Gasgoo Daily: Geely’s methanol hybrid Emgrand hits market

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

Geely’s methanolhybridEmgrand hits market

On June 30th, Geely saw the fourth-generation Emgrand go on sale. The model is also the world’s first methanol hybrid sedan, with a methanol consumption of 9.2L/100km. The vehicle is priced at RMB129,800.

Photo credit: Geely

Evergrande Auto’s Hengchi 5 to start presale in July

Presale of the Hengchi 5, the electric SUV model of Evergrande Auto, will kick off on July 6th. The presale price of the vehicle has not been fixed yet, but it should be in the RMB200,000 ballpark.

Geely: still a shareholder of JIDU

Geely responded to the rumor of it withdrawing from JIDU that the company was still a part of JIDU and a joint shareholder of the auto brand.

Changan Automobile to cease order for Benben E-Star

Changan Automobile disclosed that the company would no longer take orders for its electric mini-vehicle, the Benben E-Star, starting July 1st.

Pony.ai’s Robotaxis authorized for taxi pilot service in Guangzhou

On June 30th, autonomous driving developer Pony.ai’s autonomous passenger vehicles and commercial vehicles passed the tests and accreditations of Guangzhou, and retained corresponding credentials for pilot operation.

BMW to buy NavInfo’s TSP, ConnectedDrive Store service for five years

China’s navigation giant NavInfo announced on June 30th that it had inked a framework agreement with BMW China and BMW Brilliance (collectively referred as BMW) regarding the transaction of Telematics Service Provider (TSP) and ConnectedDrive Store services.

GAC Group-backed chip supplier CanSemi bags RMB4.5 billion

Guangzhou CanSemi Technology (CanSemi), a semiconductor supplier backed by GAC Group, officially completed its latest financing round, raising RMB4.5 billion ($671.87 million).

XPeng G9 to hit market in September

He Xiaopeng, chairman and CEO of XPeng, recently confirmed via his Twitter-like Weibo account that the company's all-new flagship SUV, the XPeng G9, will become available for presale in August and officially hit the market in September this year.

Horizon Robotics announces IDH partners for Journey 5 chip

Horizon Robotics released the names of three IDH (Independent Design House) partners, who will be authorized to build customizable intelligent driving solutions based on the Journey 5 chip.

SVOLT, Ganfeng Lithium to team up on lithium salt supply, industrial park construction

SVOLT, the Chinese power battery supplier carved out of Great Wall Motor, and the leading battery-grade lithium producer Ganfeng Lithium signed a framework agreement on June 29 to conduct in-depth cooperation on lithium resource development, lithium salt supply, battery recycling, and industrial park construction.

Geometrical-PAL receives strategic investment from SAE International

Shanghai-based intelligent driving developer, Geometrical-PAL (G-PAL), recently closed a new strategic investment round exclusively funded by SAE International (SAE).