Gasgoo Daily: BYD Quzhujian 05 to hit market

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. 

BYD Quzhujian 05 to hit market

The new Quzhujian 05 from BYD will hit the market tonight. Its price is expected to range from RMB120,000 to RMB150,000.

Photo credit: BYD

Ganfeng Lithium’s revenues surge 260% YoY

Ganfeng Lithium’s revenues surged 260% from a year ago to RMB3.6 billion in the first two months of this year while the net profit attributable to shareholders of the listed company soared 300% year over year to RMB1.4 billion.

XPeng leads $200 mln round in smart EV-focused fund

Rockets Capital, a China-based private equity firm focusing on investments in the smart energy vehicle (EV) supply chain, announced on March 17 it has closed its first round of over $200 million in capital commitments.

Tesla, Chery Auto lift price on NEVs, XPeng said to raise price in days

On March 17th, Tesla issued a price rise on the Model Y RWD in China, marking the EV maker’s third price increase within a week.

Li Auto releases photos of L9 with flagship-level sound and seat system

Compared to the Li ONE, Li Auto’s only model on the market, the L9 adopts a closed-off front bumper without a grille. Both models have a light stripe running across the front of the car, but the light on the L9 appears more fluent without the grille. The side profile of the L9 and the Li ONE resembles one another, except that the L9 has hidden door handles.

Dongfeng Honda to start presale of e:NS1 BEV on Mar. 18

Presale of the Honda e:NS1, the first Honda-branded full-electric vehicle model dedicated to China, will start on March 16 via Dongfeng Honda's mini program on March 18.

AICC to introduce automotive brain iVBB2.5 by end of the year

On March 16th, Beijing Yizhuang District-backed automotive intelligence company, AICC, announced that it would introduce its newest iVBB2.5 (intelligent vehicle base brain) version by the end of the year.