Gasgoo Daily: NETA Auto signs deal for first localization project in South Asia

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 signs deal for first localization project in South Asia

NETA Auto officially signed a contract with David Pieris Automobiles (Private) Limited to jointly conduct localized production and sales of the NETA V-II and NETA X in Sri Lanka. This marks the automaker's first localized assembly project in the South Asian region.

Photo credit: NETA Auto

Huawei's Intelligent Automotive Solution Business Unit records revenue of 4.7 billion yuan in 2023

According to the annual financial results Huawei released today, the Chinese tech giant's intelligent automotive solution business recorded annual revenues of 4.7 billion yuan in 2023, representing a year-on-year spike of 128.1%.

Li Auto's Mind GPT passes China's record filing

Li Auto announced this week that its in-house developed multimodal cognitive large model, the Mind GPT, has officially passed China’s record filing under the "Interim Measures for the Management of Generative Artificial Intelligence Services", becoming the first automobile manufacturer in the country to pass such filing.

Continental AG's new intelligent factory in Qufu city begins operation

Continental AG announced on Mar. 29 its new intelligent factory in Qufu city, Shandong province, which is operated by Road-Broad Automotive Electronics (Qufu) Co. Ltd. ("Road-Broad"), has already gone into operation.

Geely's Farizon Auto, Meituan Youxuan to co-explore smart logistics in community delivery

On March 29th, Geely's Farizon New Energy Commercial Vehicle Group ("Farizon Auto") and Shenzhen Meituan Youxuan Technology Co., Ltd. ("Meituan Youxuan"), the community group-buying platform of Meituan, reached a strategic partnership.

Chery launches OMODA 5 Guardian Edition, starting at 109,900 yuan

Chery Auto officially launched the Guardian Edition ("Shouhu" in Chinese) of its OMODA 5 model on March 28. The new edition include two variants, the Guardian PLUS and the Guardian PRO with pre-sale prices at 109,900 yuan and 114,900 yuan, respectively.

SemiDrive, ROHM co-develop automotive SoC reference design

Chinese automotive chip developer SemiDrive and renowned global semiconductor manufacturer ROHM have jointly developed a reference design called "REF66004" for intelligent cockpits.

Changan UNI-Z PHEV goes on sale, starting at 117,900 yuan

Changan Automobile officially put its compact SUV, the UNI-Z under the UNI series, onto the market on March 28. The new vehicle is available in three different variants, with prices ranging from 117,900 yuan to 131,900 yuan.

JAC Group, Uber Brazil provide Uber drivers with purchase promotions for JAC's EV

JAC Group recently established a strategic partnership with Uber in Brazil, offering favorable purchase policies for the E-JS1 electric vehicle to Uber drivers nationwide.

BYD displays full product lineup at 45th Bangkok International Motor Show

BYD, a global frontrunner in the new energy vehicle (NEV) sector, unveiled its complete brand portfolio at the 45th Bangkok International Motor Show. This magnificent showcase underscores BYD's dedication to Thailand and the broader ASEAN market.

Geely-backed electric drive system supplier InfiMotion closes Series A financing

Chinese auto parts supplier InfiMotion Technology announced its Series A financing round had been closed on March 26. Led by China Structural Reform Fund, the fresh round raised for the company hundreds of millions of yuan.

Great Wall Motor boasts 26.12% YoY jump in 2023's annual revenue

Chinese automaker Great Wall Motor ("GWM") announced on March 28 its annual revenue amounted to 173.212 billion yuan in 2023, jumping 26.12% from the previous year.

Notably, the whole-year revenue from complete vehicle sales reached 153.279 billion yuan, accounting for 88.5% of the company's total operating income and representing a 25.75% growth year-on-year.