Gasgoo Daily: NIO Auto Technology Co., Ltd. deregistered

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 Auto Technology Co., Ltd. deregistered

According to the business data platform Tianyancha, NIO Auto Technology Co., Ltd. was recently deregistered. Founded in July 2019, it was co-held by NEXTEV LIMITED and NEXTEV USER ENTERPRISE LIMITED. Its line of business included the wholesale of auto parts and the development of NEV and auto parts-related technologies.

CATL's honorary chairman passes away

Dr. Zhang Yujie, the honorary chairman of CATL, passed away on February 14, 2022 at the age of 79 due to ineffective treatment.

FAW-Toyota expected to launch new MPV as Sienna's sister model

According to a local media outlet, FAW-Toyota is ready to launch a new MPV model coded named 018D this year. The new vehicle is likely to be the sister motor of GAC Toyota’s Sienna.

SAIC Volkswagen to start presale of 2022 Viloran in late February

SAIC Volkswagen is about to begin the presale of the 2022 Viloran MPV in late Feb. 2022. The model will officially hit the market in the first quarter this year.

Li Auto’s CTO Wang Kai said to resign

Wang Kai, the CTO of Li Auto, is said to leave the uprising Chinese auto startup soon, while its co-founder and head engineer Ma Donghui is taking over the former’s projects, a local media outlet reported on February 15th.

Faurecia breaks ground on automotive electronics factory in China’s Jiangxi province

On Feb. 15, Faurecia Clarion Electronics, a business group of the leading auto parts supplier Faurecia, broke ground on its intelligent “future factory” in Fengcheng, a county-level city in China's Jiangxi province, marking a significant headway for Faurecia China’s full-industrial-chain automotive electronics project.

Bosch-backed UAES partners with Horizon Robotics for automotive computing platform mass-production

On Feb. 14, China’s AI chip developer, Horizon Robotics, forged a strategic partnership with UAES, Bosch’s automotive electronics joint venture to develop a cross-domain onboard computing platform.

Former VW China icon Soh Weiming’s EV startup said to land RMB10 billion investment

Beijing BeyonCa Information Technology Co., Ltd., the automobile startup founded by former Volkswagen China’s iconic figure, Soh Weiming, is reportedly received RMB10 billion ($1.58 billion) strategic investment from Wuhan Changjiang Capital, a local media outlet reported on February 15th.

NIO to launch fire new SUV model ES7 in April

Chinese startup NIO plans to launch an all-new model, named ES7, in mid-April 2022, Qin Lihong, Co-founder and President of NIO, revealed on Feb. 15.

HUAWEI, SERES’s AITO M5 said to start scaled delivery in March

China’s ICT giant, HUAWEI, and automaker SERES’s collaborative AITO M5 EV model is reportedly to start scaled delivery in March 2022, a local media outlet heard from the company.

Audi-FAW joint venture greenlighted to build NEV plant with 150,000-unit annual capacity

Audi FAW New Enery Vehicle Co., Ltd., a joint venture between FAW Group and Audi, plans to break ground on its NEV plant in Changchun city, Jilin province in April 2022 and the construction is set to be completed in December this year, according to a notice posted on the website of Jilin Province Development and Reform Commission.

XPeng adds four new variants for P5 series

The XPeng P5, the third mass-produced model of XPeng, has greeted four new trim levels—the 460G+, the 460E+, 510G, and 510E, which are priced from 164,700 yuan ($25,930) to 193,300 yuan ($30,430), according to the product breakdown posted on the startup’s website. The advent of the new members made the P5’s lineup expanded to 10 variants in total.

Great Wall Motor’s ORA, TANK brands see Jan. sales grow YoY

Great Wall Motor’s January total sales performance did not match the same period from a year ago. However, sales of its ORA and TANK brands brought home a win. In January, Great Wall Motor sold a total of 111,778 vehicles, decreasing 19.59% year on year.