Gasgoo Daily: SAIC Motor forms joint venture with Indian steel giant JSW

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.

SAIC Motor forms joint venture with Indian steel giant JSW

Local time on Wednesday, India's largest steel producer, JSW Group, announced the establishment of a joint venture with SAIC Motor, called JSW MG Motor India. The joint venture plans to launch a new product every 3 to 6 months, focusing on new energy vehicles, and aims to enter the high-end passenger car market in the future.

Photo credit: JSW Group

Geely’s RADAR brand kicks off pre-sales of all-electric pickup ‘RADAR Horizon’

On March 22, RADAR, a high-end new energy outdoors lifestyle vehicle brand under Geely Holding Group, announced via its official Weibo account the official opening of pre-sales for the RADAR Horizon model. 

Chery launches new variant of Tiggo 8 PLUS Champion Edition

Chery Auto on March 22 officially put the “Haoyue” variant of Tiggo 8 PLUS Champion Edition SUV onto the market with an official price of 126,900 yuan. Customers purchasing the new variant can enjoy a cash discount of 13,000 yuan along with an additional 4,000-yuan limited-time discount, resulting in a discounted price of 109,900 yuan.

Beijing Off-Road unveils ‘Magic Core’ electric drive super drive solution

On March 21, the "Beijing Off-Road 2024 Spring Product Launch Event" took place in Beijing. At the event, Beijing Off-Road, the sub-brand under BAIC Motor, unveiled its electric off-road solution designed for all-terrain driving - the "Magic Core” super electric drive solution, and showcased the first model equipped with this solution, the BJ30.

SemiDrive introduces latest automotive-grade MCU products

On March 21, SemiDrive announced the release of its newest automotive-grade MCU products, the E3119F8/E3118F4, targeting applications such as vehicle body domain control, domain controllers, front-view integrated systems, and LiDAR, further enhancing the layout of SemiDrive's E3 series high-performance MCU products.

BMW Group to produce Neue Klasse models in Shenyang, China in 2026

In 2023, BMW Group delivered 2,554,183 vehicles globally, marking a 6.4% increase compared to the previous year. Notably, its sales in the Chinese market saw a 4.2% year-on-year rise, with 824,932 BMW- and MINI-branded vehicles sold.

Geely’s ZEEKR releases images of fifth model ‘ZEEKR MIX’

On March 22, ZEEKR, a premium electric vehicle brand under China's Geely Auto, officially released the images of its fifth model, the ZEEKR MIX.

BYD announces foray into Greek passenger vehicle market

On March 20, BYD made a significant stride in its European expansion by launching two new models in Greece. This launch event marks BYD's official entry into the Greek passenger car market, symbolizing a new chapter in BYD's European green journey.

Volkswagen Anhui’s first mass-produced model appears in MIIT’s catalogue

Recently, China's Ministry of Industry and Information Technology ("MIIT") in China revealed a new batch of vehicles set for public release, among which Volkswagen Anhui, a joint venture between Volkswagen Group and JAC Group, made a notable appearance.