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XPENG boasts robust YoY, QoQ jump in Q2 2024 revenue
XPENG boasts robust YoY, QoQ jump in Q2 2024 revenue

For the quarter ending June 30, 2024, XPENG reported total revenues of RMB8.11 billion (US$1.12 billion), marking a 60.2% year-on-year hike and a 23.9% rise from the first quarter of 2024.

Aug. 20 , 2024
Gasgoo Daily: Tesla Shanghai Megafactory reaches 45% completion
Gasgoo Daily: Tesla Shanghai Megafactory reaches 45% completion

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.

Aug. 20 , 2024
BYD’s YANGWANG to begin customer delivery of U9 supercar soon
BYD’s YANGWANG to begin customer delivery of U9 supercar soon

On August 16, BYD saw its YANGWANG U9 electric supercar model's first vehicle for customer delivery roll off the production line, and announced the deliveries of the U9 will commence in the near future.

Aug. 20 , 2024
Hesai Technology posts 4.2% YoY rise in Q2 2024 revenue
Hesai Technology posts 4.2% YoY rise in Q2 2024 revenue

On August 20, Hesai Technology, a leading developer and manufacturer of LiDAR systems, announced its unaudited financial results for the second quarter of 2024, during which, the company reported revenue of 460 million yuan, marking a 4.2% YoY.

Aug. 20 , 2024
AVATR Technology acquires 10% stake in Huawei’s Yinwang for 11.5 billion yuan
AVATR Technology acquires 10% stake in Huawei’s Yinwang for 11.5 billion yuan

On August 20, Changan Automobile announced that AVATR Technology, its affiliated smart new energy vehicle company, signed a share transfer agreement with Huawei.

Aug. 20 , 2024
Beijing-Tianjin-Hebei Low Altitude Economy Alliance established with 33 new projects signed
Beijing-Tianjin-Hebei Low Altitude Economy Alliance established with 33 new projects signed

On August 17, the Beijing-Tianjin-Hebei Low Altitude Economy Industry Alliance was officially established at the Tianjin College of University of Science and Technology Beijing. During the ceremony.

Aug. 19 , 2024