Gasgoo Daily: Tesla Shanghai’s supercharging trademark applications rejected

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.

Tesla Shanghai’s supercharging trademark applications rejected

Recently, multiple supercharging related trademark applications filed by Tesla Shanghai Co., Ltd. were rejected, including Tesla Supercharge, Supercharge and Supercharging Piles in Chinese characters, and the English trademark TESLA SUPERCHARGER. 

Photo credit: Tesla

GWM-backed autonomous driving company Haomo.ai completes A+ round

Haomo.ai has recently completed its A+ investment round, raising hundreds of millions of yuan. The round was led by the Bank of China Group Investment Limited and participated by Shoucheng Holdings. The company has also kicked off its Series B investment round. 

BYD sets up charging pile sales company in Fuzhou

China’s major EV player BYD has established an indirectly wholly-owned subsidiary named Fuzhou Zhuoyu Auto Sales Co., Ltd. The company is permitted to operated in car sales and charging piles sales. 

WM Motor to launch new private-use E.5 model on April 15

WM Motor announced that its new E.5 model will hit the market on April 15th. Previously, the E.5 is exclusively used for ride-sharing. The new version will be user-driven for public consumers. According to WM Motor, high-end configurations will come standard on the model.

Two Qoros automobile projects removed by Yunnan authorities

According to the Development and Reform Commission of Yunnan province, due to the inability to start construction, two of Qoros’ projects in Kunming city have been removed by the commission. To be specific, the two projects include a new energy vehicle parts manufacturing base, and a local office.

Beijing Borgward files for bankruptcy

Beijing Borgward officially filed for bankruptcy to the First Intermediate People's Court of Beijing Municipality on April 8th, according to its parent company Foton’s announcement.

GAC Capital, Yuexiu Industrial Fund to team up in investment in NEV, ICV industrial chains

GAC Capital, the capital operation and equity investment & financing platform of GAC Group, last Friday inked a strategic cooperation agreement with Yuexiu Industrial Fund for the investment layouts focusing on the new energy vehicle (NEVs) and intelligent-connected vehicle (ICV) industrial chains, according to a post on GAC Group's WeChat account.

Chery Holding triples NEV sales in Q1 with 53,054 vehicles sold

In March, Chery Holding celebrated the third month of positive year-on-year growth in sales this year, with its new energy vehicle sector doing exceptionally well, the auto group reported on April 11th.

Rising Auto to start second round of price rise in 2022

Rising Auto, a SAIC Motor-owned brand focusing on mid-/high-end electric vehicles (EVs), announced last Friday a plan to raise prices of some models due to the factors like the hike in raw materials prices, the second-round price adjustment it has launched so far this year.

FAW Group resumes production in Jilin province

China’s Jilin-based major auto group FAW Group has resumed production on April 11th, according to Sun Jian, head of the Department of Industry and Information Technology of Jilin Province.

China auto sales down by 11.7% YoY in March, 2022

China’s new vehicle sales dropped 11.7% from a year ago to 2.234 million units, but represented a month-over-month jump of 28.4%, according to data from the China Association of Automobile Manufacturers. In the first quarter of this year, the country sold 6.509 million vehicles, up by 0.2% from a year ago.

GAC Honda to stop production, sales of Acura-branded cars from 2023

GAC Honda will discontinue the production and sales of the existing vehicle models under its high-end car brand, GAC Acura, in the beginning of 2023, the Sion-Japanese joint venture announced on April 8.

JAC Group's EV sales surge 67.42% YoY in first quarter

In the third month of 2022, JAC Group saw prominent growth in battery-electric passenger vehicles sales and overall export volume, according to the group’s report released on April 8th.

Great Wall Motor sells 100,930 vehicles in March

Great Wall Motor sold 100,930 vehicles in March, down 8.86% compared to a year ago, with a year-over-year decrease generated by the HAVAL and GWM Pickup brands, the automaker reported on April 10th.

Chinese indigenous brands score YoY rise in March retail sales despite drop in China's overall PV sales

In March 2022, the retail sales of locally-made PVs (referring to cars, MPVs, SUVs and minibuses) in China amounted to around 1.608 million units, dropping 10.9% from a year earlier, while jumping 25.3% compared to the previous month, according to the China Passenger Car Association (CPCA).

Tesla sells 65,814 China-made vehicles in March, 2022

The wholesale volume of China-made Tesla vehicles amounted to 65,814 units in March, the highest one during the first three months of this year, according to the China Passenger Car Association (CPCA).