Gasgoo Daily: XPENG's new brand MONA releases first Weibo post

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.

XPENG's new brand MONA releases first Weibo post

On June 7th, the official Weibo account for XPENG's new brand, MONA, began updates. The first post introduced the meaning behind the name MONA, which stands for "Made Of New AI." Previously, XPENG revealed that the MONA brand is expected to be officially launched in June this year, with its first model set to hit the market in the third quarter of this year.

Photo credit: MONA

All-new Buick Envision Plus goes on sale

SAIC-GM Buick announced today the new-generation Buick Envision Plus has already gone on sale. The new model is available in three trim levels, priced between 229,900 yuan and 259,900 yuan.

Gotion High-tech, Spain's Phi4Tech form comprehensive partnership

Recently, Gotion High-tech signed a cooperation agreement with Spain's Phi4Tech Technology Group and Unicorn RE Investment Group. The three parties will explore new cooperation models in Spain, focusing on energy storage and new material development.

GAC Energy, NIO Energy forge partnership to share EV charging network

On June 7, GAC Energy Technology Co., Ltd. ("GAC Energy") and Wuhan NIO Energy Co., Ltd. ("NIO Energy") officially established a partnership for the interconnection of their electric vehicle (EV) charging networks.

NIO's Q1 2024 revenue drops YoY, but gross profit surges YoY

NIO Inc. ("NIO"), a leading company in the premium smart electric vehicle market, has released its unaudited financial results for the first quarter ending March 31, 2024 (Q1 2024).

Neusoft secures 2.1 billion-yuan deal from Chinese automaker for navigation solution

Chinese software supplier Neusoft has been chosen by a leading domestic automaker to provide OneCoreGo® 5.0 navigation products and EHP electronic horizon software for over ten vehicle models aimed at global markets, the company announced on June 6.

GAC Group, Changan Automobile sign strategic cooperation framework agreement

On June 6, GAC Group and Changan Automobile signed a strategic cooperation framework agreement in Chongqing, marking a pioneering collaboration between a central state-owned enterprise (SOE) and a local SOE in China's automotive industry.

Hyper GT Global Edition hits market, featuring HD map-free smart driving system

On June 6th, the Hyper GT Global Edition, a new model under GAC AION's premium brand Hyper, officially hit the market, introducing three models priced between 203,900 yuan and 259,900 yuan. Notably, the new vehicle features the innovative "HD Map-free Global Communication" intelligent driving system, which operates without the need for high-precision maps.

Polestar announces interoperability with NIO's EV charging network

On June 6, Polestar officially announced its comprehensive integration with NIO's electric vehicle (EV) charging network.