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Gasgoo Daily: CATL builds wholly-owned subsidiary in Sichuan

Monika From Gasgoo| January 14 , 2022 18:56 BJT

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.

CATL builds wholly-owned subsidiary in Sichuan

Sichuan CATL New Energy Resource Co.,Ltd. was founded on Jan.13 as a wholly-owned subsidiary of CATL, according to the corporate database Tianyancha. It is permitted to operate such businesses as mineral processing, sale of metallic minerals, and R&D of new material technologies.

Gasgoo Daily: CATL builds wholly-owned subsidiary in Sichuan

Photo credit: CATL

Midea Group sets up auto parts subsidiary in Anqing, Anhui province

Anqing Welling Auto Parts Co.,Ltd. was incorporated on Jan. 12 in Anqing city with a registered capital of 200 million yuan ($31.44 million), according to the corporate database Tianyancha. Its line of businesses extends to cover manufacturing, R&D, and wholesale of auto parts. The company is indirectly held by Guangdong Welling Auto Parts Co.,Ltd, which is jointly controlled by Midea Group and Foshan Midea Air Conditioning Industry Investment Co., Ltd.

VW China shuts two plants in Tianjin due to COVID-19 resurgence

Volkswagen Group's China unit said on Jan. 13 it has shut a plant it jointly runs with FAW Group in the city of Tianjin, as well as a component factory, due to recent COVID-19 resurgence there.

Dongfeng Sokon starts presale of Fengguang MINIEV

Chinese automaker Dongfeng Sokon started presale of the Fengguang MINIEV earlier this week. Presale prices of three trim levels range from 28,600 yuan ($4,495) to 41,600 yuan ($6,540). The new BEV model is expected to hit the market in the first quarter of 2022.

Dongfeng Trucks forges strategic partnership with SPIC Hydrogen Energy Co.,Ltd.

Dongfeng Trucks and SPIC Hydrogen Energy Co.,Ltd. entered into a strategic cooperation agreement a few days ago. Both parties will jointly promote Dongfeng Trucks’ complete vehicles equipped with SPIC Hydrogen Energy’s fuel cell system and plan to popularize 1,000 fuel cell heavy-duty trucks over next two years.

Geely-backed ride-hailing platform Cao Cao Mobility to achieve carbon neutrality by 2030

Cao Cao Mobility, the ride-hailing platform of Chinese automaker Geely Auto, aims to achieve the goal of carbon neutrality by 2030 and targets zero emission for all mobility service orders by 2035, the mobility service provider announced on Jan. 13. 

Tesla launches 22 supercharging stations in Chinese mainland in Dec. 2021

Tesla built 22 supercharging stations and 128 Superchargers in 21 cities and counties in Chinese Mainland, including Qingdao, Beijing, Anqing, Lu'an, Suzhou, Zhenjiang, and Zhuhai, the company recently announced.

Ford Motor sees China sales in 2021 grow 3.7% YoY

Ford Motor sold nearly 625,000 new vehicles in China in 2021, representing a year-on-year growth of 3.7%, the U.S.-based automaker said on Jan. 14.

Unmanned mining solution provider WAYTOUS nabs 300 million yuan in C funding round

Chinese unmanned mining solution provider WAYTOUS has bagged nearly 300 million yuan ($47.159 million) in a Series C round, the company announced on Jan. 13, resulting in over 500 million yuan ($78.6 million) in cumulative money secured over the past half-year.

EVE Energy gets 49% stake in Qinghai-based lithium salt producer for 200 million yuan

Huizhou EVE Energy Co.,Ltd. (“EVE Energy”), a Chinese power battery maker headquartered in Huizhou city, announced earlier this week it has successfully obtained a 49% stake in Qinghai Qaidam Xinghua Lithium Salt Co.,Ltd. (“Xinghua Lithium Salt”), marking a significant progress for EVE Energy's deployment of battery raw materials.

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