Gasgoo Daily brings you important automotive news from China every day. For those we report on, the article title contains a hyperlink with more information.
China’s monthly car exports will reach approximately 500,000 units in September 2023
Cui Dongxiu, secretary-general of the China Passenger Car Association, said this week through his personal WeChat account that China’s car exports will reach about 500,000 units in September 2023, an increase of 36% compared to a year ago.
In the first nine months of this year, China exported about 3.71 million cars, representing a 60% jump from a year earlier and exceeding sales for the full year of 2022.
Photo courtesy of GAC AION
JI YUE 01, released on October 27th
JI YUE, an automotive robocar brand supported by Geely and Baidu, will release its first model, JI YUE 01, on October 27th. Pre-orders for this model began in September, with a price of 259,900 yuan.
Photo provided by: JI YUE
NXP Semiconductors opens electrification application lab in China
On October 24, NXP Semiconductors announced the official launch of the NXP Electrification Applications Lab in China. This lab is NXP’s first dedicated electrification lab in Japan.
FAW Jiefang cooperates with Huawei in cement AI, intelligent driving, and intelligent cockpit
On October 24, FAW Jiefang Automobile Co., Ltd. (hereinafter “FAW Jiefang”), a truck manufacturing company under the FAW Group, and Huawei Technology Co., Ltd. (hereinafter “Huawei”) signed a memorandum of understanding to strengthen their strategic partnership. did. The agreement (MoU) includes cooperation in areas such as AI, intelligent driving and intelligent cockpits.
Great Wall Motor aims to export 1 million units annually by 2025
Great Wall Motors (GWM), a legacy Chinese automaker, held the 2023 GWM Investor Day on October 25th in its home city of Baoding. Based on the premise that “please continue for a long time”. “Go with the world.”, GWM’s achievements and business strategies related to overseas markets were announced.
Pony.ai, Saudi Arabia’s NEOM raises $100 million in latest funding round from NIF
On October 25, Chinese self-driving technology developer Pony.ai received an investment worth $100 million from the Saudi megaproject NEOM (New City of Future) and its wholly-owned sub-fund NEOM Investment Fund (“NIF”). It was announced that it had been secured. .
BYD exhibits 5 new energy vehicle models at Japan Mobility Show 2023
At the 47th Tokyo Motor Show (now renamed Japan Mobility Show), which opened on October 25th, BYD became the first Chinese automaker to participate in this grand event, and unveiled five new energy vehicle (NEV) models. and exhibited core technologies. Exhibition.
Highlights of XPeng’s 2023 TECH DAY
On October 24th, Chinese smart electric vehicle (EV) manufacturer robotics, etc.
GAC Mitsubishi becomes a wholly owned subsidiary of the GAC Group
On October 24, GAC Group announced that its board of directors has approved the “announcement of transactions related to the organizational restructuring of GAC Mitsubishi.” The restructuring plan includes stock adjustments within GAC Mitsubishi and GAC Mitsubishi Motors Sales Company.
Once this reorganization is complete, GAC Mitsubishi will become a wholly owned subsidiary of the GAC Group, while GAC AION will utilize GAC Mitsubishi’s facilities to increase its production capacity. Additionally, GAC Mitsubishi Motors Sales Company will be jointly owned by GAC Group, Mitsubishi Motors Corporation and Mitsubishi Corporation, ensuring the continuous provision of spare parts and after-sales services to GAC Mitsubishi vehicle owners.
NETA Auto starts general vehicle sales in Indonesia
On October 24, Chinese new energy vehicle manufacturer NETA Auto announced that it has begun comprehensive sales of its products in Indonesia, with the first model, NETA V, being launched in the local market for 3.79 billion Indonesian rupiah.
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