Gasgoo Daily: Ford Mustang Dark Horse to go on sale in China on February 19

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.

Ford Mustang Dark Horse to go on sale in China on February 19

On January 25th, Ford China announced via its WeChat account that the all-new Ford Mustang Dark Horse model will go on sale on February 19, with deliveries to be commenced in the second quarter.

DJI Automotive reportedly receives investment intentions from BYD, FAW Group

According to China's domestic media outlets, several industry insiders revealed that DJI Automotive recently had received clear investment intentions from BYD and FAW Group. Currently, all parties are advancing the financing process.

BYD releases spy shots of BYD Qin L model

Recently, a set of spy photos of the BYD Qin L model were released by BYD, sparking wide attention from the market and consumers. As a new member of the BYD Qin family, the Qin L is positioned higher than the current Qin PLUS. It not only features a completely refreshed exterior design but also receives significant upgrades in the powertrain system. According to reliable sources, the new model is expected to be equipped with BYD's latest 5th-generation DM-i hybrid technology.

GAC Group to support GAC Hino in NEV transition through equity adjustment

On Jan. 24, GAC Group announced strategic measures for the sake of the rapid growth of the new energy vehicle (NEV) sector. The move aims to facilitate the transformation of GAC Hino Motors towards new energy commercial vehicles. Following unanimous agreement among shareholders, a proposed equity adjustment for GAC Hino is set to take place.

SGMW eyes 700,000 units of annual new energy vehicle output, sales in 2024

SAIC-GM-Wuling ("SGMW") recently revealed via its WeChat account its ambitious goal to manufacture and sell 700,000 new energy vehicles in 2024.

Chery EXEED launches LX C-DM plug-in hybrid electric SUV

On January 24, Chery's EXEED brand introduced the LX C-DM compact SUV with the 1.5T C-DM plug-in hybrid electric system.

Dongfeng Motor's R&D investment to reach 100 billion yuan in 2021-2025 period

On January 23, the first council meeting and industry matchmaking event of the Cross-Strait (Wuhan) Vehicle Technology Innovation Alliance (CSVA) took place in Wuhan, attracting nearly 50 enterprises. Discussions revolved around collaboration in autonomous driving, new energy, connected vehicles, and supporting systems. Dongfeng Motor Corporation presented its latest achievements in technological innovation for the transition to new energy intelligent vehicles.

Pony.ai becomes China's first to secure cross-provincial license for autonomous freight trucks

Pony.ai, the Chinese autonomous driving solution provider, was recently recognized as the first Chinese enterprise to obtain a cross-provincial license for the demonstration application of autonomous heavy-duty trucks by the Tianjin Municipal Transportation Commission, the Tianjin Municipal Commission of Industry and Information Technology, and the Tianjin Municipal Public Security Bureau. 

Guangzhou deploys 10,000 V2X-enabled connected vehicles in routine operation

On January 24, according to GAC Group's official announcement, Guangzhou has become the first city in China to have over 10,000 vehicles in routine V2X operation, as the final C-V2X onboard unit (OBU) installation and debugging for GAC's ride-hailing platform OnTime were successfully completed.

SERES Group forecasts narrowed net loss in 2023

On January 24, Chinese automaker SERES Group announced an anticipated revenue of 35.5 billion yuan to 36.5 billion yuan for 2023, which would reflect a year-on-year increase of 4.09% to 7.02%.

Shanghai puts around 354,000 new energy vehicles on roads in 2023

Chinese megacity Shanghai deployed a total of 354,000 new energy vehicles (NEV) across the year of 2023, resulting in a citywide cumulative NEV population of 1.288 million units, according to the government's work report delivered by Gong Zheng, Mayor of Shanghai city, on Jan. 23.

BYD teases fire new A0-segment SUV model Yuan UP

BYD recently released official teaser images for its upcoming model, the Yuan UP, set to hit the market in March this year. This marks the first A0-segment SUV built on BYD's e-Platform 3.0.