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.

EVE Energy already starts construction of factory in Hungary

Chinese battery maker EVE Energy has already begun the construction of its battery factory in Debrecen, Hungary, which involves a planned investment of 1 billion yuan, Liu Jincheng, Chairman of EVE Energy, revealed on Nov. 28 at the 8th International Summit on Power Battery Application.

Photo credit: EVE Energy

New Lexus LS hit Chinese market

The 2024 Lexus LS recently went on sale in China. Positioned as a large-sized luxury sedan, the new model comes with four trim levels, which are priced between 885,000 yuan and 1.2 million yuan.

2024 Lexus LS; photo credit: Lexus China

Geely puts 2024 Haoyue L model onto market

On Nov. 24, the 2024 Geely Haoyue L officially hit the market with its three variants priced between 127,900 yuan and 147,900 yuan. While the overall pricing remains unchanged, the new model has undergone a series of upgrades, including enhancements to the central large-sized screen, infotainment system, and interior color schemes.

2024 Geely Haoyue L; photo credit: Geely Auto

BAK Battery, Electroder join hands to propel innovation in battery technologies

Chinese power battery supplier Shenzhen BAK Power Battery Co., Ltd. ("BAK Battery") recently sealed a strategic collaboration agreement with Electroder Ltd., a Chinese intelligent design-manufacturing-operation solutions provider for new energy conversion devices, according to a post on BAK Battery's WeChat account.

The newly-forged partnership aims to leverage BAK Battery's expertise in battery manufacturing and Electroder's cutting-edge advancements in intelligent tools for battery R&D, jointly propelling innovation in battery technologies.

XPeng's latest OTA enables launch of map-free driver assistance capability in 20 additional cities

On November 28, Chinese new energy vehicle maker XPeng announced the full-scale launch of its newest OTA (over-the-air) upgrade, the Xmart OS 4.4.0, which brings map-free intelligent navigation assistance to 20 additional cities.

First China-made Kia EV5 all-electric SUV rolls off assembly line

On November 28, Kia China's Chief Operating Officer, Yang Honghai, shared on his Weibo account that the first China-made Kia EV5 smart all-electric SUV rolled off the production line at the manufacturing plant in Yancheng city, Jiangsu province, with the model's global sales commencing at the same time.

NIO, Geely join hands to develop battery swapping-related businesses

On November 29, Zhejiang Geely Holding Group ("Geely Holding") and NIO Holding Ltd. ("NIO") signed a strategic cooperation agreement on battery swapping. The collaboration encompasses a broad spectrum, including battery standards, battery swapping technology, construction and operation of power swap service network, R&D and customization of battery-swap-enabled vehicle models, and battery asset management and operation.

EVE Energy, Electrum, GWKC to cooperate in electric motorcycle battery system, battery-swap operation areas

On November 22, the signing ceremony of the tripartite cooperation agreement between EVE Energy Co., Ltd. ("EVE Energy"), PT Energi Kreasi Bersama ("Electrum"), and Shenzhen Guowei Kechuang New Energy Technology Co., Ltd. ("GWKC") was successfully held.

In line with the collaboration plan, the three parties will leverage their respective strengths, share resources, and collaborate closely to actively expand their presence in the Southeast Asian region. Focusing on electric motorcycle battery systems and battery-swapping operations, they aim to enhance product quality, strengthen service capabilities, improve operational efficiency, and collectively establish a competitive advantage in the market for mutual benefit.

FAW Jiefang, Faurecia Hydrogen, Air Liquide intend to co-boost hydrogen applications in transport domain

On November 28, Chinese commercial vehicle maker FAW Jiefang, Faurecia (Shanghai) Hydrogen Investment Co., Ltd. ("Faurecia Hydrogen"), and Air Liquide (China) Investment Co., Ltd. ("Air Liquide") inked a comprehensive hydrogen energy strategic cooperation framework in Changchun city, signifying their crucial step toward exploring the vast potential of liquid hydrogen technology.

Huawei invites SERES, Chery, JAC, BAIC to join new automotive venture

At the recent Luxeed S7 and Huawei's Full-Scene New Product Launch on November 28, Yu Chengdong, CEO of the Consumer BG, Chairman of the Intelligent Automotive Solution Business Unit (IAS BU), stated Huawei's intention for its car BU to operate independently.

Huawei's Harmony Intelligent Mobility Alliance officially launches Luxeed S7 electric sedan

On November 28, the inaugural sedan of Huawei’s Harmony Intelligent Mobility Alliance (HIMA), the Luxeed S7, was officially launched.

Positioned as a spacious and intelligent electric sedan, the Luxeed S7 boasts a new OneBox design philosophy, embodying high-end style and an immersive spatial experience. Featuring the groundbreaking DriveONE 800V silicon carbide high-voltage powertrain and Huawei's Tuling Intelligent Chassis, it seamlessly integrates extreme power and intelligent driving control. The debut of the HarmonyOS 4 intelligent cockpit, complemented by the HUAWEI ADS 2.0 advanced intelligent driving system, promises consumers an entirely new smart travel experience.