Gasgoo Daily: LiDAR maker Seyond plans SPAC merger for Hong Kong listing

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.

LiDAR maker Seyond plans SPAC merger for Hong Kong listing

On December 20, TechStar, a Hong Kong SPAC, announced a merger agreement with LiDAR solution provider Seyond Holdings Ltd. and Merger Sub. The deal will enable Seyond to achieve a backdoor listing on the Hong Kong Stock Exchange. 

LG Energy Solution establishes China headquarters in Nanjing city 

At the 2024 World Intelligent Manufacturing Conference on December 22, LG Energy Solution announced it will settle its China headquarters in the Nanjing Economic and Technological Development Zone. The headquarters will oversee LG Energy Solution's Chinese subsidiaries and focus on R&D, supply chain management, and upstream-downstream investments. 

CATL partners with Xiamen Road & Bridge Construction Group 

On December 18, CATL signed a strategic agreement with Xiamen Road & Bridge Construction Group to collaborate in electrification solution field. The duo will work together on heavy-duty truck battery operations, battery charging and swapping services, energy storage, and battery financial services.

Photo credit: CATL

Shaanxi Automobile delivers 10,000th new energy heavy-duty truck to KargoBot

Autonomous trucking solution developer KargoBot announced that on December 18, Shaanxi Automobile delivered the 10,000th new energy heavy-duty truck to the company. The truck is equipped with L4 autonomous driving technology.

Cumulative deliveries of ZEEKR 001 model surpass 250,000 units

ZEEKR, the premium electric vehicle maker under Geely Holding, announced on December 22 that its ZEEKR 001 model has surpassed 250,000 units in cumulative deliveries.

Li Auto launches trial operation of supercharging station overtime occupancy charges

On December 21, Li Auto announced the start of a trial operation for its supercharging station occupancy fee program. Effective immediately, users who charge their vehicles at Li Auto's supercharging stations will incur a fee for exceeding the designated charging time limit. The fee is set at 2 yuan per minute, with a cap of 200 yuan per single session. The charge applies if the charging cable is not returned to the charging pile within 15 minutes after charging is completed.

XPENG opens first automobile store in Australia

On December 21, XPENG announced the grand opening of its first automobile store in Australia. The store features the XPENG G6 model and the company's flying car as its centerpiece exhibits.

XPENG: EVE Energy adds multiple battery cell production lines for XPENG P7+ model

EVE Energy provided three battery cell production lines for the XPENG P7+ model at its market launch, as reported by an automobile blogger on December 20 via Sina Weibo, a Chinese social media platform akin to Twitter. Due to the model's higher-than-expected sales performance, the company quickly added the fourth production line within one month of the car's release, with plans to add two more lines next month to fully support P7+ production and delivery.

NIO launches third brand 'FIREFLY', first model to hit market in April 2025

On the evening of December 21, NIO officially launched its third brand, FIREFLY, at the 2024 NIO Day event. The debut model, sharing the same name as the brand, was announced with a pre-sale price of 148,800 yuan and is set to hit the market in April 2025.

XPENG achieves milestone with 10,000th BEV delivered in Europe

Chinese new energy vehicle maker XPENG recently celebrated the delivery of its 10,000th vehicle in Europe, reaching the achievement at Ebersberg, Germany, according to the company's announcement on December 23. This makes XPENG the first Chinese battery-electric vehicle (BEV) startup to achieve this delivery milestone in the European market. 

Dongfeng Nissan ships 500 Venucia electric taxis to Myanmar

On December 17, the first batch of Venucia-branded electric taxis was successfully shipped to Myanmar, marking the launch of the country's government taxi procurement program, according to Dongfeng Nissan's recent WeChat post.

Changan Automobile allies with EHang to develop flying cars

On December 21, 2024, urban air mobility (UAM) solution developer EHang announced a strategic partnership with Changan Automobile. The collaboration focuses on the R&D, manufacturing, sales, and operations of flying cars, including eVTOL (electric vertical take-off and landing) aircraft and amphibious air-land vehicles. 

Lynk & Co Z20 all-electric SUV hits market with limited-time starting price of 135,900 yuan

On December 22, 2024, Lynk & Co officially released its first pure electric SUV, the Lynk & Co Z20, onto the market. The vehicle comes with a limited-time starting price of 135,900 yuan and offers three variants. It is now available for purchase at 364 Lynk & Co stores across 201 cities in China, with deliveries commenced.