Gasgoo Daily: BYD Sealion 07 EV hits market in Hungary

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 Sealion 07 EV hits market in Hungary 

On February 5, BYD announced the official market launch of the Sealion 07 EV model in Hungary. The all-electric SUV aims to meet diverse consumer needs in the local market. 

Photo credit: BYD

BAIC BluePark posts 383.85% YoY surge in Jan. 2025 auto sales

On February 4, BAIC BluePark, the parent company of BAIC BJEV, reported total vehicle sales of 7,219 units in January 2025, marking a 383.85% year-on-year soar, demonstrating its strong growth momentum. 

SAIC Volkswagen Teramont Pro to debut with 5th-gen EA888 engine

On February 5, Volkswagen introduced its new fifth-generation EA888 engine, announcing that it will debut on SAIC Volkswagen's Teramont Pro model, which is expected to hit the market in March this year.

Geely announces deep integration of in-house developed Xingrui, DeepSeek R1 AI large models

On February 6, Geely Auto announced the in-depth integration of its self-developed Xingrui AI large model with the DeepSeek R1 large model—a first-of-its-kind collaboration in the automotive industry.

XPENG introduces zero interest, up to 5-year zero down payment policy to boost car sales

On February 5, Chinese smart electric vehicle company XPENG announced a new car purchase policy, which offers customers a zero-down payment and five-year zero-interest option with subsidies of up to 57,000 yuan per car. 

FAW-Volkswagen's retail sales reach 140,400 vehicles in Jan. 2025

On February 1, FAW-Volkswagen released its first monthly sales result for 2025, revealing that the company retailed a total of 140,400 vehicles (including imported Audi vehicles) in January across its Volkswagen, Audi, and JETTA brands. Of them, the Audi brand achieved year-over-year growth in retail sales. 

Geely Technology Group, Honbridge Holdings ink deal for bauxite transaction

On January 27, Honbridge Holdings announced that it has signed a bauxite procurement framework agreement with Geely Technology Group, a company affiliated to Zhejiang Geely Holding Group. Under the agreement, Honbridge Holdings plans to procure bauxite and relevant products from Geely Technology Group.

NIO's 3,100th battery swapping station in China goes live

On January 27, NIO announced the launch of its 3,100th battery swapping station in China, which is located in Sichuan province.

Chinese mobile robotics brand VMR launches new smart vehicle charging robot

On February 5, 2025, Chinese 3D vision mobile robotics brand VMR officially launched its new automotive smart charging robot. Integrating multi-dimensional sensing, autonomous localization, path planning, dynamic decision-making, and self-learning capabilities, the robot is designed to address key challenges in new energy vehicle (NEV) charging infrastructure field and deliver a more convenient, efficient charging experience for car owners.

BYD to launch intelligence strategy on Feb. 10

On February 6, BYD announced that it will hold a launch event regarding its development strategy in the intelligence field at 19:30 on February 10 at its headquarters in Shenzhen city, where the company will showcase its advanced intelligent driving system, "Gods’s Eye." The event aims to lower the barriers to adopting smart driving through technological innovation and to promote a widespread intelligent driving experience.

Changan Automobile posts 1.66% YoY dip in Jan. 2025 sales

Chinese automaker Chongqing Changan Automobile Co., Ltd. ("Changan Automobile") reported on February 5 its monthly sales performance in the first month of 2025. In January, the automaker sold 275,700 vehicles in total, representing a slight 1.66% dip year-on-year.

Hesai, Embotech, Outsight team up to enhance BMW's smart factory automation

LiDAR maker Hesai Technology on Feb. 5 announced its recent strategic partnerships with Swiss autonomous driving solutions provider Embotech AG and French spatial intelligence software developer Outsight. The collaboration aims to integrate Hesai's high-performance LiDAR with Outsight's advanced perception software to enhance Embotech's Automated Vehicle Management (AVM) system, which is currently deployed in BMW's smart factories in Germany for Automated Driving In-Plant. 

Tesla offers limited-time 8000-yuan insurance subsidy on Model 3 in China

On February 5, Tesla announced via its official Weibo account a limited-time insurance subsidy of 8,000 yuan for all locally-made Model 3 variants in China, available until February 28. The promotion also includes a five-year zero-interest financing option. 

Xiaomi EV's monthly deliveries top 20,000 units for 4th month in a row by Jan. 2025

Xiaomi EV delivered over 20,000 units of the SU7 model in January 2025, the fourth month in a row for the model to surpass this delivery mark, according to a post on Xiaomi EV's WeChat account.

Geely rolls off 100,000th unit of Galaxy E5 all-electric SUV

On January 29, at Geely Auto's Guizhou manufacturing facility, the world's 100,000th Geely Galaxy E5 vehicle rolled off the production line, according to a video released by Zhejiang Geely Holding Group.

Beijing announces 2025 passenger vehicle quota with expanded new energy vehicle allocations

On January 26, Beijing city's authority unveiled its 2025 passenger vehicle quota allocation and configuration ratios, according to a post on the Beijing Municipal Commission of Transport's official WeChat account. The total quota for 2025 is set at 100,000 units—comprising 20,000 ordinary passenger vehicle permits and 80,000 new energy passenger vehicle permits.

SAIC-GM-Wuling boasts 58.9% YoY surge in Jan. 2025 new energy vehicle sales

On February 6, SAIC-GM-Wuling ("SGMW") released its January 2025 sales data, reporting a global total of 106,818 vehicles—an 18.2% increase year-on-year. Notably, new energy vehicle (NEV) sales surged to 55,413 units, up 58.9% from the previous year, underscoring the company's strong momentum in the NEV sector.