Gasgoo Daily: NETA Auto partners with Bolivia’s largest dealer for South American expansion

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.

NETA Auto partners with Bolivia's largest dealer for South American expansion

On November 12, NETA Auto signed an exclusive distribution agreement with Saavedra Group, the largest automotive sales group in Bolivia. This partnership marks a significant milestone in NETA Auto's strategy to strengthen its footprint in the South American market.

Photo credit: NETA Auto

2025 Buick Century MPV hits Chinese market

On November 12, SAIC-GM put the 2025 Buick Century flagship MPV model onto the market. The new model offers four-seat, six-seat, and seven-seat options, with a total of five variants priced between 469,900 yuan and 699,900 yuan.

GAC Group to announce reform initiative for wholly-owned brands

At the upcoming Auto Guangzhou 2024 this week, GAC Group is set to unveil its reform plan for its wholly-owned brands. Additionally, the company's five major brands will debut five new models, showcasing its commitment to innovation and growth.

Dongfeng Nissan, HarmonySpace form comprehensive cooperation

On November 12, Dongfeng Nissan announced it has become the first joint-venture-owned car brand in China to form a comprehensive cooperation with HarmonySpace, Huawei's sub-brand dedicated to automotive cockpit business, aiming to co-create a smart and comfortable mobility experience.

BMW's 5 Series to integrate V2X technology starting Jan. 2025

Starting in January 2025, BMW will produce the new BMW 5 Series equipped with Vehicle-to-Everything (V2X) technology, marking BMW's first model to feature integrated V2X capabilities for vehicle-road-cloud communication, according to BMW's WeChat post on November 11.

XPENG launches industry's first crowdfunding campaign for chip upgrade

On November 11, Chinese new energy vehicle maker XPENG announced the launch of the industry's first-ever crowdfunding campaign for a chip upgrade, running from November 11 to December 12, 2024.

RoboSense's M-Core LiDAR-specific SoC gains AEC-Q100 certification

Smart LiDAR solution provider RoboSense recently announced that its fully self-developed M-Core SoC chip received AEC-Q100 automotive-grade reliability certification in October, marking it as the world's first LiDAR-specific SoC chip to achieve this standard.

UAES, Goodix Technology partner in digital car key field

On November 11, UAES and Goodix Technology formed a strategic partnership, which targets the evolving needs of in-car connectivity. The collaboration will begin with integrating Goodix's low-power Bluetooth chips into digital car key applications, aiming to deliver differentiated, innovative solutions for automakers.

Leapmotor's net loss narrows both QoQ, YoY in Q3 2024

On November 11, Zhejiang Leapmotor Technology Co., Ltd. (Leapmotor) released its financial results for the third quarter (Q3) of 2024, reporting revenue of 9.86 billion yuan, marking an 83.9% surge quarter-on-quarter and a 74.3% spike year-on-year.

Cumulative deliveries of ZEEKR 007 SUV surpasses 20,000 units in 50 days upon market launch

On November 11, ZEEKR announced that its first family-oriented SUV, the ZEEKR 7X, has surpassed 20,000-unit deliveries just 50 days after its market launch.

EHang, Enpower to co-develop electric motors, motor controllers for eVTOL aircrafts

EHang, a Chinese company focusing on urban air mobility (UAM) technology, announced on November 11 a long-term strategic partnership with Zhuhai Enpower Electric Co., Ltd. ("Enpower"), a prominent player in new energy vehicle power systems. The collaboration aims to jointly develop high-performance electric motors and motor controllers tailored for EHang's series of electric vertical take-off and landing (eVTOL) aircraft.

China's Hubei Province aims to put over 7,000 fuel cell vehicles on roads by 2027

On November 8, China's Hubei Province released its Action Plan for Accelerating the Development of the Hydrogen Industry (2024-2027), outlining ambitious targets to boost its hydrogen energy sector.

According to the plan, the province aims to establish a diversified and cost-effective green hydrogen supply system by 2027, featuring a series of green hydrogen production projects. Hubei plans to build 100 hydrogen refueling stations and achieve an annual hydrogen production capacity of 1.5 million tonnes. The province will expand pilot applications of hydrogen energy across transportation, industrial use, and energy storage and power generation. Additionally, the adoption of hydrogen fuel cell vehicles is set to surpass 7,000 units, with Hubei leading the country in the application of hydrogen-powered vessels and aircraft.