Gasgoo Daily: XPENG to begin presales for MONA M03

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.

XPENG to begin presales for MONA M03

On August 8, XPENG will kick off presales for the MONA M03 at 10:00 AM. Launched in June, the A-segment smart electric hatchback is priced under 200,000 yuan and is set to be officially released later this month.

Photo credit: XPENG

GAC Group teams with Volcano Engine

On August 7, Volcano Engine announced it had signed a strategic cooperation agreement with GAC Group. The partnership will focus on cloud services, digital marketing, smart cockpits, and overseas collaboration, leveraging each party's industry strengths.

SYNCORE, TCL join hands to build smart cockpit products

On August 2, SYNCORE and TCL’s Intelligent Automotive Solutions Division signed a strategic cooperation framework agreement. The collaboration aims to enhance chip-based cockpit technology solutions, develop consumer-grade cockpit products, and improve performance stability.

Huawei, JAC Group’s collaborative vehicle enters testing phase

On August 6, Huawei and BAIC Group's collaborative model, the STELATO S9, was officially released to the market. The next day, significant progress was reported on Huawei's partnership with another automaker, JAC Group, for their luxury brand "Zunjie" (name in Chinese pinyin).

China highlights EV charging network development in new action plan

On August 6, China's National Development and Reform Commission, National Energy Administration, and the National Data Administration jointly released the "Action Plan for Accelerating the Construction of a New Power System (2024-2027)" (hereinafter referred to as the "Action Plan"). The plan outlines specific measures in response to the rapid development of electric vehicle (EV) charging infrastructure, making the expansion of the EV charging network one of the nine key initiatives for 2024-2027.

XPENG AEROHT, HRC step up cooperation to tech R&D, volume production for flying car

On August 7, 2024, XPENG AEROHT, the flying car (eVTOL aircraft) company affiliated to XPENG, signed a deep strategic cooperation agreement with HRC, a global leading composite material solutions supplier, in Guangzhou city. Building on their existing successful partnership, the two companies aim to further advance their collaboration focusing on advanced lightweight materials, components, and airframes. This partnership will encompass both current models and future planned models, reinforcing their leadership in the low-altitude flight sector.HD map tech firm KuanDeng Technology closes B2 financing round

On August 7, AI large model data service provider KuanDeng Technology announced the completion of a nearly 100-million-yuan Series B2 financing round. This round was jointly led by Guangdong Rongtai Capital and Zhejiang Deqing Government Industrial Fund, and the funds will primarily be used to accelerate KuanDeng's large-scale expansion and product development.

Lenovo Vehicle Computing rolls off AD1 domain controller for L4 autonomous driving

On August 2, Lenovo Vehicle Computing announced its automotive-grade AD1 domain controller for the L4 autonomous driving market has rolled off the production line at its Hefei industrial base. This milestone establishes Lenovo as one of the first Tier1 automotive suppliers globally to successfully integrate the NVIDIA DRIVE Thor platform.

AMD, ThunderSoft partner to co-develop smart digital cockpit platform

On August 6, AMD and ThunderSoft officially announced their strategic partnership to co-develop a new generation of integrated digital cockpit platforms.

iMotion sets up joint venture with HSAE for integrated smart driving & cockpit solutions

On the evening of August 6, autonomous driving technology company iMotion announced the establishment of a joint venture with Shenzhen Hangsheng Electronics Co., Ltd. (HSAE) in Suzhou, Jiangsu Province. This new company aims to be a leading high-tech enterprise in China, focusing on the R&D, production, and sales of integrated driving and cabin products.

Geely Holding boasts 23% YoY jump in Jan.-Jul. 2024 auto sales

Zhejiang Geely Holding Group ("Geely Holding") announced on Tuesday that its automobile sales volume reached around 245,752 units in the seventh month of 2024, growing 10% year on year (YoY).

BMW releases images of China-made all-new X3 model with extended wheelbase

BMW recently released images of the China-made all-new BMW X3 model. The new vehicle maintains consistency with its international counterpart but features an extended wheelbase. This marks the first time the BMW X3 has undergone a wheelbase extension after local production, bringing it to 2,975mm. The new X3 model is expected to make its debut at the Chengdu Motor Show 2024 on August 30.

BYD Yuan UP BEV model hits Chilean market

Recently, the BYD Yuan UP (locally named BYD YUAN PRO) officially hit the Chilean market in Santiago, the capital of Chile, at Farellones snow mountain. This marks the ninth model introduced by BYD into this country, further expanding its local vehicle lineup.