Gasgoo Daily: CATL to establish international headquarters in Hong Kong
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.
CATL to establish international headquarters in Hong Kong
CATL is set to establish its international headquarters in Hong Kong, China, inaugurating the "CATL Hong Kong Technology Innovation R&D Center" in the Hong Kong Science and Technology Parks. The memorandum of cooperation is scheduled for signing on December 7, according to information released by the Hong Kong Science and Technology Parks.
Photo credit: CATL
Chevrolet launches limited-time car purchase discounts in China
Chevrolet announced a limited-time car purchase policy valid from December 1 to December 31 in China, presenting a substantial discount of up to 60,000 yuan for the Chevrolet SUV family. Moreover, purchasers of the Cruze model will receive a complimentary full tank of fuel.
NavInfo delivers human-machine co-driving navigation product to multiple automakers
NavInfo confirms the delivery of its human-machine co-driving navigation product to SAIC Motor’s Roewe for mass production and is currently supplying the same product to several automakers, including Hongqi, the company disclosed at the Q&A plaform of the Shenzhen Stock Exchange. These initiatives align with the company’s mass production plans and are poised for market integration.
DENZA N7 to toll out highway NOA function in late December
Zhao Changjiang, the Sales Division Manager of BYD-backed high-end new energy vehicle brand DENZA, took to social media on December 6 to unveil the upcoming N7 smart driving experience season event set for December 8 in Beijing.
Farizon Auto, Gotion High-tech, Afanti New Energy ally on promoting new energy commercial vehicles
On December 5, a strategic cooperation signing ceremony took place in Hefei, involving Geely's Farizon New Energy Commercial Vehicle Group ("Farizon Auto"), Afanti New Energy Group, and Gotion High-tech.
SINPRO closes Series A+ funding for 4D imaging radar technology advancements
SINPRO Intelligent Technology (Shanghai) Co., Ltd. ("SINPRO") recently announced the completion of its Series A+ funding round, totaling around a hundred million yuan.
Shanghai TOSUN Technology nabs over 100 million yuan in Series A+ funding
Shanghai TOSUN Technology Ltd. (TOSUN) announced the successful completion of its A+ funding round, which raised for the company over 100 million yuan.
BYD introduces SONG PLUS DM-i in Paraguay
In recent days, BYD, in collaboration with the Paraguayan dealer DIESA Group, officially launched the BYD SONG PLUS DM-i at the CADAM motor show, marking BYD's debut of its super hybrid model in Paraguay, according to BYD's press release.
NIO achieves highest-ever quarterly revenues in Q3 2023
In the third quarter of 2023 (Q3 2023), NIO recorded total revenues of 19,066.6 million yuan (US$2,613.3 million), reflecting a year-on-year (YoY) jump of 46.6% and a quarter-on-quarter (QoQ) spike of 117.4%.
VOYAH Zhuiguang PHEV hits market, starting at 252,800 yuan
Dongfeng Motor’s premium new energy vehicle brand VOYAH officially put its Zhuiguang PHEV onto the market on December 5.
On December 5, Geely-backed intelligent mobility solution developer ECARX announced a partnership with Black Sesame Technologies and BlackBerry to develop the "Skyland" series integrated intelligent driving platform.
Great Wall Motor boasts 2-digit YoY growth in Nov. 2023 auto sales
In November of this year, Great Wall Motor ("GWM") sold 122,849 new vehicles, marking a remarkable 40.30% year-on-year surge, according to the company's latest monthly sales results. Its cumulative sales from January to November reached 1,118,202 units, reflecting a 12.94% year-on-year growth.
GAC Group scores 80.35% YoY spike in Jan.-Nov. new energy vehicle sales
GAC Group announced on Tuesday its auto sales reached 227,124 units in November 2023, jumping 19.35% over the previous year. For the first 11 months of this year, the Guangzhou-based auto giant sold 2,245,837 vehicles in total, which edged up 0.81% year over year.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com
