Gasgoo Daily: BYD projects 2024 annual sales of 50,000 electric vehicles 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.

BYD projects 2024 annual sales of 50,000 electric vehicles in Mexico

BYD expects to sell 50,000 electric vehicles in Mexico in 2024, with plans to double that number to 100,000 units in 2025, according to Jorge Vallejo, BYD Mexico's General Manager. BYD will announce the location of its first factory in Mexico by the end of this year.

Song L; photo credit: BYD

Li Auto said to establish chip R&D office in Hong Kong 

Li Auto plans to set up a chip research and development office in Hong Kong, as reported by a local media outlet on October 9. The company is currently recruiting AI chip architects.

China imports 76,000 vehicles in August: CAAM

China imported 76,000 vehicles in August 2024, representing an 8.2% month-over-month increase and a 1.6% year-over-year rise, according to data compiled by the China Association of Automobile Manufacturers from China’s General Administration of Customs.

Leapmotor's vehicle deliveries hit new high in Sept. 2024

In September 2024, Leapmotor achieved a record-breaking monthly delivery volume of 33,767 vehicles, marking a 113.7% year-on-year soar, according to the carmaker's recent announcement.

GAC Group’s Sept. 2024 vehicle sales decline YoY, but jump MoM

GAC Group announced on Wednesday that its vehicle sales volume reached 182,626 units in September 2024, falling 25.03% over the previous year, but jumping 23.24% over the previous month.

Leapmotor to debut new B10 model at Paris Motor Show 2024

On October 9, Chinese new energy vehicle maker Leapmotor announced that its B10 SUV will make its global debut at the Paris Motor Show on October 14. The B10 is the first global-oriented model from Leapmotor’s new B-series, riding on the company’s fresh B new energy vehicle platform.

ZEEKR's deliveries in Sept. 2024 leap 77% YoY, 18% MoM

ZEEKR Intelligent Technology Holding Limited ("ZEEKR" or the "company"), a Geely-owned player in premium electric mobility, announced its September 2024 delivery results, showcasing strong growth in the electric vehicle sector.

NETA Auto delivers 10,118 vehicles in Sept. 2024

On October 1, Chinese new energy vehicle maker NETA Auto announced that it delivered 10,118 vehicles in September this year. While this marks a slight decline from the 11,005 units sold in August, it also represents a 23.41% year-over-year drop compared to September 2023, when the company delivered 13,211 units.

Dongfeng Motor's light-duty trucks roll off line at KD factory in Morocco

Dongfeng Automobile Co., Ltd. (DFAC), the commercial vehicle arm of Dongfeng Motor, recently reached a significant milestone in its global expansion, with its light-duty trucks rolling off the assembly line at a Knocked Down (KD) facility in Morocco.

Horizon Robotics passes listing hearing with Hong Kong Stock Exchange

On October 8, Horizon Robotics officially passed its listing hearing with the Hong Kong Stock Exchange (HKEX), marking the final step before its initial public offering (IPO). The release of Horizon Robotics' PHIP prospectus on the HKEX website signals the company's imminent entry into the Hong Kong stock market.

BYD announces foray into Tajikistan’s passenger vehicle market

On October 4, BYD, the world's leading new energy vehicle (NEV) manufacturer, held a brand launch event at the Dushanbe Expo Center, marking its official entry into Tajikistan's passenger vehicle market.

IM Motors posts 150% YoY surge in Sept. 2024 auto sales

IM Motors, the premium electric vehicle maker co-backed by SAIC Motor, Alibaba, and Zhangjiang High-Tech, recently announced its sales figures for September 2024, reporting a total of 4,516 units sold, marking a 150% year-over-year spike.