Gasgoo Daily presents a selection of the latest developments from China's automotive industry. Here are the key stories in this edition.
FAW-Volkswagen and Volkswagen Group Sign MoU, with Audi Vehicles and Parts Set for Import in 2027
The 9th China International Import Expo (CIIE) opened in Shanghai on November 5. Gasgoo learned that during the event, FAW-Volkswagen Automotive Co., Ltd. and Volkswagen Group signed a memorandum of understanding (MoU) on vehicle and component imports. Under the agreement, FAW-Volkswagen will import selected components and complete Audi vehicles from Volkswagen Group in 2027, further expanding its product lineup in China.
The agreement is part of the long-standing cooperation between the two sides. In recent years, FAW-Volkswagen and Volkswagen Group have continued to use the CIIE as a platform to deepen their partnership, advancing the import of components and complete Audi vehicles while strengthening collaboration across supply chains, product development, market expansion, and overseas exports.
BYD Second-Generation Seal 07 Hits Market, With Trade-In Prices Starting at RMB 135,900
BYD's second-generation Seal 07 hit the market on November 5, offering BEV and PHEV versions at special trade-in prices ranging from RMB 135,900 to RMB 168,900, accroding to BYD. Positioned as a mid-to-large-size sedan, the new model is the first BYD vehicle to feature the DiSus-M intelligent magnetorheological body control system and Smart Ecosystem 2.0.
BYD and vivo Sign Strategic Partnership to Develop AI-Powered Mobility Ecosystem
BYD and vivo have signed a strategic cooperation agreement in Shenzhen, China, to deepen collaboration in AI cross-device integration, smartphone-car connectivity, digital car keys and in-car fast charging, accroding to BYD. Combining their respective strengths in new energy vehicles and smart devices, the two companies aim to build an integrated AI ecosystem connecting vehicles and smartphones.
