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Gasgoo Daily: Chery New Energy to purchase RMB5 billion worth of battery from JEVE
Gasgoo Daily: Chery New Energy to purchase RMB5 billion worth of battery from JEVE

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.

Mar. 2 , 2022
China’s WM Motor lifts price of EX5-Z all-electric SUV due to auto parts price rise
China’s WM Motor lifts price of EX5-Z all-electric SUV due to auto parts price rise

Chinese new energy vehicle (NEV) startup WM Motor recently said it would bump up the prices of the EX5-Z by 3,000 yuan ($475) to 4,000 yuan ($635) due to the increase in auto parts prices and other factors, effective from March 1, 2022.

Mar. 2 , 2022
Another autonomous driving company settles in Jiading, Shanghai
Another autonomous driving company settles in Jiading, Shanghai

On March 2nd, Shanghai Jiading District authorities announced that, the Jiading-based Shanghai Chuzhen Intelligent Technology Co., Ltd. was granted a construction permission for its autonomous driving product manufacturing base in the district.

Mar. 2 , 2022
China’s Autonomous driving startup Nullmax partners with auto supplier BiTECH
China’s Autonomous driving startup Nullmax partners with auto supplier BiTECH

China’s autonomous driving startup, Nullmax, has partnered with local automotive electronics supplier BiTECH Automotive for autonomous driving development, the company announced on March 2nd.

Mar. 2 , 2022
China’s Sunwoda EVB to plow 12 billion yuan in building 30GWh power battery plant
China’s Sunwoda EVB to plow 12 billion yuan in building 30GWh power battery plant

Sunwoda Electric Vehicle Battery Co., Ltd. (“Sunwoda EVB”) is ready to sign an agreement with the Zhuhai municipal government to build a power battery manufacturing base in the city of China’s Guangdong province.

Mar. 2 , 2022
Yueda Investment renounces capital increase in Dongfeng Yueda Kia
Yueda Investment renounces capital increase in Dongfeng Yueda Kia

Yueda Investment, one of the two remaining shareholders of Dongfeng Yueda Kia (DYK), announced on March 1st that the company would not participate in DYK’s capital increase.

Mar. 2 , 2022