Gasgoo Daily: SAIC's MG to establish Latin America hub in Mexico
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's MG to establish Latin America hub in Mexico
On August 7, SAIC Motor's MG announced plans to set up a Latin American hub in Mexico, including a car factory and an R&D center. MG Mexico head Zhang Wei stated that the hub will produce vehicles locally and generate market intelligence for the region. Additionally, SAIC Motor plans to introduce its high-end IM Motors brand to the Mexican market.
Cyberster; photo credit: MG
Ankai Bus sees 62.09% YoY surge in Jan.-Jul. sales
Ankai Bus reported that its production volume in July 2024 reached 388 units and sales totaled 450 units. In the first seven months of this year, Ankai Bus’ cumulative sales grew 62.09% year on year.
Huawei-powered new VOYAH DREAM to debut on Aug. 15
The new VOYAH DREAM MPV, co-developed with Huawei, will debut on August 15. It is expected to feature VOYAH’s latest Lanhai PHEV hybrid system, along with Huawei's intelligent driving and smart cockpit technologies.
Recently, Elektrobit announced a collaboration with Chinese new energy vehicle maker NETA Auto and Hirain Technologies (HIRAIN) to develop NETA Auto's first integrated gateway domain controller project, the Haozhi Supercomputer XPC-S32G platform. This project is tailored for NETA Auto’s new models, set for launch in the second half of 2024.
Black Sesame Technologies goes public on Hong Kong Stock Exchange
On August 8, Black Sesame Technologies officially went public on the main board of the Hong Kong Stock Exchange, under the stock code 02533.HK, becoming the first Chinese autonomous driving chip company to do so.
ARCFOX’s KAOLA S hits market, starting at 109,800 yuan
On August 7, BAIC Group’s premium electric vehicle brand ARCFOX put the KAOLA S model onto the market. The new model comes in two variants, the KAOLA S AIR at 109,800 yuan and the KAOLA S PRO at 119,800 yuan.
Recently, GAC Group and Volcano Engine, the cloud service platform under ByteDance, held a signing ceremony for a strategic cooperation agreement, under which both parties will leverage their respective industry strengths to engage in deep collaboration across areas such as cloud services, digital marketing, intelligent cockpits, and overseas coordination, according to a post on GAC Group's WeChat account.
BYD’s first dealership in Poland opens for business
On August 6, BYD, the world's leading new energy vehicle (NEV) manufacturer, officially opened its first dealership in Poland. The opening ceremony took place in Warsaw, marking a significant milestone for BYD's expansion into the Polish market.
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