Gasgoo Daily: SAIC Motor’s Roewe launches super hybrid tech brand ‘DMH’

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.

SAIC Motor's Roewe launch super hybrid tech brand 'DMH'

On May 10th, SAIC Motor's self-owned PV brand, Roewe, unveiled its "DMH Super Hybrid Technology" brand, aimed at creating hybrid power products for global consumers. According to the carmaker, the DMH Super Hybrid Technology features three main technological attributes: modularity, integration, and exclusivity. The system is designed with modularity and serial configurations, allowing it to adapt to different hybrid pathways such as PHEV, EREV, and HEV, thus meeting the diverse driving needs and fuel consumption regulations of users worldwide.

Photo credit: Roewe

BYD Sea Lion 07 EV model hits market

On May 10th, BYD officially put its new mid-sized urban electric SUV, the Sea Lion 07 EV, with a manufacturer’s suggested retail price ranging from 189,800 to 239,800 yuan. The new model is the first product developed on the e-Platform 3.0 Evo.

SAIC Motor's NEV sales grow 9.3% YoY in Apr. 2024

On May 10th, SAIC Motor released data showing that in April this year, the group sold a total of 360,000 vehicles. Of these, sales of its own brands reached 216,000 units, accounting for over 60% of total group sales. New energy vehicle sales reached around 75,000 units, marking a 9.3% increase year-over-year.

ZEEKR goes public on NYSE

On the evening of May 10th (Beijing time), ZEEKR, the premium electric vehicle maker under Geely, officially commenced trading on the New York Stock Exchange (NYSE), listed under the ticker symbol "ZK".

China's production, wholesales of new energy passenger cars surge at least 30% YoY in Apr.

In the fourth month of 2024, China's new energy passenger vehicle market achieved a respective 33.5% and 30% year-on-year surge in production and wholesale volumes, which stood at 802,000 vehicles and 785,000 units, according to data provided by the China Passenger Car Association.

AVATR's third model officially named AVATR 07

On May 10, AVATR, the premium new energy vehicle brand jointly developed by Changan Automobile, Huawei, and CATL, announced its third production model was officially named the AVATR 07.

Geely Panda mini EV’s Go Kart Edition hits market at 45,900 yuan for limited time

On May 9, 2024, the Geely Panda mini EV's Go Kart Edition officially hit the market, offering only one variant priced at 46,900 yuan. With a limited-time cash discount, the price of the Panda Go Kart drops to 45,900 yuan.

NOVAUTO nabs hundreds of millions of yuan in Pre-B financing

On May 9, NOVAUTO announced the completion of Pre-B round financing, which raised for the company hundreds of millions of yuan.

Chery EXEED puts STERRA ET SUV onto market, starting at 189,800 yuan

On May 9, Chery's premium brand EXEED officially put the STERRA ET new energy SUV onto the market. Since the start of pre-sales on April 15, as of 6:00 pm on May 9, the STERRA ET received 18,397 fixed orders, said Chery.

MotionSilicon team up with arm China for auto chips R&D

MotionSilicon recently announced a collaboration with arm China. Leveraging the Arm® Cortex®-R52 and advanced Cortex-R series platforms supplied by arm China, MotionSilicon will utilize its exceptional technical R&D capabilities to develop high-security, high-real-time processor chips to meet the urgent demands of the automotive market for efficient, reliable, and secure control functions.