Gasgoo Daily: Limited edition AVATR 011 unveiled in Chengdu

Limited edition AVATR 011 unveiled in Chengdu

On May 26th, the limited-edition designer model, the AVATR 011, was unveiled at the AVATR 011 STUDIO event. Users interested in the vehicle are able to acquire a priority order right by placing a deposit of RMB9,999. The display event will come to Guangzhou, Beijing, Shanghai, and Wuhan soon after.

Photo credit: AVATR

Cadillac’s LYRIQ to showcase at Shenzhen’s auto show

Cadillac will showcase its LYRIQ, CT5, XT6, XT5, and XT4 models at the 2022 Guangdong-HongKong-Macao Greater Bay Area International Auto Show. The new color of the CT5 will also be on display.

Photo credit: Cadillac

Chongqing to build double-digit billion yuan worth of ICV industry cluster

The China Intelligent and Connected Vehicles (Beijing) Research Institute-backed intelligent connected vehicle innovation center officially landed in Chongqing city. The project aims to build a intelligent connected vehicle (ICV) industry cluster worth of a double-digit billion yuan in the city, helping Chongqing obtain one of the most developed ICV industries in China.

Mercedes-Benz, LiangDao Intelligence to co-develop smart city system in Germany

Mercedes-Benz Group has inked an MoU (memorandum of understanding) with China’s LiDAR supplier Liangdao Intelligence to help Wuppertal, Germany with the city's intelligent traffic project.

Ganfeng Lithium breaks ground on lithium battery materials plant in Fengcheng

On May 23, Jiangxi Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”), one of the world's top producers of battery-grade lithium, broke ground on its new lithium battery materials manufacturing base in Fengcheng, a county-level city in China's Jiangxi province, according to a post on Ganfeng Lithium's WeChat account.

Tencent, Alibaba-backed ride-hailing firm T3 Mobility said to seek RMB5 billion investment

China’s Tencent and Alibaba Group-backed online ride-hailing platform, T3 Mobility, is reportedly seeking at least RMB5 billion ($750 million) in its latest financing round, several media outlets reported on May 25th.