Gasgoo Daily: NIO said to unveil second sedan model on NIO Day

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.

NIO said to unveil second sedan model on NIO Day

Photo credit: NIO

NIO will reportedly unveil its second sedan model on the NIO Day next week. The mysterious model is said to dubbed ET5.

CATL to build joint venture with copper foil supplier Jiayuan Technology

CATL and its copper foil supplier Jiayuan Technology recently signed a MoU for the intention to build a joint venture working on building and operating a manufacturing base with annual capacity of 100,000-ton high-performance copper foil.

SVOLT eyes annual battery capacity goal of 600GWh for 2025

SVOLT Energy Technology Co., Ltd. is ambitious to hit a goal of 600GWh annual power battery capacity by 2025, 340GWh of which will be offered to its five major PV clients.

GWM's TANK 500 HEV makes debut in Thailand

The HEV (hybrid electric vehicle) version of Great Wall Motor's TANK 500 SUV was recently unveiled in Thailand. Compared to the oil-fueled version launched in China, the TANK 500 HEV carries a hybrid powertrain including a 2.0-liter turbocharged engine.

Geely founds battery management subsidiary

Hangzhou Yineng Battery Management Technology Co.,Ltd. was set up on Dec. 7 as a wholly-owned subsidiary of Geely Auto Group, according to the business data platform Tianyancha. It has a line of businesses covering the operation of EV charging infrastructures and centralized quick charging stations, the charging service for motor vehicles, and the sales of charging piles.

Wanda Group's auto arm builds subsidiary in Beijing

Wanda Automobile Technology Service Co.,Ltd., which was founded in late Nov. as the automotive sales and service unit of Chinese conglomerate Wanda Group, recently set up a wholly-owned subsidiary in Beijing, whose business scope encompasses the wholesale of automobile and auto parts, the EV charging, parking, and car rental services, according to Tianyancha.

GCL-ET, FAW Jiefang, Envision AESC team up on development of battery swapping products

Chinese clean energy project developer GCL Energy Technology said it has signed an agreement with FAW Jiefang and Envision AESC (Jiangsu) Co.,Ltd. to jointly work on the development, technical upgrade and standardization of batter swapping products.

BAIC BJEV Nov. sales remain flat MoM

BAIC Bluepark, the holding company of BAIC BJEV, saw a year-on-year increase in its November sales while production remained low. The company’s Nov. sales volume remained flat from a month ago at 2,471 vehicles, representing a 29% rise compared to last year. The year-to-date sales volume of BAIC BJEV amounted to 21,929 vehicles by November, dropping 11.85% year on year.

Tesla sells 52,859 China-made vehicles in November

Tesla sold 52,859 China-made vehicles in November, according to the China Passenger Car Association (CPCA). That included 21,127 vehicles that were exported to other countries last month.

Xiaomi, HUAWEI granted automotive intelligence safety patents separately

China's telephone giants, Xiaomi, who is making cars, and HUAWEI, who vowed not to make cars, unveiled separate automotive intelligence-related patents recently, according to the corporate database, Qichacha.

Black Sesame joins hands with Jingwei Hirain for autonomous driving development

China's AI chip developer Black Sesame has joined hands with Jingwei Hirain, an electronic system supplier, to collaborate on autonomous driving and other automotive-related developments.

SAIC Motor, CATL's battery system JV sees birth of first CTP tech-enabled battery pack

United Auto Battery System Corp., a 51/49 joint venture between SAIC Motor and CATL, recently put its first CTP (Cell to Pack) battery pack assembly line into operation with the first mass-produced E2 battery pack rolling off the line on the same day, according to a post on the joint venture's WeChat account.

Gotion High-Tech starts building 50GWh battery manufacturing base in Hefei

On Dec. 7, Gotion High-Tech broke ground on a new battery manufacturing base in Xinzhan High-tech Industrial Development Zone of Hefei city, the capital of east China's Anhui province, the company announced via its WeChat account, as part of the efforts to realize its annual battery capacity goal of 300GWh by 2025.

Former VP at Hyundai Motor Group (China) joins Wanda Group's auto tech service firm

Li Hongpeng has resigned as Vice President of Commerce with Hyundai Motor Group (China) Ltd. and will become President of Wanda Automobile Technology Service Co.,Ltd., the automotive business unit of Chinese multinational conglomerate Wanda Group, from Jan. 2022, according to a local media outlet.

DeepRoute.ai introduces L4 autonomous driving solution under $10,000

China's autonomous driving developer, DeepRoute.ai, has introduced its L4 level autonomous driving solution that costs less than $10,000, setting a new record in the industry.

JAC Group Nov. battery-electric PV sales skyrocket 177.6% YoY

JAC Group reported a prominent November sales performance, with growing sales results in both commercial and passenger vehicle sectors. The battery-electric passenger vehicle sector managed a soaring 177.6% increase from a year ago, and the SUV sector at 98.7%.