Gasgoo Daily: Chery Holding’s annual revenue surpasses 300 billion yuan in 2023

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.

Chery Holding's annual revenue surpasses 300 billion yuan in 2023

Chery Holding saw its annual revenue exceed 300 billion yuan for the first time in 2023 and its annual sales volume is expected to be around 1.9 million vehicles, according to the New Year's speech delivered by Yin Tongyue, chairman of Chery Holding.

Photo credit: Chery Automobile

Great Wall Motor's whole-year overseas sales exceed 300,000 vehicles for first time

Great Wall Motor announced on December 29 its annual sales topped 300,000 vehicles for its overseas markets in 2023, surpassing the 300,000-unit mark for the first time.

WeRide granted approval for commercial paid operation of Robobuses in Guangzhou city

On December 30, the Level 4 autonomous driving technology developer WeRide, in collaboration with Guangzhou Bus Group, officially launched commercial operations for autonomous driving buses (Robobuses) with paid services. The partnership obtained the qualification for the demonstration and application of intelligent connected vehicles in Huangpu District, Guangzhou, on December 21, allowing them to conduct commercial paid operations for autonomous microcirculation buses (Robobus).

Geely Holding forecasts nearly 20% YoY jump in 2023 annual auto sales

Zhejiang Geely Holding Group ("Geely Holding")'s Chairman Li Shufu delivered the New Year's speech for 2024 on December 29, reflecting on the achievements of Geely Holding in 2023 and outlining the development goals for 2024.

Chery Fulwin T9 plug-in hybrid electric SUV rolls off line

Fulwin, the new energy vehicle range of Chery, saw the first T9 vehicle roll off the assembly line at the Chery Qingdao intelligent factory on December 28.

GAC Group, GDD, CEPREI team up to boost flying car industry development

On December 28, 2023, GAC Group, Guangzhou Development District ("GDD"), and The Fifth Electronics Research Institute of the Ministry of Industry and Information Technology ("CEPREI") officially inked a trilateral strategic cooperation framework, according to a press release from GAC Group. The collaboration aims to seize opportunities in the low-altitude economy and foster the development of the flying car industry.

GAC Energy plans to build 10 thousand 1,000V supercharging terminals in 2024

On December 28, the Hyper Super EV Charging and Battery Swapping Center by GAC Energy, a subsidiary of GAC Group, officially opened its doors at Jiangbeizui in Chongqing city, according to a press release from GAC Energy.

Gotion High-tech rolls off first battery pack produced at Fremont Factory

On December 29, Chinese power battery maker Gotion High-tech officially announced that its inaugural made-in-USA battery pack product rolled off the production line at the Fremont factory on December 21.

Ji Yue expands urban intelligent driving function coverage to Beijing, Shenzhen, Hangzhou

Ji Yue, the automotive robot brand jointly developed by Baidu and Geely, announced on December 28 the expanded coverage of its advanced urban intelligent driving capabilities to three more cities, namely, Beijing, Shenzhen, and Hangzhou.

SERES secures L3 autonomous vehicle road test licenses in Chongqing, Shenzhen

On December 29, Huawei's automaking partner SERES announced that it has secured L3 autonomous vehicle test licenses in both Chongqing and Shenzhen cities.

Flagchip, Uni-Sentry team up in vehicle controller information security protection field

Chinese automotive chip developer Flagchip inked a strategic agreement with Uni-Sentry focusing on the core layer of vehicle controller information security protection and an in-depth defense system for overall vehicle information security.