Industry dynamics

ZXZC Daily: IM Motors receives up to 6,000 orders for LS6 model within 48 hours since market launch

Publishtime:2019/08/16 Views:32

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.

IM Motors receives up to 6,000 orders for LS6 model within 48 hours since market launch

Within a mere 48 hours upon the market launch, IM Motors managed to secure over 6,000 orders for the LS6 model, according to the co-CEO of IM Motors, Liu Tao, who revealed the news on his personal social media platform. In response to the enthusiastic demand from consumers, IM Motors has adjusted its factory production schedules to implement a two-shift operation.

ZXZC Daily: IM Motors receives up to 6,000 orders for LS6 model within 48 hours since market launch

IM LS6; photo credit: IM Motors

Geely unveils images of Galaxy E8 all-electric sedan

Galaxy, a new energy vehicle range under Geely Auto, recently released images of its pure electric sedan, the Galaxy E8. This vehicle represents the inaugural model of Geely Galaxy's "smart pure electric E-series," built on Geely's SEA (Sustainable Experience Architecture). Deliveries for the Galaxy E8 are set to commence within the year 2023.

ZXZC Daily: IM Motors receives up to 6,000 orders for LS6 model within 48 hours since market launch

Galaxy E8; photo credit: Geely Galaxy

Ultrasonic radar sensor supplier Youhang Technology closes Pre-A round of financing

Zhuhai Youhang Technology Co., Ltd. ("Youhang Technology"), a Chinese ultrasonic radar sensor supplier, recently announced it had successfully completed a multi-million dollar pre-series A financing round led by South China Venture Capital. The funds raised in this round will primarily be allocated to projects including the automotive-grade validation, testing, and volume production of the AK2 ultrasonic sensor chips, the production capacity expansion for ultrasonic detection units, as well as R&D of in-vehicle micro-collision sensor chips.

Beijing grants first autonomous driving road test license to large-size public bus

In a significant leap forward for autonomous driving in public transportation, Beijing Public Transport Corporation, along with Yizhuang’s operating company, Foton AUV, and QCraft, secured an intelligent connected vehicle road test permit from the Beijing High-level Automated Driving Demonstration Area (BJHAD).

Baidu's ERNIE Large Model 4.0 gives AI boost to Baidu Maps, autonomous driving tech

On October 17, during Baidu World 2023, CEO Robin Li unveiled the latest iteration of the ERNIE Large Model, the 4.0 version, and introduced over ten new AI-native applications, including enhanced search capabilities and a new mapping system.

Windrose Technology, Goodman Group ally on development of fast-charging facilities for new energy heavy-duty trucks

Global industrial property group, Goodman Group, announced on October 16 a partnership with the Chinese new energy heavy-duty truck developer, Windrose Technology. Together, they will combine their expertise in technology and sustainable development to establish fast-charging infrastructures for new energy heavy-duty trucks within Goodman's properties.

BYD-backed DENZA delivers 100,000th DENZA D9 MPV

DENZA, the premium auto brand majority-owned by BYD, recently announced the completion of the cumulative deliveries of 100,000 DENZA D9 MPVs. According to a post issued by Zhao Changjiang, DENZA's Sales Division General Manager, on October 16 via his Weibo account, the key of the 100,000th D9 was handed over to Mr. Cao Hui, Vice Chairman of Fuyao Group.

Chinese, Thai companies collaborate to launch autonomous driving project for mining business

On October 15, a consortium of Chinese and Thai companies inked a cooperation agreement to bring a groundbreaking 5G+ autonomous driving project to Thailand's mining industry.

Leapmotor boasts 31.9% YoY jump in Q3 2023 revenue

During Q3 2023, Leapmotor achieved revenue of 5,655.5 million yuan, marking a substantial 31.9% surge compared to the 4,287.8 million yuan achieved in the same period of 2022. Additionally, this also represents a 29.4% jump from the previous quarter.