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.
RoboSense will supply Chery with a 2nd generation solid-state LiDAR
RoboSense, the world’s leading provider of Smart LiDAR sensor systems, announced on November 3 that it has partnered with Chinese automaker Chery Automobile to introduce the second generation of RoboSense’s intelligent solid-state LiDAR products in several models powered by an all-new car. highly efficient all-electric vehicle platform. Serial production of these cooperative models is expected in the second half of 2023.
RoboSense 2nd generation solid-state LiDAR; Photo credit: RoboSense
Foton Motor’s new energy vehicle sales rose 166.46% y/y in January-October. 2022 year
Foton Motor, one of BAIC Group’s subsidiaries, sold 36,004 vehicles in October 2022, including 2,582 new energy vehicles (NEVs). In the first ten months of 2022, the automaker’s vehicle sales fell 31.49% year-over-year to 396,109 units, while NEV sales still rose 166.46% year-over-year to 16,475 units.
Lifan Technology October 2022 Sales Up 1014.91% YoY
In October 2022, Chinese automaker Lifan Technology sold 5,831 vehicles (+1,014.91% y/y), including 4,092 new energy vehicles (+682.41% y/y). In January-October. In 2022, the company sold 37,683 vehicles (+4,322.89% y/y), of which 26,879 units were new vehicles, up 3,138.43% year-on-year.
XPeng completes Shanghai Stock Exchange debut offering of carbon-neutral asset-backed securities for 964 million yuan.
Today, XPeng Inc. announced that its subsidiary Guangzhou Xiaopeng Automotive Financial Leasing Co., Ltd. successfully completed the debut issuance of asset-backed securities (“ABS”) of RMB 964 million (approximately US$133.5 million) in car leasing. on the Shanghai Stock Exchange.
Farasis Energy is starting construction of a new battery base in Ganzhou
On November 1, Farasis Energy broke ground on a new battery base in Ganzhou, Jiangxi Province, with an estimated annual production capacity of 30 GWh. The new factory will manufacture batteries and SPS (Super Pouch Solution) batteries.
The Xiaomi-backed fund is investing in chipmaker Pride Silicon
Chinese chip maker Pride Silicon recently completed a Pre-A funding round that was invested exclusively by Beijing Xiaomi Intelligent Manufacturing Equity Investment Fund Partnership (LP), one of the industrial investment units of Xiaomi Group, according to corporate information platform Tianyancha.
Alibaba-backed Horizon Robotics and Banma have teamed up on an intelligent management platform
On November 4th, Alibaba’s automotive intelligence unit, Banma, together with Horizon Robotics, launched an intelligent driving ecosystem platform at the Alibaba Aspara Conference 2022.
Alibaba-backed Banma joins hands with SemiDrive to develop smart cab
Alibaba-backed intelligent automotive solutions provider Banma has teamed up with Shanghai-based automotive chip supplier SemiDrive at Alibaba Group’s Apsara Conference 2022.
GAC AION launches new APE 3.0 premium platform dedicated to BEVs
GAC AION, the new energy vehicle (NEV) subsidiary of GAC AION, launched its next-generation platform dedicated to premium electric vehicles (BEV) called APE 3.0 on November 3, which will be applied to AION’s Hyper premium models. car brand first.
Chinese LiDAR vendor LiangDao Intelligence closes B1 funding round
Chinese auto LiDAR provider LiangDao Intelligence announced on November 4 that it has completed its B1 funding round, raising more than 100 million yuan.
Geely-backed Cao Cao Mobility partners with Huawei Cloud
The Geely-backed Cao Cao Mobility platform entered into a strategic cooperation with Huawei Cloud on November 3 in an effort to promote the development of the intelligent mobility industry.
Aiways is celebrating the 10,000th car off the assembly line
On November 3rd, Chinese new energy vehicle startup Aiways celebrated its 10,000th vehicle rolling off the production line at the Shangrao Intelligent Machine Factory in Jiangxi Province.
BYD Achieves Highest Monthly Car Sales in October 2022
According to BYD Company Limited’s (“BYD”) latest monthly sales results, monthly vehicle sales reached a new high of 217,816 units in October 2022, an increase of 142.19% year-on-year.
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