Gasgoo Daily: Sales of BYD Han series surpass 200,000 units

Sales of BYD Han series surpass 200,000 units

According to BYD’s latest sales results, the BYD Han lineup sold 13,421 vehicles in April, amounting to over 200,000 units cumulatively.

Photo credit: BYD

May H1 PV retail volume drops 21% YoY in China: CPCA

In the second week of May, China’s daily averaged passenger vehicle retail volume reached 33,000 vehicles, down 22% year over year, but up 26% from April. From May 1st to May 15th, the national passenger vehicle retail volume amounted to 484,000 vehicles, declining 21% from a year ago, but climbing up 27% month on month, according to the China Passenger Car Association.

FAW Haima Automobile’s 7X-E electric MPV to hit market in Q3

The first battery-electric 7-seater MPV of FAW Haima Automobile will start presale in the second quarter of this year, and officially hit the market in the third quarter. The model adopts the 7X electric platform, offering 500km of range.

SVOLT Energy launches global incubator project

China’s major power battery player SVOLT Energy recently kicked off its “Xianfeng Industry Partner Recruitment”, providing the opportunity to incubate innovative technological projects for tech companies and university technical teams worldwide.

QCraft’s new products reduce AD solution cost to RMB10,000

On May 18th, China’s autonomous driving developer QCraft introduced three core products, namely Longzhou Space, production-ready autonomous driving solution DBQ V4, and autonomous driving R&D toolchain QCraft Matrix, at the first QCRAFT DAY.

China imported PV deliveries dip 18.8% YoY in Q1 2022

For the first quarter of 2022, there were 195,557 imported passenger vehicles (PVs) delivered across China, representing an 18.8% decrease year-over-year, according to Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

SAIC Motor selects Cerence’s AI interactive solution for L4 Robotaxis

SAIC Motor’s ride-hailing arm, Xiangdao Chuxing has chosen Cerence Inc.’s onboard AI platform for its L4 Robotaxi service, Cerence Inc. announced on May 17th.

Cummins announces renewal of joint-venture contract with CQME

The U.S-based multinational engine manufacturer Cummins and Chongqing Machinery & Electric Co., Ltd. (“CQME”), a Chinese CV component supplier, together announced on May 17 the continuation of their joint-venture partnership, according to a post on Cummins’ WeChat account.

China’s PhiGent Robotics bags $30 million in Series A for AD advancement

On May 18th, Beijing-based autonomous driving developer PhiGent Robotics announced the completion of its A financing round, raising $30 million in total.

DENZA obtains 5,679 orders of D9 MPV in one day after presale starts

DENZA, a premium auto brand majority-owned by BYD, received orders totaling 5,679 units of the D9 only 24 hours after presale of the fire new MPV model kicked off on May 16.

China said to release policy to boost car sales in rural area in June

China is likely to issue another “cars going to the countryside” policy in June, according to China Securities Journal.

Ganfeng Lithium to unleash production capacity of 1st-generation solid-state battery in 2022

Jiangxi Ganfeng Lithium Co., Ltd. (“Ganfeng Lithium”), one of the world's top producers of battery-grade lithium, will gradually unleash the 2GWh production capacity of its first-generation solid-state battery this year, according to a document the company released earlier this year.

TELD teams up with Greater Bay Technology, EEZI on charging network expansion

Chinese charging facility operator TELD recently signed strategic cooperation agreements with Greater Bay Technology (“GBT”) and the NEV startup EEZI respectively, aiming to speed up the deployment of its charging network, according to an announcement released by TGOOD, the parent company of TELD, on May 17.

RoboSense joins hands with dSPACE for LiDAR validation in intelligent driving

On May 17th, China’s LiDAR supplier RoboSense announced its strategic cooperation with validation solution provider dSPACE, advancing LiDARs’ development and test validations in intelligent driving.