Metal2h
Gasgoo Daily: China's vehicle trade-in subsidy applications surpass 4 million
At the 2024 China 5G + Industrial Internet Conference on November 19, Baidu CEO Robin Li announced that the company's RT6 driverless vehicle, the only mass-produced model with pre-installed L4 ...
Metal2h
Chery Fulwin T9 Super Long Range Edition SUV hits market at 183,900 yuan
Beijing (Gasgoo)- On November 18, Chery Auto's new energy vehicle range, Fulwin, put the Fulwin T9 Super Long Range Edition onto the market. Positioned as a mid-sized plug-in hybrid electric SUV, the ...
Metal10h
Indian aluminium industry urges again for higher import duty. Will the government pay ears?
In July 2024, ahead of the Union Budget, Indian aluminium producers had asked for an import duty hike on aluminium scrap to 7 ...
Metal4h
Successfully Concluded: HERE TECH DAY
On November 14th, HERE TECH DAY came to a successful conclusion in Shenzhen. Hosted by HERE and organized by Gasgoo, the event was themed "Leading the New Era of Software-Defined Vehicles" and focused ...
Metal5h
GAC Group eyes annual sales of 2 million vehicles for wholly-owned brands by 2027
Shanghai (Gasgoo)- At the Auto Guangzhou 2024, GAC Group launched its ambitious three-year "Panyu Action," aiming to have its self-owned brands account for over 60% of the group's total sales by 2027, ...
Metal5h
Changan Automobile announces tech roadmap for flying cars, humanoid robots
The automaker announced plans to invest over 50 billion yuan within five years. By 2026, Changan aims to launch its flying car, followed by a humanoid robot by 2027, accelerating its transformation ...
Metal5h
KargoBot, Elenergy to co-facilitate L4 autonomous freight service in Southeast Asia
Beijing (Gasgoo)- On November 15, autonomous truck solution developer KargoBot signed a memorandum of understanding (MoU) in Bangkok with Elenergy Thailand and Elenergy China (Chengdu Guangda New ...
Metal5h
XPENG AEROHT, Hainan Province team up on pilot applications of flying cars
Shanghai (Gasgoo)- On November 18, XPENG AEROHT, the eVOLT aircraft (flying car) company affiliated to XPENG, and the Hainan Provincial Development and Reform Commission signed a strategic cooperation ...
Metal8h
NEV Production and Sales Continue to Grow, Rare Earth Permanent Magnets Market Shows Significant Polarization [SMM Analysis]
According to statistics from CAAM, in October 2024, China's NEV production and sales continued to show strong growth.
Metal8h
Concentrated Arrivals at Some Delivery Warehouses During the Week, Significant Increase in Silicon Metal Social Inventory [SMM Silicon Inventory]
Overnight, LME zinc prices opened at US$2,581/ton and reached a low of US$2,567/ton during the period. During the European trading session, LME zinc prices moved up and hit a high of US$2,605.5/ton, ...
Metal13h
The US dollar dropped back slightly, and LME lead surged significantly. Domestic social inventory growth slowed down [SMM Lead Morning Comment]
Macro side, the US dollar index dropped back slightly, easing the pressure on base metals, leading to a rebound in LME lead.
Metal13h
Will the Bank of Japan continue to raise interest rates? Copper prices are expected to have bottom support [SMM Copper Morning Comment]
LME copper opened at $9,009.5/mt overnight, with the initial focus dropping to $8,958/mt.