China Auto Daily丨 GAC Trumpchi Celebrates 4 Millionth Vehicle Milestone

GAC Trumpchi celebrates 4 millionth vehicle milestone; Gome Marketplace enters automobile dealer sector; National Development and Reform Commission forms Low-Altitude Economy Department; CATL plans to list H-shares on Hong Kong Stock Exchange.

China Automotive News · 2024-12-30

GAC Trumpchi Rolls Off Its 4 Millionth Vehicle

GAC Trumpchi recently announced the roll-off of its 4 millionth vehicle. At the ceremony, GAC Trumpchi's General Manager, Huang Yongqiang, stated that in 2025, GAC Trumpchi will adhere to a technological roadmap that combines "in-house research and development plus Huawei" to introduce four high-end new energy models equipped with advanced intelligent driving features.

Gome Marketplace Announces Entry into the Automobile Dealer Industry

On December 28th, Gome held a strategic conference and ecological partnership meeting in Beijing, announcing its entry into the automobile dealer industry. Gome plans to collaborate with navigation platforms, e-commerce vertical platforms, and MCN agencies to establish a "new force in car sales." Currently, Gome's first smart car experience center has been established in Beijing's Xiba River area. The company plans to pilot a nationwide, large-scale comprehensive car mall at the Southwest Fourth Ring Road Gome commercial property, with an accompanying car park.

National Development and Reform Commission Officially Establishes the Low-Altitude Economy Development Department

On December 27th, the website of the National Development and Reform Commission indicated the official establishment of the "Low-Altitude Department," officially known as the Low-Altitude Economy Development Department. The department is responsible for formulating and implementing strategies and medium-to-long-term development plans for the low-altitude economy, proposing relevant policy suggestions, and coordinating significant issues.

CATL Plans to Issue H-shares and List on the Hong Kong Stock Exchange

On the evening of December 26th, Contemporary Amperex Technology Co., Limited (CATL)  announced that in order to further advance the company's global strategic layout, create an international capital operation platform, and enhance comprehensive competitiveness, the company plans to issue foreign shares (H-shares) and apply for a listing on the Main Board of The Stock Exchange of Hong Kong Limited (hereinafter referred to as "Hong Kong Stock Exchange").