Gasgoo Daily: CATL, Yinbang Clad Material sign MoU

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, Yinbang Clad Material sign MoU

Chinese new materials provider Yinbang Clad Material Co., Ltd announced it has signed an MoU with CATL to supply the latter with its battery water-cooling plates that will be used in new energy vehicles and energy storage devices. The supply volume should be no less than 361,800 tonnes in total for the period from Jan. 1, 2022 to Dec. 31, 2026.

Photo credit: CATL

HOZON Auto releases new photos of NETA S

Chinese EV startup HOZON Auto released a new set of photos of its all-new flagship pure electric sedan model, the NETA S, which will hit the market this year.

NETA S; photo credit: NETA

Rising Auto’s R7 caught in patent images

China’s MIIT recently released the patent images of the R7, the first flagship production model under Rising Auto, a NEV brand of SAIC Motor.

Rising Auto's R7; photo credit: MIIT

Geely Auto to start presale of Geely Binrui COOL

Geely Auto will kick off the presale of its all-new sedan model, the Binrui COOL, tomorrow. The model will vie with the MG5 Scorpio and the Trumpchi EMPOW.

SGMW to start presale of Jiachen MPV in late April

SAIC-GM-Wuling (SGMW), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, will begin the presale of the Jiachen MPV in late April, according to a local media outlet. The vehicle is the third production model bearing Wuling's global silver badge.

FAW Group resumes operations at all five car plants in Changchun

Currently, FAW Group’s five automobile plants in Changchun city, Jilin province have all resumed operations.

China's Hirain Technologies' IPO day scheduled on April 19th on SSE

China’s automotive electronics suppler, Beijing Jingwei Hirain Technologies Co., Ltd. announced today that the company will start public trading on April 19th, at the STAR Market board of the Shanghai Stock Exchange.

CATL begins EVOGO battery swap service in Xiamen city

On April 18, CATL officially launched its battery swap service “EVOGO” in Xiamen, the first city to introduce this service, according to a post on CATL's WeChat account.

JIDU unveils dual-LiDAR autonomous solution with photos

On April 18th, Baidu’s JIDU released photos of the front, headlights, and the hood of its first automotive robot, revealing its exclusive dual-LiDAR solution for the first time.

Horizon Robotics, ThunderSoft set up joint venture for intelligent driving

On April 18th, China’s AI chip supplier Horizon Robotics announced that it would establish a joint venture for intelligent driving with leading OS developer, ThunderSoft.

China's AD developer AutoBrain partners with HIKAUTO for ADAS advancement

China's autonomous driving company AutoBrain partnered with automotive electronics supplier, HIKAUTO, for integrated ADAS development.

The two companies plan to establish a long-term sustainable partnership that benefits both parties in technological accumulation and industrial resources within the automotive electronics and artificial intelligence fields.  AutoBrain and HIKAUTO will develop an integrated solution that fully satisfies automakers’ various demands.

SAIC-backed IM Motor's L7 hits market, starting at 368,800 yuan

IM Motor, a joint venture among SAIC Motor, Alibaba and Zhangjiang High-Tech, saw its first production model, the IM L7, formally hit the market. The model currently comes with two variants—the Dynamic and the Pro, which are priced at 368,800 yuan ($57,900) and 408,800 yuan ($64,160) respectively.

JAC Group forecasts net loss of RMB307 million in Q1 2022

China's state-owned automaker JAC Group saw a widened net loss after non-recurring deductions in the first quarter of 2022, compared to a year ago, according to its performance forecast.

Li Auto's L9 SUV's patent images released

China's Ministry of Industry and Information Technology (MIIT) recently released the patent images of Li Auto’s second mass-produced model, the L9.