Gasgoo Daily: Tesla annual vehicle production to reach 20 million vehicles

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.

Tesla annual vehicle production to reach 20 million vehicles

Tesla’s annual global production are expected to reach 20 million vehicles, Liu Yang, head of product communication in Tesla China, said. But the executive didn't give a time.

Zeekr registers new firm in Chengdu

Zeekr incorporated a new sales service company in Chengdu with a registered capital of RMB10 million. The company’s business covers sales of charging piles and centralized super-charging stations.

CaoCao related company adds new business

A Suzhou-based company related to CaoCao Chuxing expanded its business coverage to centralized super-charging stations and sales of new energy vehicles.

CATL accounts for 50.8% of China's Jan.-Sept. power battery installed capacity

In September, China's power battery outputs reached 23.2GWh, surging 168.9% year on year, while also growing 18.9% month on month, according to China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

MIIT: infrastructure of great importance to intelligent vehicles

China’s Ministry of Industry and Information Technology (MIIT) restressed the importance of infrastructure network to the development of intelligent and connected vehicles, in its response to the proposals of GAC Group’s chairman.

iMotion closes C-round investment

China’s startup autonomous driving solution provider, iMotion, announced the completion of the company’s C-round of financing worth hundreds of millions of RMB, led by a mixed ownership reform fund of a special commission of the China State Council.

CATL’s subsidiary to build battery cathode material production base in Yichang

Guangdong Brunp Recycling Technology Co., Ltd. (Brunp Recycling), whose majority shareholder is CATL, plans to build a new energy vehicle (NEV)-related power battery cathode material industrial park in Yichang, central China’s Hubei Province, according to the agreements it signed on October 12.

Baidu Apollo demonstrates autonomous mining truck operation

Baidu Apollo publicly showed its unmanned mining truck achievements with Huaneng Yimin Coal and Electricity Company (Yimin), a subsidiary of the state-owned China Huaneng Group Co., Ltd., marking the first machine-learning-powered intelligent vehicle application under mining scenario in China.

Xiaomi-backed industrial funds become investors of Ganfeng LiEnergy

Jiangxi Ganfeng LiEnergy Technology Co., Ltd. (Ganfeng LiEnergy), a Chinese lithium power battery manufacturer, recently introduced many new investors, two of which are industry funds backed by Chinese smartphone giant Xiaomi, namely, Hubei Xiaomi Yangtze River Industry Fund Partnership (L.P.) and Hainan Jimu Venture Capital Co., Ltd., according to the enterprise information inquiry platform Qichacha.

General Motors Q3 China sales drop, only Wuling sales growing

Last quarter, the American company delivered 623,000 vehicles in the biggest market, down by 19.24% from a year earlier. By the end of September, its year-to-date deliveries in China amounted to 2.153 million vehicles, increasing 10.69% year on year.