudi Arabian market expansion
On December 1, Chinese new energy vehicle manufacturer ROX Motor signed a strategic cooperation agreement with the Laith Al Obaidi Group in Shanghai, appointing the group as its exclusive agent for Riyadh and the Eastern Province in Saudi Arabia, according to a post on ROX Motor's WeChat account.
China's vehicle inventory alert index in Nov. 2024 drops YoY to 51.8%
The China Automobile Dealers Association ("CADA") recently released the latest "China Automobile Dealers Inventory Alert Index" (VIA), showing that in November 2024, the VIA for Chinese automobile dealers reached 51.8%, representing an year-on-year decrease of 8.6 percentage points and a month-on-month increase of 1.3 percentage points.
