Gasgoo Daily: 2024 ZEEKR X hits market

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.

2024 ZEEKR X hits market

ZEEKR, the premium electric vehicle brand under Geely Auto, officially put the 2024 ZEEKR X compact SUV, onto the market. Coming with two trim levels, it starts at 200,000 yuan.

2024 ZEEKR X; photo credit: ZEEKR

The new model maintains the sleek design of its predecessor, with upgrades focused on several key aspects. Notable enhancements include a revamped chassis system with the introduction of an urban off-road mode, the addition of the stylish new Su Mo Grey exterior color option, a pressure-relieving massage feature for the driver's seat, an optional Hi-light dynamic welcome light, the inclusion of a Touch Bar steering wheel (available for the five-seater four-wheel-drive trim), and the optional smart electric sliding screen (available for five-seater four-wheel-drive trim).

Osemitech closes Pre-A funding round

Recently, Chinese chip designer Osemitech Technology Co., Ltd. successfully secured nearly 100 million yuan in Pre-A round financing. This funding round was led by Leaguer Capital. The company is engaged in the R&D, as well as sales, of wireless SoC chips such as ultra-wideband and automotive millimeter-wave radars. The funds raised in this round will be utilized to further increase investment in the technical R&D of automotive-grade chips, ensuring a secure foundation for accelerating the mass production and implementation of their products.

U Power achieves overseas delivery of skateboard chassis

On January 9, U Power, a leading player in the electric skateboard chassis industry, delivered the first batch of its UP Super Board skateboard chassis products to the U.S. automotive startup, Olympian Motors, during the CES 2024, the largest consumer electronics show in the world.

Geely's Farizon Auto teams up with multiple entities on development of new energy industry

On January 8, 2024, Geely's Farizon New Energy Commercial Vehicle Group ("Farizon Auto") joined hands with prominent entities including the China Overseas Development Association, the China Petroleum Circulation Association, the China Energy Research Society's Committee on Energy Supply and Green Consumption, International Financial News (FNEWS.com), China Energy Engineering Corporation Limited, China General Nuclear Power Corporation, Great United Petroleum Holdings Co. Ltd., etc., to ink a comprehensive "Strategic Cooperation Agreement for Joint Development of the New Energy Industry."

GAC Group obtains L3 autonomous vehicle road test license in Guangzhou

GAC Group announced on January 9 its acquisition of an L3 autonomous vehicle test license in Guangzhou by the end of 2023, which allows the company to conduct trials on designated highway and expressways in the city.

DeepRoute, Tencent ally on advanced HD map-free intelligent driving solution deployment

At the CES 2024, Chinese autonomous driving solution developer DeepRoute announced its partnership with tech giant Tencent in the realm of mapping, aiming to help automakers create advanced intelligent vehicles without HD maps reliance.

Jaguar Land Rover's China retail sales jump 25% YoY in 2023

On January 8, Jaguar Land Rover China unveiled its sales performance for the year 2023. According to official data, its annual retail sales reached an impressive 106,377 units, marking a substantial 25% growth compared to the previous year. Notably, the Land Rover models, including the Range Rover and Range Rover Sport imported for domestic sales, as well as the Defender series, exhibited a particularly significant increase in sales for 2023.

RoboSense launches M3 ultra-long-range LiDAR for L3+ intelligent driving systems

Chinese smart LiDAR solution provider RoboSense launched its latest innovation, the M3 ultra-long-range LiDAR, engineered for L3+ autonomous driving systems, during the CES 2024 in the United States.

Changan Automobile posts 8.82% YoY rise in 2023 annual auto sales

Chinese automaker Chongqing Changan Automobile Co., Ltd. ("Changan Automobile") reported an annual sales volume of 2,553,052 vehicles in 2023, representing an 8.82% rise year-on-year, according to the company’s announcement on January 9.

Fuyao Group plans to build world's largest auto glass export base in Fuqing city

Fuyao Group, a large multinational company specializing in the manufacture of automobile safety glass and industrial technical glass, is ambitious to build the world's largest automotive glass export base in Fuqing city, Fujian province.

BMW Group boasts 138% YoY spike in 2023 all-electric vehicle sales in China

On January 9, BMW Group unveiled its annual sales figures in the Chinese market for 2023, reporting a total delivery of 824,932 BMW and MINI brand vehicles, marking a 4.2% year-on-year increase.

Volkswagen Group sells 3.236 million vehicles throughout 2023 in China

Volkswagen Group (China) unveiled its 2023 sales data on January 9, indicating a cumulative delivery of 3.236 million vehicles throughout the year, marking a 1.6% increase compared to 2022.