With Gasgoo Daily, we will bring you important automotive news in China daily. For those we have reported, the title of the piece will have a hyperlink, which will provide detailed information.
BYD said to mass-produce the Seal model in June
It is reported that BYD will start mass production of the BYD seal in June. The new model started presale with prices ranging from 212,800 RMB ($31,600) to 289,800 RMB ($43,035).
2023 KiWi EV will be equipped with DJI’s intelligent driving system
SAIC-GM-Wuling’s 2023 Baojun KiWi EV will be the first mass-produced vehicle to feature DJI’s intelligent driving system, the brand announced today.
Photo credit: Baojun
Geely affiliate to acquire majority share of smartphone maker Meizu
Hubei Xingji Shidai Technology Co., Ltd., backed by Geely, has signed a deal to acquire a 79.09% stake in smartphone maker, Zhuhai Meizu Technology Co., Ltd., according to a public announcement made by the China’s State Administration for Market Regulation in June. 13.
Sokon Group Receives RMB 6 Billion Line of Credit from ICBC Chongqing Branch
On June 13, China’s Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group) has signed a strategic cooperation agreement with the Chongqing branch of the Industrial and Commercial Bank of China Limited (ICBC).
MG MULAN all-electric crossover makes world debut
The MG MULAN, a new all-electric vehicle model under the MG brand owned by SAIC Motor, made its global debut on June 13.
HiPhi sells 369 HiPhi X in May
In May, Human Horizons’ Chinese luxury electric vehicle brand HiPhi saw its monthly sales volume surpass that of other electric vehicles priced at RMB500,000 ($74,200) and above in China.
Chery Holding’s May sales jump 30% year-on-year
In the fifth month of 2022, Chery Holding saw its monthly sales volume jump from the periods of a year ago and a month ago.
SVOLT will build a zero-carbon industrial park in Dazhou
SVOLT Energy Technology Co., Ltd. (“SVOLT”), a Chinese power battery manufacturer spun off from Great Wall Motor (“GWM”), signed an agreement with the Dazhou Municipal Government and Dazhou High-tech Industry Development Zone Management Committee on June 10. to build an industrial park for the lithium-ion battery industrial chain, the company announced via its WeChat account.
NIO signs agreement to help build EV auto parts industrial park in Lu’an
On June 10, NIO signed a framework agreement with the municipal government of Lu’an, a prefecture-level city in western Anhui Province, to jointly build an industrial park of supporting auto parts used for electric vehicles. smart, according to a post on the local government’s official WeChat account.
Continental Group invests in MOTOVIS
On June 13, Chinese self-driving developer MOTOVIS announced the completion of its Series C funding round with a strategic investment from Continental Group.