With Gasgoo Daily, we will offer important automotive news in China daily. For those we’ve reported on, the article title will include a hyperlink containing detailed information.
BYD launches Song PLUS DM-i, Yuan PLUS in Brazil
BYD recently held a new product launch event in Sao Paulo, Brazil, and officially launched two new electric vehicle (NEV) modes – Song PLUS DM-i and Yuan PLUS – into the local market. Additionally, BYD said it will begin local production in Brazil, further demonstrating its commitment to promoting NEVs globally.
Photo credit: BYD
Buick’s first Ultium-powered electric SUV will debut in China later this year
General Motors announced at the 2022 GM TECH DAY that the company plans to introduce the first full-size five-seater Buick-branded smart electric SUV on the Ultium platform to the Chinese market by the end of 2022. Delivery of the model is expected in the first half of 2023.
Retail sales of passenger cars in China rose 8% y/y in the third week of November
China sold 367,000 passenger cars in the third week of November (November 14-20), up 8% year-on-year and 32% from the previous week, according to data compiled by the China Automobile Association. . .
Baidu’s six-generation Apollo RT6 production unmanned vehicle will be equipped with a next-generation LiDAR blind spot detection system from Chinese vendor ZVision, the latter announced on November 23.
GAC Group has led the C2 financing round of local autonomous driving solutions provider Holomatic, GAC AION announced on November 23.
Chinese new energy vehicle startup XPeng recently launched a battery subsidiary, seen as part of efforts to roll out battery self-sufficiency.
Leading Chinese new energy vehicle (NEV) maker BYD announced on November 23 that it will raise the target prices of some Dynasty and Ocean series NEV models, as well as the DENZA brand, by 2,000 yuan to 6,000 yuan ($280-$840) per vehicle. The date of the price cut and details on specific models will be released in a future announcement.
Beijing Benz Automotive Co., Ltd. (“BBAC”) and Baosteel signed a memorandum of understanding (MoU) on November 22 to jointly promote the use of cleaner raw materials in the manufacturing process of complete vehicles and create an environmentally friendly automotive steel supply chain, according to a post on BBAC’s WeChat account.
On November 22, Chinese technology giant Baidu published unaudited financial results for the third quarter of 2022.
On November 22, Bosch officially opened the Bosch Cross-Domain Computing Solutions Research Center (Shanghai).
NIO announced via its WeChat account that the first battery replacement stations jointly developed with China National Offshore Oil Corporation (“CNOOC”) officially started operating on November 22 at the latter’s service area on the G94 Delta River Ring Expressway.