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Gasgoo Daily: XPENG aims to achieve breakeven by late 2025
Gasgoo Daily: XPENG aims to achieve breakeven by late 2025

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.

Nov. 20 , 2024
Magna bags first order for DHD Duo hybrid drive system from leading Chinese automaker
Magna bags first order for DHD Duo hybrid drive system from leading Chinese automaker

On November 19, Magna announced it has received the first order for the DHD Duo dedicated hybrid drive system from a major Chinese automaker.

Nov. 20 , 2024
ThunderSoft, HERE Technologies team up to advance intelligent navigation solutions
ThunderSoft, HERE Technologies team up to advance intelligent navigation solutions

On November 14, 2024, ThunderSoft, a global provider of OS and intelligent device solutions, announced a strategic partnership with HERE Technologies, a leading location data and technology platform.

Nov. 20 , 2024
BYD signs agreement for building Phase IV facility of industrial park in Shenshan Special Cooperation Zone
BYD signs agreement for building Phase IV facility of industrial park in Shenshan Special Cooperation Zone

This development signifies a further boost to BYD's investment in the city.

Nov. 20 , 2024
GAC Group inaugurates new showroom, launches 6 key car models in Oman
GAC Group inaugurates new showroom, launches 6 key car models in Oman

On November 14, GAC Group officially celebrated the grand opening of its new showroom in Muscat, the capital of Oman, marking a significant milestone in its expansion within the Middle East.

Nov. 20 , 2024
XPENG reports YoY, QoQ growth in Q3 2024 revenue, gross margin
XPENG reports YoY, QoQ growth in Q3 2024 revenue, gross margin

The company reported total revenues of 10.10 billion yuan (US$1.44 billion) for Q3 2024, marking an 18.4% increase from the same period last year and a 24.5% rise from the second quarter of 2024.

Nov. 20 , 2024