Gasgoo Daily: Dongfeng deepens cooperation with Guangzhou

BYD battery arm starts production in Shaoxing

FinDreams Battery from BYD started the production of its manufacturing base in Shaoxing, Zhejiang province. The first phase of the base, with a total investment of RMB7 billion, will have an annual production capacity of 15GWh.

Dongfeng deepens cooperation with Guangzhou

On June 13, Guangzhou municipal government, Huadu district government and Dongfeng Motor Company signed a strategic cooperation agreement to promote the quality development of automotive industry. Those parties will deepen their cooperation in new energy vehicle development, battery recycling, autonomous vehicle demonstration zone.

CATL registers new firm in Xiamen

On June 13, a CATL-affiliated company was incorporated in Xiamen with a registered capital of RMB5 billion. The new firm’s business scope covers battery manufacturing, battery sale, battery components sale, and manufacturing and sale of capacitor and supporting equipment.

Photo credit: CATL

SAIC Motor's Ningde PV base hits production milestone of 400,000 vehicles

On June 12, SAIC Motor's Ningde manufacturing base saw its 400,000th complete vehicle roll off the production line, according to a press release offered by the automaker.

Guangzhou to set up 10 billion yuan fund for ICV, NEV development

China's Guangzhou plans to build a 10 billion yuan ($1.481 billion) worth of fund to promote the development of local intelligent-connected vehicle (“ICV”) and new energy vehicle (“NEV”) industries, according to a document on which the Guangzhou Municipal Industry and Information Technology Bureau is soliciting public opinions.

MIIT to conduct study on whether to extend NEV purchase tax exemption

Xin Guobin, vice minister of China's Ministry of Industry and Information Technology (MIIT), said on Tuesday at a press conference that a study would be made as soon as possible on whether to continue the preferential tax policy for new energy vehicle (“NEV”) purchase, which is supposed to be terminated by the end of this year.

Horizon Robotics-powered Roewe RX5 kicks off blind order

SAIC Motor’s Roewe kicked off the blind order process of the third-generation RX5 model, which is the first production model built on top of SAIC Motor and chip supplier Horizon Robotics’ joint efforts.

RoboSense concludes another transaction for latest investment round

On June 14th, LiDAR supplier RoboSense announced the completion of the latest transaction in its new strategic investment round.

Beijing Benz sees 4-millionth vehicle, first EQE, roll off line

On June 13th, the China-made EQE, also the 4-millionth vehicle of Beijing Benz Automotive Co., Ltd. (BBAC) rolled off the production line.

GWM-backed Haomo.ai’s user ADAS driving distance surpasses 10 million km

On June 14th, Great Wall Motor-backed autonomous driving developer, Haomo.ai announced that its users have helped the company accumulate over 10 million kilometers of ADAS driving distance.

HUAWEI reportedly to build deep cooperation with Chery Auto, JAC Group

HUAWEI has reportedly struck respective deals with several Chinese automakers to cooperate under the HUAWEI Smart Selection cooperation mode, sources close to the matter disclosed to a local media outlet.

Geely said to launch high-end new energy pickup brand ‘RADAR’ this month

Chinese automaker Geely is about to launch a new sub-brand “RADAR” on June 17, which will be used to back its high-end new energy pickups, according to a local media outlet. The yet-to-be-launched brand would compete with the U.S. EV startup Rivian, said the local report.

SVOLT, EVE Energy, Sichuan New Energy Power to build joint venture for lithium salt project

On June 13, two Chinese power battery manufacturers, SVOLT and EVE Energy, signed an agreement with Sichuan New Energy Power Company Limited (“CNDL”) to build a joint venture for a lithium salt manufacturing project, as part of the efforts to boost the development of the lithium battery industry in Sichuan province.

VOYAH opens up first overseas showroom in Oslo, Norway

VOYAH, the premium new energy vehicle brand backed by Dongfeng Motor Group opened up its first overseas showroom in Klingenberggt, Norway, marking its official foray into the European market.