Automobiles News

Geely Automobile names new executive director

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Geely Automobile names new executive director

Mr. Gan Jiayue has been appointed as an executive director of Geely Automobile Holdings Limited with effect from 25 July 2022, the HK-listed company announced today.

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Photo credit: Geely

SAIC Audi starts presale of Audi Q6

On July 24, SAIC Audi officially started presale of the Audi Q6 with a price range of 500,000 yuan to 650,000 yuan ($74,000-$96,210). Riding on the MQB Evo platform, the Audi Q6 is the third production model and the first full-sized SUV under the SAIC Audi project.

BASiC Semiconductor, GAC AION forge strategic partnership

On July 22, GAC AION inked a strategic cooperation agreement and a long-term procurement deal with chip supplier BASiC Semiconductor.

LYNK & CO 01 EM-F hits market

The LYNK & CO 01 EM-F recently went on sale with a price range of 181,800 yuan to 203,800 yuan ($26,910-$30,160). It is armed with the LYNK E-MOTIVE smart hybrid system.

New Jeep Renegade to hit market in China this year

The new Jeep Renegade will go on sale in China this year as an imported model.

China imported PV sales drop 25.6% YoY in H1 2022

For the first half of 2022, there were 367,632 imported passenger vehicles (PVs) delivered across China, representing a 25.6% decrease year over year, according to Sinomach Automobile Co., Ltd., China’s largest dealer of imported vehicles.

ZongMu Technology introduces new intelligent driving/parking products

On July 25th, China’s autonomous driving developer ZongMu Technology introduced its parking technology platform, Drop’nGo®, and driving/parking integrated product at a launch event.

China’s locally-made PV retail sales anticipated to grow 17.8% YoY in July 2022: CPCA

China’s passenger vehicle (“PV”) retail sales are anticipated to reach 1.77 million units in July 2022, growing 17.8% and 10.7% compared to the same span of 2021 and 2020, respectively, according to the China Passenger Car Association (“CPCA”).

Trial production factory of XPeng-backed flying car firm starts operation

XPENG AEROHT, the UAM (urban air mobility) company affiliated with XPeng Inc., saw its trial production factory begin operation on July 25, according to a Weibo post by He Xiaopeng, chairman of XPeng.

Pure-electric AITO M5 EV to debut in Q3 2022

AITO, the brand jointly developed by Huawei and SERES, released new information and photos of its first battery-electric production model, the M5 EV.

China’s battery recycling firm JieCheng New Energy closes Series A round

Chinese battery recycling company JieCheng New Energy recently completed its Series A financing with over 100 million yuan ($14.801 million) raised, according to a local media outlet.

Gotion High-Tech approved by CSRC to issue GDRs, go public in Switzerland

Gotion High-Tech Co., Ltd., (“Gotion High-Tech”) announced last week it had received the approval for initial public offering of Global Depositary Receipts (“GDR”) and public listing on the SIX Swiss Exchange AG from the China Securities Regulatory Commission (“CSRC”).

Great Wall Motor’s general manager resigns

General manager of Great Wall Motor, Wang Fengying, resigned from his current position due to work adjustments, and her position will be filled by Mu Feng, another executive of the company.

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