Gasgoo Daily: BYD’s FANGCHENGBAO releases teaser photo of BAO 8 mass-produced model

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.

BYD's FANGCHENGBAO releases teaser photo of BAO 8 mass-produced model

On April 12, FANGCHENGBAO, the professional personalized brand under BYD, released the teaser photo of the BAO 8 model's mass-produced version, which is set to make its debut at the brand's spring product launch event on April 16.

SGMW's Baojun launches additions to Yep model's series

On April 12, SAIC-GM-Wuling's Baojun brand held a new product launch event, officially introducing several new editions to its Yep model series. Those additions include the 2024 Baojun Yep and the Baojun Yep Plus, both of which come with two trim levels. To be specific, the 2024 Baojun Yep features a price range of 80,800 yuan to 90,800 yuan, and the Baojun Yep Plus’ two variants are priced at 93,800 yuan and 103,800 yuan, respectively.

Changan NEVO A05, Q05 models' Zhenxiang editions hit market

On April 12, Changan Auto's new energy vehicle brand, NEVO, announced the Zhenxiang edition of its NEVO A05 and Q05 models officially hit the market. Positioned as a compact sedan, the NEVO A05 Zhenxiang edition comes with five trim levels with a price range of 78,900 yuan to 109,900 yuan. The NEVO A05 Zhenxiang edition, designed as a compact SUV, is offered in three trim levels, which are priced between 96,900 yuan and 112,900 yuan.

NIO launches NOMI GPT large model

On April 12, Chinese electric vehicle maker NIO officially rolled out its NOMI GPT large model, which has been deployed onto the vehicles equipped with the NIO Banyan intelligent system, according to a post on NIO's WeChat account.

Tsingshan Industry, Shaanxi Automobile, Qiyuan Core Motive Power form trilateral cooperation

On April 11, Tsingshan Industry, the world's leading stainless steel producer, reached a strategic partnership with Shaanxi Automobile Holding Group and Qiyuan Core Motive Power Technology Co., Ltd, according to a post on Tsingshan Industry.

GAC MOTOR, Huajian Group sign distribution deal, MoU on KD assembly project

On April 10th, GAC MOTOR, the international business unit of GAC Group, and Huajian Group officially signed a distribution cooperation agreement and a KD (knocked down) assembly memorandum of understanding in Guangzhou.

GAC Group launches all-solid-state battery tech, to be applied in Hyper's model by 2026

At the GAC TECH DAY 2024 held on April 12, GAC Group introduced its all-solid-state battery technology, which is expected to be deployed onto Hyper-branded models by 2026.

FORVIA, GREE join hands to promote new materials R&D, applications for low-carbon economy

On April 11, MATERI' ACT, a FORVIA Group's subsidiary focusing on developing low-carbon materials, signed a Letter of Intent with GREE Green Recycle Resources, part of GREE Electric Appliances ("GREE"), to establish joint ventures by the end of 2024, according to a press release from FORVIA Group.

CATL, DST team up on multiple fields like vehicle electrification, marketing, global business expansion

On April 9, Chinese power battery giant CATL signed a comprehensive strategic cooperation agreement with Digital Sustainable Transport New Energy Vehicle Service Network ("DST"), a Chinese leading provider of digital and intelligent operation services for new energy logistics vehicles, according to a post on CATL's WeChat account.

BWI Group, thyssenkrupp Steering ally on R&D of EMB

On April 9, BWI Group, the HK-listed intelligent automotive chassis supplier, and thyssenkrupp Steering, the global tier-1 automotive partner for steering solutions, struck a deal for the development and manufacturing of a pioneering Electro-Mechanical Brake (EMB) technology, according to a press release from BWI Group.

FORVIA, Chery to build joint venture for intelligent cockpit parts R&D, production

On April 11, FORVIA, the seventh largest automotive technology supplier globally, announced a joint-venture agreement with Chery, a leading Chinese car manufacturer, signed in Hefei. This agreement will deepen their collaboration in the field of intelligent and sustainable cockpits.

China's power battery installed capacity in March 2024 grows 25.8% YoY

In March 2024, China's installed capacity of power batteries reached 35 GWh, marking a year-on-year rise of 25.8% and a month-on-month surge of 94.6%, according to data by the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Hebei province opens first expressway section for intelligent connected vehicle tests

On April 10, the Transport Department, Industrial and Information Technology Department, and Public Security Department of Hebei Province jointly announced the official opening of the G2 Beijing-Shanghai Expressway's Hebei section in Langfang city (Jingjintang Expressway’s Hebei section) for intelligent connected vehicle road testing and demonstration applications.

Huawei, Chery-backed Luxeed puts all-new S7 model onto market

At Huawei's HarmonyOS Eco Spring Communication event on April 11, the all-new Luxeed S7 officially hit the market, offering 5 trim levels with prices ranging from 249,800 yuan to 349,800 yuan.

Compared to the previous version, the new Luxeed S7 received upgrades in intelligence and power systems.

Volkswagen Group to invest €2.5 billion in production, innovation center in Hefei city

On April 11, 2024, after 40 years of development in the Chinese market, Volkswagen Group reemphasized its commitment to providing high-quality localized models for Chinese customers. It is investing €2.5 billion to expand its production and innovation center in Hefei, Anhui province.