China Auto News @AutoCango
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Nvidia Enhances Collaboration with BYD, Xpeng, and GAC Aion Hyper
During Nvidia's 2024 GTC AI Conference, the company announced that leading Chinese automakers such as BYD, GAC Aion Hyper, and Xpeng have opted for the Drive Thor chip to power their upcoming consumer and commercial fleets.
XPeng Motors: Entering a "Major Product Cycle" in the Next 3 Years, the All-New Brand "MONA" Set to Debut at the Beijing Auto Show
AutoCango recently learned from public sources that Xiaopeng Motors (09868.HK/XPEV.US) disclosed its financial report for the fourth quarter and full year of 2023 on the evening of March 19th.
Upgraded BYD Frigate 07 Launches with a Lower Startup Price of RMB 179,800
On March 18th, BYD officially launched the Honor Edition of its Frigate 07 (驱逐舰07荣耀版), offering a total of 5 models with prices ranging from 179,800 to 259,800 yuan. The intelligence and configuration have been significantly upgraded. AutoCango takes you to explore its configuration.
IM Motors: IM L6 is Set to Debut at Beijing Auto Show, and Launch in May
Recently, IM Motors officially announced that its all-new model, the IM L6, will adopt advanced VMC intelligent digital chassis technology and is planned to showcase the actual vehicle at the 2024 Beijing Auto Show, with the new car set to be officially launched in May this year.
Lynk & Co Embraces Full Electrification with the Zero Model
Chinese used car export service provider AutoCango learned, Lynk & Co is set to reveal its latest pure-electric vehicle, likely named the Zero, at the European Design Center in April.
Cheaper Than BYD ATTO 3, BYD Releases Its Cheapest SUV Yuan UP at $11,000
BYD unveils its latest addition to the Dynasty series with the launch of the Yuan UP, expected to start at RMB 79,800 (≈11,000 USD). Positioned lower than BYD ATTO 3, Yuan UP is the cheapest SUV of BYD.
XPENG to Launch New Brand Next Month with Advanced Smart Driving, Priced at 100,000 to 150,000 Yuan
XPENG revealed plans to introduce a new brand targeting the global automotive market in the 100,000- to 150,000-yuan price range in April.
China's Automobile Exports Surge by Over 30% in First Two Months of 2024
Industry data indicates that China's automobile exports surged by 30.5 percent year-on-year in the first two months of 2024.
ZEEKR's New Model 001 Receives Over 20,000 Pre-orders in Less Than 20 Days
On March 17th, ZEEKR announced that their new model, the ZEEKR All New 001, has received over 20,000 pre-orders in less than 20 days since its launch, with a target sales volume of 30,000 units in its first month on the market.
BYD Chairman Anticipates China's NEV Market Penetration to Surpass 50% in Next 3 Months
Speaking at the China EV 100 Forum in Beijing, Wang revealed that the NEV penetration rate had already surpassed 48.2 percent the previous week. With this trajectory, he estimates that the 50 percent threshold could be crossed in the upcoming three months, possibly even sooner.
GAC Motor, Voyah Motor, Leapmotor, and Kaiyi Auto Join HarmonyOS Ecosystem
GAC Motor, Voyah Motor, Leapmotor, and Kaiyi Auto have officially joined the HarmonyOS ecosystem, becoming the first batch of automotive industry partners to develop native applications for HarmonyOS.
NIO Signs Deal with CATL to Jointly Develop Long-life Batteries
NIO (NYSE: NIO) has entered into a new collaboration agreement with its power battery supplier CATL (SHE: 300750) to create longer-life electric vehicle (EV) batteries.
Dongfeng eπ 007 Enters Market at 22,100 USD in China
On March 14, Dongfeng unveiled its eπ 007 electric sedan, available in four models, including EREV and BEV versions, priced between 159,600 and 199,600 yuan (22,100 – 27,800 USD). BEV deliveries start on March 14, while EREV deliveries commence on August 1.
Neta Thailand Factory Begins Mass Production, Capable of Producing 20,000 Vehicles Annually
On March 13th, Neta announced a significant milestone in the Thai market. Neta Thailand subsidiary has obtained the Thai government's certification under certificate number 185, signaling the official commencement of large-scale production at the Neta KD factory in Thailand.
BYD DOLPHIN and ATTO 3 Triumph at the "2023 Japan EV of the Year" Awards
The "2023 Japan EV of the Year" awards saw BYD winning prestigious spots—the DOLPHIN taking the top prize and the ATTO 3 securing third place—an incredible feat for an international entrant in such a short period.
NIO Released the Official Name "Onvo" for Nio Alps
Nio's (NYSE: NIO) second brand, codenamed Alps, adopts the name Onvo in English and Ledao (乐道) in Chinese, as revealed by recent spy shots.
AVATR 11 Intelligent Driving Edition Launches in Market
On March 11, AVATR, a premium new energy vehicle brand jointly supported by Changan Automobile, Huawei, and CATL, officially launched the AVATR 11 Intelligent Driving Edition, starting at a limited-time price of 250,000 yuan.
BAIC and Huawei's Electric Sedan 'Xiangjie S9' Listed in MIIT's Catalog
The recent release of China's Ministry of Industry and Information Technology (MIIT) vehicle model catalogue unveiled the collaboration between Huawei and BAIC BluePark, introducing their inaugural vehicle model named the Xiangjie S9.
China's NEV Retail at 154,000 in Mar 1-10, up 64% MOM
Retail sales of new energy vehicles (NEVs) in China surged to 43.38 percent during the March 1-10 period, marking significant growth in the sector.
AIC Collaborates with CATL and Xiaomi Auto to Establish Advanced Battery Cell Manufacturing Facility
BAIC BluePark New Energy Technology announced plans to establish a platform company with BAIC Investment and Beijing Hainachuan to ensure a stable power battery supply. The platform company, with a registered capital of ¥390 million ($54 million), will form a joint venture, Beijing Era New Energy Technology Co., Ltd., alongside CATL and Xiaomi Auto.
Xiaomi Set to Unveil SU7 Electric Vehicle on March 28
Xiaomi CEO Lei Jun made an announcement on Weibo, setting the official release date of the Xiaomi SU7 electric vehicle for March 28.
China's First 3.0T V6 Plug-in Hybrid Luxury Off-road Tank 700 Begins Deliveries
The Tank 700 Hi4-T Limited Edition hit Chinese delivery centers on March 10th, with Great Wall Motors Chairman Wei Jianjun personally presenting keys to new owners.
Zeekr Files for New 5-Seat All-Electric MPV Zeekr Mix
Zeekr, the luxury electric vehicle (EV) subsidiary under Geely Holding Group, has officially filed for approval for its upcoming model, the Zeekr Mix. This new filing indicates that the Zeekr Mix is set to become the second Multi-Purpose Vehicle (MPV) in Zeekr's lineup, following the introduction of the Zeekr 009.
Ji Yue Receives L3 Autonomous Driving Test License
On March 8, the Optics Valley of China, also known as the Wuhan East Lake High-tech Development Zone, initiated the L3 intelligent connected vehicle road-testing project and granted its inaugural L3 autonomous driving test license. This significant license was awarded to Ji Yue, the automotive robot brand jointly supported by Baidu and Geely.
NIO Initiates Recruitment for Beta Testers of NOMI GPT, Its AI-driven Voice Assistant
Nio (NYSE: NIO) is seeking innovative testers for its NOMI GPT, a virtual voice assistant harnessing artificial intelligence (AI) technology to enhance the interactive experience within electric vehicles (EVs).
Li Auto Initiates Deliveries of Its Highly Anticipated Li MEGA MPVs
On March 11, Li Auto initiated the official delivery process for its Li MEGA battery-electric MPV model, accompanied by several upgrade plans tailored to enhance the driving experience based on user feedback.
Automakers' Share in China's NEV Market in Feb: BYD tops with 30.6%, Tesla 3rd with 7.8%
China's NEV Market Rankings for January-February
Huawei and BAIC's Jointly Developed Brand to Unveil 1st Model at Beijing Auto Show
A new executive sedan, jointly developed by Huawei and BAIC BluePark (SHA: 600733), is set to debut at the upcoming Beijing Auto Show, marking the return of the event after a four-year hiatus.
Li Auto Plans to Have over 5,000 Supercharging Stations by 2025
Li Auto, entering the battery electric vehicle (BEV) market, plans a substantial expansion of its charging network by 2025.
Lynk & Co Unveiled Its First Plug-in Hybrid the 07 EM-P
Lynk & Co has unveiled its second sedan, the 07 EM-P, in China, expanding its lineup with a plug-in hybrid offering.