1.General Motors China Cuts Workforce by One-Third

General Motors has undertaken significant layoffs across various departments in China, affecting one-third of its workforce. The financial and product planning departments saw major cuts, and the smart driving R&D team was completely dissolved.

2.Zhejiang NEV Production Exceeds Full-Year 2023 Output

From January to October, Zhejiang Province produced 712,000 NEVs, up 46.8% year-over-year, surpassing the 2023 full-year production figure of 630,000 units.

3.Avatr Unveils Name of New Sedan: Avatr 06

On December 9, Avatr announced its second luxury sedan, named "Avatr 06." The car measures 4855x1960x1450 mm with a 2940 mm wheelbase and a high wheel-to-height ratio of over 1:2.

4.Netta Auto Faces Enforcement for RMB 9.11 Million

According to Tianyancha, Hozon New Energy, the parent company of Netta Auto, recently received a court enforcement order for RMB 9.11 million.

5.Netta Auto Founder Issues Letter on Challenges Ahead

Founder and CEO Fang Yunzou shared an internal letter reflecting on Netta’s ten-year journey and acknowledged the company’s current challenges, describing this phase as a "second entrepreneurial journey."

6.Bosch Achieves Over 100 Million Millimeter-Wave Radar Shipments

Bosch announced its global millimeter-wave radar shipments have surpassed 100 million units, with over 30 million units shipped from China.

7.Xiaomi Names Second Car: Xiaomi YU7

Xiaomi Auto announced its second mass-production model, named "Xiaomi YU7," scheduled for release in June or July next year. The vehicle dimensions are 4999x1996x1600 mm with a 3000 mm wheelbase.

8.XPeng Huitian Applies for "Sky Fortress" Trademark

XPeng's aerospace subsidiary, Guangdong Huitian Aerospace Technology Co., applied for the trademarks "Sky Fortress" and "Tianqi," categorized under transportation tools.

9.Huawei to Mass-Produce Next-Gen "End-to-End" Smart Driving in 2025

Huawei's automotive unit has formed a new technical development team focusing on integrating end-to-end solutions with large models. This marks a major step toward advanced smart driving technologies.

10.Stellantis Plans to Rejoin ACEA

Stellantis has announced its intention to rejoin the European Automobile Manufacturers Association (ACEA) after leaving under the leadership of its former CEO Carlos Tavares.