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.
smart #5 kicks off nationwide delivery in China
On November 20, smart held a delivery ceremony for the all-new smart #5 large luxury five-seater SUV at its global inspiration customization center in Huzhou, Zhejiang Province.
Delta Aluminum, Honda’s CHAM starts mass production of direct molten aluminum
Delta Aluminum, a subsidiary of Delta Group, has officially commenced production for its direct molten aluminum supply project with Honda Auto Parts Manufacturing Co., Ltd. (“CHAM”). CHAM is Honda’s first wholly-owned subsidiary in China, supplying components to GAC Honda and Dongfeng Honda.
ORITEK closes B1 funding round
On November 20, ORITEK, a provider of AI SoC chips and solutions for automotive intelligence, announced the completion of its Series B1 funding round, which raised for the company hundreds of millions of yuan.
LEADRIVE starts operation of Wuhu factory
On November 20, LEADRIVE Technology (Wuhu) Co., Ltd. (LEADRIVE) officially began production at its new NEV (new energy vehicle) electric motor controller facility in the Fanchang Economic Development Zone in Wuhu city, Anhui Province, according to a post on the company’s WeChat account.
Geely puts Cowboy SUV model onto market
On November 20th, Geely officially put its fire new SUV model, the Geely Cowboy (named “Niu Zai” in Chinese), onto the market, offering two variants with a price range from 9.39 million yuan to 9.99 million yuan, but with a limited-time offer starting at 8.99 million yuan.
Dongfeng Motor delivers first-batch vehicles to Peru
On November 16, 305 Dongfeng Motor vehicles arrived at Peru’s Port of Chancay, the first shipment of an 800-unit order from a local partner. These vehicles will soon be distributed across Peru to meet the country’s growing demands for quality mobility and logistics solutions.
DEEPAL S05 nabs 21,730 units of orders in first month on market
On the evening of November 20, Changan Automobile’s new energy vehicle brand DEEPAL announced that its S05 model secured 21,730 units of orders in its first month on the market.
Dongfeng Motor’s MHERO I makes debut in Dubai
On the evening of November 18, UAE time, Dongfeng Motor’s luxury electric off-road brand, MHERO, hosted a launch event in Dubai to unveil its flagship model, the MHERO I (also known as the MHERO 917).
WeRide’s RoboSweepers enter commercial operations in Singapore
On November 20, autonomous driving solution provider WeRide announced the official commercial deployment of its autonomous sanitation vehicles (RoboSweeper), the S6 and S1, in Singapore.
GAC International announces foray into Guatemalan market
From November 7 to 17, 2024, the Autoferia Cofiño 2024 was held at Forum Majadas in Guatemala. GAC International, the global business arm of GAC Group, made a debut at the event, showcasing multiple car models and officially announcing its entry into the Guatemalan market.
NIO officially names third brand ‘firefly’
On November 20, Chinese leading smart electric vehicle maker NIO officially announced the name of its third brand, “firefly”, with its first vehicle sharing the same name.
SGMW, CATL to co-launch battery-swappable vehicle model in 2025
On November 18, SAIC-GM-Wuling (“SGMW”)’s Red Label division officially launched its new energy vehicle (NEV) strategy, introducing several commercial NEV models, including the Wuling Hongguang REEV (range-extended electric vehicle), Wuling Hongguang BEV (battery electric vehicle), and Wuling Sunshine EV.
NIO’s revenue in Q3 2024 drops YoY, but rises QoQ
NIO Inc. (NIO), a Chinese leading smart electric vehicle (EV) maker, has announced its unaudited financial results for the third quarter (Q3) of 2024, reflecting steady progress in vehicle deliveries and revenue growth despite an overall net loss.
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