Gasgoo Daily: ZEEKR 001 FR supercar to hit market in late October

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.

ZEEKR 001 FR supercar to hit market in late October

ZEEKR, the premium electric vehicle brand under Geely Auto, is set to put its high-performance model, the ZEEKR 001 FR, onto the market on October 27. The model, positioned as a million-yuan-level supercar, boasts an impressive maximum horsepower of 1,265PS.

ZEEKR 001 FR; photo credit: ZEEKR

NETA Auto is in no rush for IPO: NETA Auto's CEO

Zhang Yong, the CEO of NETA Auto, revealed this week that NETA Auto secured 10 billion yuan in funding last year and has also raised billions of yuan this year. Currently, the company has over 10 billion yuan in its coffers and is not in a hurry to pursue an IPO. Zhang remarked, "Given the less-than-ideal market conditions, going public doesn't make much sense at the moment."

Shanghai issues policy for infrastructure development for intelligent connected cars

The Shanghai Municipal People's Government recently released the "Action Plan for Further Advancing New Infrastructure Construction in Shanghai (2023-2026)." Notably, it outlines the development of supporting infrastructures for intelligent cars. This initiative involves enhancing the layout of autonomous driving testing scenarios, expediting the intelligent upgrading of existing open testing areas, including traffic signal systems, and accelerating the development of vehicle-road cooperative systems. Furthermore, the plan entails establishing an innovation platform for smart automotive development to optimize intelligent traffic operations and other related applications.

NETA Auto introduces 'Yunhe' platform, puts NETA X compact SUV onto market

On October 18, the NETA X, a fire new compact SUV model under Chinese new energy vehicle maker NETA Auto, hit the market with four trim levels offers, featuring a price range of 126,800 yuan to 146,800 yuan.

DiDi allies with BYD, Brazilian companies to promote Chinese EV adoption in Brazil

During the "Belt and Road CEO Conference” from October 17 to 18, Didi Chuxing ("DiDi"), in collaboration with BYD's Brazilian subsidiary, Dahruj (a Brazilian car rental company), and IturanMob (a Brazilian fleet management service provider) signed an agreement to promote the international deployment of China-made electric vehicles (EVs) in Brazil.

ECARX's subsidiary collaborates with Geely-backed GYMD to build smart factory

On October 18, the subsidiary of Geely-backed automotive intelligence solution provider ECARX, known as JiKa Automotive Electronics (XunKa Technology), signed a strategic cooperation framework agreement with another Geely-backed industrial digitalization company, GYMD Digital Technology Co., Ltd. (GYMD).

Changan Automobile to build new energy vehicle factory in Thailand

At the "Belt and Road CEO Conference" on October 17, Chinese automaker Changan Automobile signed an agreent with the Thailand Board of Investment to invest 8.8 billion Thai Baht (approximately 1.77 billion yuan) in the construction of a new energy vehicle production factory in Thailand.

BYD announces foray into Hungarian passenger vehicle market

On October 17, BYD made a significant announcement as it officially entered the passenger car market in Hungary, with three all-electric car models for the first time showcased in the country - the BYD ATTO 3 (Yuan PLUS), the DOLPHIN, and the SEAL.

Brose Sitech begins operation at factory in China's Anhui province

After six months of meticulous planning and construction, Brose Sitech's Anhui factory held its inauguration ceremony on October 18, marking the official commencement of operations, according to a post on Brose's WeChat account.

Great Wall Motor's WEY puts premium MPV model Gaoshan onto market

Great Wall Motor's WEY brand officially put its inaugural MPV model, the WEY Gaoshan, onto the market on October 18.