Gasgoo Daily: Didi continues service in Russia
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.
Didi continues service in Russia
China’s ride-hailing platform, Didi, announced that the company would stay in Russia and continue to serve local drivers and passengers. Notably, on February 21st, the company made a public decision to withdraw from the Russian market starting March 4th due to poor business outcomes.
Photo credit: Didi
NIO sets up car maintenance subsidiary
On March 1st, Shanghai Shouwei Automobile Maintenance Service Co., Ltd. was registered with business scope including car wash and chauffeur services. The company is wholly owned by NIO, with a registered capital of RMB1 million, according to the corporate database, Qichacha.
Hongqi sees Jan.-Feb. sales surge 40% YoY
FAW Group’s featured auto brand, Hongqi, managed to sell 63,800 vehicles in the first two months of 2022, indicating a 40% year-on-year surge.
ORA Ballet Cat rolls off production line
On March 1st, another “Cat” model of Great Wall Motor’s ORA brand, the Ballet Cat, rolled off the production line. The vehicle is reportedly starting presale in early March, priced from RMB200,000.
China’s EV maker, XPeng, saw its monthly delivery jump 180% year on year, with the P7 model making up for over half of the company’s deliveries in February.
In the second month of 2022, Li Auto's monthly delivery volume more than tripled from a year ago, the auto startup reported on March 1st.
NIO announced today its new vehicle deliveries stood at 6,131 units last month, growing 9.9% year on year.
Changan Auto plans to realize scale production of L4 autonomous vehicles by the year 2025, the automaker disclosed on February 28th.
China’s EV startup, Leapmotor, saw its monthly delivery volume soar over 400% year on year in February but more than halved from January 2022, the company reported on March 1st.
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