With ZXZC 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.

Chery EXEED kicks off presale of Yaoguang C-DM PHEV model

On February 26, Chery's EXEED brand announced the official commencement of pre-sale for its plug-in hybrid electric flagship SUV, the Yaoguang C-DM. The pre-sale prices are as follows: the Long-Range Plus at 172,800 yuan, the Long-Range Pro at 182,800 yuan, the Super Long Range Pro at 202,800 yuan, and the Super Long Range Max at 222,800 yuan. The new model is set to hit the market in the first quarter this year.

Photo credit: Chery EXEED

Huawei tech-powered Trumpchi M8 Master's Xianfeng Edition hits market

On February 24, GAC Trumpchi, in collaboration with Huawei, officially put the premium MPV, the Trumpchi M8 Master Pioneer (dubbed “Xianfeng” in Chinese Pinyin) Edition, onto the market, priced at 295,800 yuan. The most significant feature of the new vehicle is the integration of Huawei's in-car system, complemented by GAC Group's in-house developed intelligent parking function.

GAC Group approved to build key laboratory for clean power, energy application technology in Guangdong Province

Recently, the project list for the construction of platform bases and the development of fundamental technology conditions in Guangdong Province for the year 2024, including the establishment of high-level scientific journals, has been released for public notice. GAC Group has been granted approval to build the province-level Key Laboratory for Clean Power and Energy Application Technology.

IM Motors debuts at Geneva International Motor Show with entire vehicle lineup

On Feb. 26, the opening day of the Geneva International Motor Show 2024, IM Motors, the premium electric vehicle brand co-backed by SAIC Motor, Alibaba Group, and Zhangjiang High-Tech, showcased its entire lineup for the first time at the prestigious event.

Baidu's Apollo Go unmanned vehicle crosses Yangtze River bridges in Wuhan

On February 27, Baidu's autonomous driving ride-hailing service platform, Apollo Go, saw its unmanned vehicle successfully traverse the Yangsigang Yangtze River Bridge and the Baishazhou Yangtze River Bridge in Wuhan city, Hubei Province.

NIO's subsidiary signs technology license agreement with Forseven

NIO Inc., a prominent player in China's premium smart electric vehicle sector, on Monday officially disclosed that its subsidiary, NIO Technology (Anhui) Co., Ltd. (the "Company"), recently inked a technology license agreement (the "Technology License Agreement") with Forseven Limited ("Forseven"), a subsidiary of CYVN Holdings L.L.C.

Hongqi releases images of first FMEs-based pure-electric sedan EH7

FAW Group's premium passenger car brand, Hongqi, recently unveiled the official images of its latest mid-to-large sedan model, the Hongqi EH7, which is also the first pure-electric sedan based on the Hongqi FMEs platform.

TANK 700 Hi4-T hits market, starting at 428,000 yuan

On February 26, Great Wall Motor's TANK brand officially put the TANK 700 Hi4-T onto the market. The vehicle comes in three variants, priced between 428,000 yuan and 700,000 yuan.

ARCFOX forays into Dominican Republic

On February 26, 2024, BAIC BluePark's premium new energy vehicle brand, ARCFOX, inked a collaborative agreement with SERTELSA SOLAR from the Dominican Republic and Qingdao T’ang Buy International Import & Export Co., Ltd.

4D millimeter-wave radar supplier Fusionride closes Pre-A funding round

On February 26, Fusionride, a Chinese smart sensor developer, officially announced that it bagged hundreds of millions of yuan in its Series Pre-A round financing.

Dongfeng AEOLUS' 2024 Yixuan model hits market, starting at 779,000 yuan

On February 26, Dongfeng AEOLUS held the launch event for its 2024 Yixuan model at the Beijing FASC Circuit, coinciding with the opening ceremony of the AEOLUS Racing Academy.

Li Auto boasts 3-digit YoY surge in 2023's Q4, full-year revenue

Li Auto Inc. ("Li Auto" or the "Company"), a prominent player in China's new electric vehicle market, released its unaudited financial results for the quarter and full year ending December 31, 2023.