With Gasgoo Daily, we will bring you important automotive news in China daily. For the ones we have reported, the title of the piece will have a hyperlink, which will provide detailed information.
BYD battery arm starts production in Shaoxing
BYD’s FinDreams Battery has started production from its manufacturing base in Shaoxing, Zhejiang province. The first phase of the base, with a total investment of 7 billion RMB, will have an annual production capacity of 15 GWh.
Dongfeng Deepens Cooperation with Guangzhou
On June 13, Guangzhou Municipal Government, Huadu District Government and Dongfeng Motor Company signed a strategic cooperation agreement to promote the quality development of the automotive industry. These parties will deepen their cooperation in the development of new energy vehicles, battery recycling and the demonstration area of autonomous vehicles.
CATL registers a new company in Xiamen
On June 13, a CATL affiliate company was incorporated in Xiamen with a registered capital of RMB 5 billion. The business scope of the new company covers battery manufacturing, battery sales, battery component sales, as well as the manufacturing and sales of capacitors and supporting equipment.
Photo credit: CATL
SAIC Motor’s Ningde PV base reaches production milestone of 400,000 vehicles
On June 12, SAIC Motor’s Ningde manufacturing base saw its 400,000th complete vehicle roll off the production line, according to a press release offered by the automaker.
Guangzhou to establish 10 billion yuan fund for ICV and NEV development
The Chinese city of Guangzhou plans to set up a 10 billion yuan ($1.481 billion) fund to promote the development of local intelligent connected vehicle (“ICV”) and new energy vehicle (“NEV”) industries, according to a document on which the Guangzhou Municipal Bureau of Industry and Information Technology is soliciting public opinion.
MIIT to Conduct Study on Whether to Expand NEV Purchase Tax Exemption
Xin Guobin, vice-minister of China’s Ministry of Industry and Information Technology (MIIT), told a press conference on Tuesday that a study would be conducted as soon as possible on whether to continue the preferential tax policy for new energy vehicles (“NEV”). ) purchase, which is expected to be terminated by the end of this year.
Roewe RX5 powered by Horizon Robotics launches blind order
SAIC Motor’s Roewe has initiated the blind order process for the third-generation RX5 model, which is the first production model built above the joint efforts of SAIC Motor and chip supplier Horizon Robotics.
RoboSense closes another deal for latest investment round
On June 14, LiDAR provider RoboSense announced the completion of the final transaction in its new strategic investment round.
Beijing Benz sees 4 millionth vehicle, the first EQE, roll off the line
On June 13, the China-made EQE, also the 4 millionth vehicle of Beijing Benz Automotive Co., Ltd. (BBAC), rolled off the production line.
GWM-supported Haomo.ai user’s ADAS driving distance exceeds 10 million km
On June 14, Great Wall Motor-backed self-driving developer Haomo.ai announced that its users had helped the company rack up more than 10 million miles of ADAS driving distance.
HUAWEI reportedly established in-depth cooperation with Chery Auto, JAC Group
HUAWEI has reportedly entered into respective agreements with several Chinese automakers to cooperate under the HUAWEI Smart Selection mode of cooperation, sources familiar with the matter revealed to local media.
Geely announced the launch of new premium energy harvesting brand ‘RADAR’ this month
Chinese automaker Geely is set to launch a new “RADAR” sub-brand on June 17, which will be used to support its new high-end energy sensors, according to local media. The yet to be launched brand would compete with US startup Rivian, the local report said.
SVOLT, EVE Energy and Sichuan New Energy Power to Establish Joint Venture for Lithium Salt Project
On June 13, two Chinese power battery manufacturers, SVOLT and EVE Energy, signed an agreement with Sichuan New Energy Power Company Limited (“CNDL”) to establish a joint venture for a lithium salt manufacturing project, as part of efforts to boost the development of the lithium battery industry in Sichuan Province.
VOYAH opens its first overseas showroom in Oslo, Norway
VOYAH, the premium new energy vehicle brand backed by Dongfeng Motor Group has opened its first overseas showroom in Klingenberggt, Norway, marking its official foray into the European market.