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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 invests in semiconductor company
TYSiC, a semiconductor technology company in Dongguan, added BYD to its investor list. The company, established in January, 2009, has a business scope including development, manufacturing and sale of semiconductor materials and devices.
Denza D9 to hit market in July
The Denza D9 will hit the market in July before its delivery commences in August, Zhao Changjiang, general manager of Denza’s sales division, disclosed through his personal Weibo account. The orders of the model have surpassed 20,000 units.
D9; photo credit: DENZA
Li Auto registers new firm in Beijing
Li Auto incorporated a wholly-owned subsidiary in Beijing with a registered capital of RMB160 million. The new firm’s business scope includes wholesale of automotive components, manufacturing of automotive parts and property management.
e:NP1 to hit market on June 20
The e:NP1 from GAC Honda, the joint venture between GAC Group and Honda Motor, will hit the market on June 20. The new model has started presale with a price range of 175,000 yuan to 205,000 yuan ($26,240-$30,740) unveiled at the same time.
Ford’s C-V2X system deployed in Xi’an
On June 15th, Ford announced that it has successfully deployed its C-V2X system in Xi’an, the capital of Shaanxi Province, marking the fourth city in China to adopt Ford’s technologies after Wuxi, Changsha, and Guangzhou.
Lynk & Co kicks off presale of first hybrid vehicle on E-Motive system
Lynk & Co recently launched its first hybrid vehicle model built on its intelligent hybrid technology Lynk E-Motive, the 01 EM-F, and kicked off its presale.
SGMW’s Wuling Jia Chen MPV starts at 68,800 yuan
SAIC-GM-Wuling (“SGMW”), General Motors’ joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, launched on June 15 the all-new seven-seater family MPV model, the Wuling Jia Chen.
Greater Bay Technology to build joint venture with BIT-backed firm
Greater Bay Technology (“GBT”), a supercharging technology developer incubated by GAC Group, and Guangdong Huafeng New Energy Technology Co., Ltd. (“HFCC”) intend to set up a joint venture that focuses on the R&D and production of fast-charging batteries and the new-generation energy storage devices and systems, HFCC announced on June 16.
Tencent Smart Transportation to deploy products onto Desay SV’s smart cabin platform
China’s auto part supplier Desay SV inked a strategic cooperation agreement with Tencent Smart Transportation at the tech giant’s online ceremony on June 14th.
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