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V2X solution developer PATEO bags 19-billion-yuan credit line from seven banks in China
V2X solution developer PATEO bags 19-billion-yuan credit line from seven banks in China

On March 26, PATEO, a Chinese V2X tech company, signed credit agreements with seven banks, securing a total credit line of 19 billion yuan.​

Mar. 26 , 2024
Ji Yue rolls out V1.4.0 OTA upgrade with enhanced intelligent capabilities
Ji Yue rolls out V1.4.0 OTA upgrade with enhanced intelligent capabilities

On March 25, Ji Yue, the automotive robot (Robocar) brand jointly developed by Baidu and Geely, hosted the AI DAY 2024 event, where it announced the release of the OTA V1.4.0 software upgrade.

Mar. 26 , 2024
BAIC Motor’s 2023 annual revenue rises 3.9% YoY to 197.949 billion yuan
BAIC Motor’s 2023 annual revenue rises 3.9% YoY to 197.949 billion yuan

On March 25, BAIC Motor Corporation Limited (BAIC Motor) announced its annual performance for the year ended December 31, 2023. According to the financial report, BAIC Motor achieved a revenue of 197.949 billion yuan in 2023.

Mar. 26 , 2024
China’s passenger vehicle sales in 2024 forecasted to climb 1.8% YoY: Gasgoo
China’s passenger vehicle sales in 2024 forecasted to climb 1.8% YoY: Gasgoo

The "Major Automakers’ Footprint in China (2024 Edition)" released by Gasgoo earlier this year reveals China’s domestic auto industry's current factory and brand layouts.

Mar. 26 , 2024
BYD's 7 millionth new energy vehicle comes off line
BYD's 7 millionth new energy vehicle comes off line

On March 25, BYD became the world's first automaker to roll off its 7 millionth new energy vehicle, the DENZA N7, which was unveiled at its Jinan factory in China.

Mar. 25 , 2024
Gasgoo Daily: BYD Yuan UP to hit market on March 26
Gasgoo Daily: BYD Yuan UP to hit market on March 26

With Gasgoo Daily, we will offer daily important automotive news in China.

Mar. 25 , 2024