Gasgoo Daily: NETA Auto’s third overseas plant finds home in Malaysia

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.

NETA Auto's third overseas plant finds home in Malaysia

On January 12th, Chinese new energy vehicle maker NETA Auto, in collaboration with its Malaysian partner, successfully held the groundbreaking ceremony for its third overseas factory in the Rembau Chembong Industrial Zone in Negeri Sembilan, Malaysia. This milestone signifies a significant advancement in NETA Auto's global business expansion, further strengthening its influence in the Southeast Asian and global markets.

Photo credit: NETA Auto

Wang Jun named as new General Manager of SAIC Motor Passenger Vehicle Company, CEO of Rising Auto

On the evening of January 11th, SAIC Motor announced a significant executive change, with Vice President of SAIC Motor, Wu Bing, stepping down from his dual roles as the General Manager of SAIC Motor Passenger Vehicle Company and CEO of Rising Auto. Meanwhile, the two roles have been taken over by Wang Jun, former General Manager of HASCO Automotive.

All-new Lexus GX hits Chinese market

The all-new generation of Lexus GX has gone on sale in the Chinese market, with prices ranging from 778,000 yuan to 88,800 yuan. The GX model, under the Lexus brand, is available in three different trim levels. The new model features a completely redesigned aesthetic, resembling a square box, with a front face equipped with the iconic spindle-style grille and a larger trapezoidal layout for the lower bumper.

All-new Lexus GX; photo credit: Lexus

Tesla China issues 2024's first price reduction

On January 12, Tesla's official Chinese website showed significant price cuts for the Model 3 and Model Y, which also stand as the US electric vehicle maker's inaugural price adjustments for the year 2024.

Mercedes-Benz Group's 2023 China deliveries remain flat over previous year

Mercedes-Benz Group unveiled its annual sales data in China this week, revealing a cumulative delivery of approximately 765,000 new vehicles in the world's largest auto market, maintaining a level comparable to the previous year.

CALB, Zhongcheng Dayou form strategic partnership on energy storage, fast charging fronts

Chinese power and energy storage battery supplier CALB Co., Ltd. ("CALB") and Zhongcheng Dayou Industry Group Co., Ltd. ("Zhongcheng Dayou") signed a strategic cooperation agreement in Shenzhen on January 11, according to CALB's press release.

DEEPAL unveils images of G318 rugged off-road SUV

On January 11, Changan Automobile's dedicated new energy vehicle brand DEEPAL released the official images of its inaugural hardcore off-road vehicle model, officially named as the G318.

China's annual power battery installed capacity jumps 31.6% YoY in 2023

In December 2023, China's installed capacity of power batteries reached 47.9GWh, marking a year-on-year jump of 32.6% and a month-on-month growth of 6.8%, according to data by the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Audi's annual deliveries in China jump 13.5% YoY in 2023

Audi in China concluded the year of 2023 with a robust sales performance in China, with a total delivery of more than 729,042 vehicles (including the Chinese Mainland and Hong Kong), marking a year-on-year increase of 13.5%, according to a post on Audi China's WeChat account.

GWM to deploy Cerence's onboard voice interaction system onto vehicles worldwide

On January 10, Cerence, the provider of AI-powered mobility experiences, announced a collaboration with the Chinese automaker Great Wall Motor (GWM).

Dongfeng Honda's first pure electric intelligent factory nears completion

Dongfeng Honda, the Sino-Japanese joint venture between Dongfeng Motor and Honda Motor, on January 11 announced the near-completion of its first-ever pure electric intelligent factory globally.

ThunderX launches integrated cockpit & driving solution 'RazorDCX Tarkine' at CES 2024

At the ongoing CES 2024, ThunderX Auto Technology, the intelligent driving solution arm of the Chinese company ThunderSoft, introduced its centralized computing single SoC integrated smart cockpit & driving domain control solution, the RazorDCX Tarkine.