Gasgoo Daily: BMW Group to open Lida factory in Shenyang in late June

BMW Group to open Lida factory in Shenyang in late June

BMW Group announced today the Lida plant, its third complete vehicle plant in Shenyang, would start operation in late June.

NIO said to adjust organizational structure of European development business

NIO has issued an announcement to sort out the organizational structure of European development business, a local media outlet reported today. Chen Chen, head of NIO's European development business, and general managers of NIO subsidiaries in European countries have begun reporting to Qin Lihong, co-founder and president of NIO.

China's Zhengzhou city grants 200 million yuan worth of coupons to spur car sales

Zhengzhou, the capital of China's Henan province, will offer 200 million yuan ($29.941 million) worth of coupons, as part of measures to boost car consumption. The policy will be effective from June 1 to August 31 this year.

BYD puts 2022 Tang EV onto market

The 2022 BYD Tang EV went on sale on June 1. Coming with three trim levels, it is priced from 279,800 yuan to 339,800 yuan ($41,890-$50,870).

HUAWEI-related SERES brand sells 5,440 vehicles in May

In May, Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the auto group owning the brand SERES, saw its new energy vehicle sales surpass its oil-fueled vehicle sales for the first time.

Shanghai's Jiading District to boost car sales by offering subsidies

Jiading District in east China's Shanghai recently issued a slew of policies for spurring car shopping demands, one of which is to offer car buyers subsidies.

NIO's May deliveries grow YoY, MoM

NIO delivered 7,024 vehicles in May 2022, the company announced on June 1, posting a year-on-year increase of 4.7% and a month-on-month jump of 38.4%.

XPeng sees May deliveries soar 78% YoY

XPeng, one of the major Chinese NEV startups, saw its monthly deliveries zoom up 78% year on year to 10,125 units in May 2022.

Leapmotor's May deliveries hit new high

China's new energy vehicle startup Leapmotor, who is currently in the hearing phase of the Hong Kong Stock Exchange, managed to refresh its monthly delivery record in May.

Li Auto boasts 165.9% YoY surge in May 2022 deliveries

Chinese NEV startup Li Auto announced the monthly deliveries of the Li ONE, its only production model, stood at 11,496 units in May 2022, soaring 165.9% compared to the same span in 2021.

Huawei-backed AITO M5 sees growing registrations in April

The AITO M5, the first model of the AITO brand which was jointly established by China’s technology company Huawei and automaker SERES, saw its monthly registrations close to 3,000 units for two consecutive months since its delivery started in March.

RoboSense LiDAR-powered new Hongqi models to be mass produced in 2023

On June 1st, China's LiDAR supplier RoboSense announced that it has struck a deal with FAW Group’s Hongqi to deploy its products onto the latter's vehicles.

Guangdong releases policies to spur car sales

China's Guangdong province has released a host of measures to help boost car demands as part of its economic stimulus package.

Xiaomi releases three automotive-use patent applications

Xiaomi Automobile Technology Co., Ltd., one of the automaking entities of Xiaomi recently made three of its auto-related patent applications public.

HOZON Auto sees 144% YoY soar in May deliveries

In May, HOZON Auto, the startup owning the new energy vehicle brand NETA, celebrated another month with over 10,000 vehicles delivered, more than doubled from a year ago.

AITO M5's cumulative deliveries surpass 10,000 units in three months

On the first day of June, HUAWEI and SERES’ young new energy vehicle brand AITO, reported outstanding growing momentum regarding monthly delivery volume in May.

ZEEKR scores 102.6% MoM surge in May deliveries

ZEEKR, the premium EV brand of Geely Holding, announced the monthly deliveries of the ZEEKR 001 hit a new high of 4,330 units in May 2022, surging 102.6% from the previous month.

China's WM Motor files for Hong Kong IPO

WM Motor Holdings Limited (“WM Motor”), one of the major Chinese EV startups, has submitted the application documents for its potential initial public offering ("IPO") and listing on the Hong Kong Stock Exchange.a