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.

Dongfeng Motor sets up representative office in Mexico

On July 9, China Dongfeng Motor Industry Import and Export Co., Ltd. officially inaugurated its Mexico representative office in the Polanco district of Mexico City. This marks a significant milestone in Dongfeng Motor's localization process and its business development in Central and South America.

SAIC AI LAB’s Robotaxi to own L4 smart driving capability by 2025

At a forum on July 12, Yu Qiankun, chief engineer of IM Motors' L4 autonomous driving project, announced that SAIC AI LAB is collaborating with IM Motors to develop the third-generation Robotaxi technology. By 2025, SAIC AI LAB’s Robotaxis will possess L4 smart driving capabilities.

Photo credit: SAIC AI LAB

SemiDrive settles global headquarters in Beijing

On July 12, SemiDrive announced the establishment of its global headquarters in the Beijing Economic and Technological Development Area, receiving a strategic investment of 1 billion yuan from local authorities. The company’s previous Beijing office has recently relocated to its new site.

BYD’s YANGWANG debuts at Goodwood Festival of Speed

On July 11, 2024, the Goodwood Festival of Speed officially kicked off. This year's festival embraces the theme: Horseless to Hybrid - Revolution in Power.

All-new FAW-VW Magotan hits market with enhanced intelligent features

On July 9, FAW-Volkswagen officially released the new-generation Magotan to the market at its Changchun plant. Entering the Chinese market for 17 years, the Magotan has undergone a comprehensive upgrade.

LinkPowerIC bags over 100 million yuan in angel, Pre-A funding rounds

Automotive communication chip and solution provider LinkPowerIC recently announced it secured over 100 million yuan in angel and Pre-A funding rounds.

INOVANCE Automotive begins volume production at Thailand factory

On July 10, 2024, Chinese new energy passenger vehicle powertrain solution provider INOVANCE Automotive hosted a ceremony to celebrate the beginning of volume production of its Thailand plant, according to a post on the supplier's official WeChat account. This milestone marks a significant breakthrough in INOVANCE Automotive's global strategy, laying a solid foundation for the company's future development while better supporting domestic clients' overseas expansion and serving local customers in Southeast Asia.

ZEEKR releases images of ZEEKR 7X five-seater SUV

On July 12, 2024, ZEEKR, the premium electric vehicle maker under Geely Holding, officially released the exterior images of the ZEEKR 7X model, which is its fifth mass-produced model and first luxury large five-seater SUV designed for the mainstream market.

Baolong, METOAK’s joint venture relocates headquarters to Optics Valley of China

Recently, Baolong Automotive's subsidiary, Xianglong Technology ("Xianglong" is Chinese Pinyin), officially relocated its headquarters to University Park Road in Optics Valley of China, Wuhan city, according to a post on Baolong Automotive's WeChat account.