Gasgoo Daily: BYD rolls off 1 millionth Song PLUS series vehicle

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.

BYD rolls off 1 millionth Song PLUS series vehicle

On July 29, BYD announced the 1 millionth new energy vehicle (NEV) of its Song PLUS series has rolled off the production line.

Photo credit: BYD

Tuopu Group boasts 33.47% YoY jump in H1 2024 revenue

Chinese auto parts supplier Ningbo Tuopu Group recently announced that its revenue reached around 12.227 billion yuan in the first half of 2024, leaping 33.47% over a year ago. During this period, its net profit attributable to shareholders jumped 32.69% year on year to roughly 1.452 billion yuan.

Chery Auto releases images of 2025 Tiggo 8 PLUS

Chery Auto recently released the images of the 2025 Tiggo 8 PLUS, which is the model’s mid-cycle refresh. The exterior and front and rear lighting assemblies have been redesigned, giving the vehicle a fresh look. Compared to its predecessor, the new Tiggo 8 PLUS features a longer and lower body. The side profile is highlighted by the use of hidden door handles, adding to the vehicle's sleek appearance.

WeRide files for IPO on NASDAQ

On July 26, Chinese autonomous driving solution provider WeRide officially submitted its IPO application to the U.S. Securities and Exchange Commission (SEC), planning to be listed on NASDAQ under the ticker symbol "WRD."

Geely-associated DreamSmart to launch first car model by year-end

On July 26, during the ChinaJoy 2024 convention, Liao Qinghong, COO of Geely-associated DreamSmart Group (previously known as Xingji Meizu), announced that the company's first car will be launched and delivered to consumers by the end of this year.

GAC AION accelerates Indonesian market expansion with first vehicle shipment

Following the inauguration of its Thai factory on July 17, GAC AION has accelerated its progress in the Indonesian market. On July 26, the first batch of 500 AION Y Plus vehicles destined for Indonesia was loaded and shipped from the Port of Xinsha, Guangzhou, according to a post on the carmaker's WeChat account.

SERES to invest in Huawei's automotive intelligent driving systems, components subsidiary

On July 28, SERES, the automaker behind the smart new energy vehicle brand AITO, announced its intention to invest in Shenzhen Yinwang Intelligent Technology Co., Ltd. ("Shenzhen Yinwang"), which is a wholly-owned automotive intelligent driving systems and components subsidiary of Huawei Technologies Co., Ltd.

Black Sesame Technologies' computing solution deployed in smart roadside infrastructures

Recently, smart computing solution developer Black Sesame Technologies participated in the launch of an autonomous driving freight logistics corridor across Beijing, Tianjin, and Hebei regions.

Dongfeng Motor enters Azerbaijani market with VOYAH, MHERO brands

Chinese automaker Dongfeng Motor recently held a grand brand launch event on the Caspian Sea coast, announcing the official entry of its VOYAH premium new energy vehicle brand and MHERO, the electric off-roader brand, into the Azerbaijani market. This marks a significant expansion of Dongfeng's presence in the Eurasian market.

Li Auto's 700th supercharging station comes online

On July 28, Li Auto inaugurated its 700th supercharging station, marking a rapid expansion from the 600th to the 700th station within just 28 days, according to a post on its WeChat account.

China's passenger vehicle retail sales likely to edge down both YoY, MoM

As the trade-in policy gains momentum and luxury brands announce an end to the price war, consumer hesitation in China's automobile market is beginning to ease. The gradual release of previously suppressed demand, coupled with significant terminal discounts, is expected to lead to a slight seasonal decline in the July auto market. However, year-on-year declines in end-user sales are likely to narrow, indicating a trend of "a slack season not being slack."

XPENG announces foray into Singaporean market with pop-up store opened

On July 25, Chinese electric vehicle maker XPENG officially entered the Singaporean market with a pop-up store opened at the UOB Plaza in the heart of Singapore's Central Business District, according to a post on XPENG's WeChat account.