Gasgoo Daily: Geely’s pickup brand RADAR to seek IPO opportunity

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.

Geely’s pickup brand RADAR to seek IPO opportunity

Geely Holding’s  outdoor lifestyle auto brand, RADAR, is seeking to enter the overseas market in 2023, and eyeing a potential IPO when appropriate, the company confirmed.

Photo credit: RADAR

Stellantis negotiates future plans of DPCA with Dongfeng Motor

Grégoire Olivier, Chief Operating Officer for China (in charge of DPCA) and a member of Stellantis' Top Executive Team, said that DPCA (Dongfeng Peugeot-Citroën) will break even next year and Stellantis is currently discussing with Dongfeng Motor the future product planning of the joint venture, which is clearly leaning toward electrification.

Mass-produced HYCAN A06 rolls off line

The all-new mid-sized sedan, the A06, under Chinese auto startup HYCAN, officially rolled off the production lines at the automaker’s Hangzhou factory. With a price range of 180,000 yuan to 270,000 yuan, the A06 is expected for nationwide delivery soon.

Great Wall Motor expands production capacity of L.E.M.O.N DHT

Great Wall Motor’s HYCET Transmission Technology saw its Pizhou factory start production. The first product to be manufactured in the factory is the automaker’s L.E.M.O.N DHT transmission assembly with a planned production capacity of 450,000 units per year. The annual production capacity of the L.E.M.O.N DHT will be lifted to 650,000 units when the new facility becomes fully operational. 

China’s monthly auto export, NEV sales reach new high in October 2022

In October, China’s auto output and sales maintained a steady and rising momentum. The output and sales of new energy vehicles (NEVs) reached a new high in the past month, so as the auto export volume, according to the China Association of Automobile Manufacturers (CAAM).

Geely RADAR’s first model RD6 hits market, starting at 178,800 yuan

On Nov. 9, the RD6, the first production model under Geely's young outdoor lifestyle vehicle brand RADAR, officially hit the market with its four trim levels priced from 178,800 yuan ($24,660) to 268,800 yuan ($37,070).

Lenovo discloses strategic deployment in automotive computing field

Chinese computer giant Lenovo for the first time introduced its deployment and recent achievement in the automotive computing field at the company’s Lenovo Tech World 2022 event on November 9.

BYD names fire new high-end auto brand Yangwang

BYD unveiled earlier this week the name of its fire new high-end auto brand, Yangwang, which is translated as "looking up".

SAIC Motor-backed Heading Data Intelligence partners with Tencent Intelligent Mobility

SAIC Motor-backed spatial data provider Heading Data Intelligence ("Heading") inked a strategic cooperation agreement with Tencent Intelligent Mobility for intelligent vehicle and digital infrastructure development.