Gasgoo Daily: ​China calls on NEV raw materials price to return to rational level

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.

China calls on NEV raw materials price to return to rational level

China will promote the prices of NEV-related raw materials to return to a reasonable level as soon as possible, Luo Junjie, spokesperson of China’s Ministry of Industry and Information Technology (MIIT) and director general of the Bureau of Operation Monitoring and Coordination of the MIIT said on April 19 at a press conference.

Hongguang MINIEV; photo credit: SGMW

Li Auto sets up subsidiary in Hangzhou

According to the business data inquiry platform Tianyancha, Hangzhou Chezhihang Automotive Technology was incorporated on April 19 with a business line covering the sales of new energy vehicle and charging piles, the operation of EV charging infrastructures, and energy storage technology service. It is wholly controlled by Leading Ideal HK Limited.

Huawei unveils patent about Bluetooth car key

Huawei published a new Bluetooth car key patent, which can unlock the car door automatically. The patent is entitled “a vehicle control method, in-vehicle device, and mobile device.”

BMW’s car plants in Shenyang resume production

BMW on Tuesday said in a statement its two car manufacturing plants in Shenyang, the capital of Liaoning province had fully resumed production.

Baidu Apollo opens up C-V2X platform 2.0

On April 19th, Baidu’s autonomous driving arm Apollo opened up its comprehensive C-V2X platform 2.0 to the transportation and auto industry, completing the company’s open platform spectrum from autonomous driving to C-V2X.

CATL denies plan to launch new battery tech in near future

CATL is likely to launch a new power battery technology this month, according to a local media outlet, citing a person with direct knowledge with the matter.

Shortly afterwards the company replied that it has no such plan in the near future and expects the rumor not to be further spread.

Gotion High-Tech, Geely Holding's CV unit ink agreement for battery supply

Hefei Gotion High-Tech Power Energy Co.,Ltd. ("Hefei Gotion"), a wholly-owned subsidiary of  Gotion High-Tech, and Zhejiang Geely New Energy Commercial Vehicle Group ("GCV") have signed a strategic cooperation agreement under which the former will offer the latter around 126,000 sets of power batteries between 2022 and 2024, Gotion High-Tech announced on April 20 via its WeChat account.

HUAWEI-powered AITO M5 sees price rise starting May 5th

On April 20th, the HUAWEI and SERES-backed new energy vehicle brand AITO released an announcement of price increase and an upcoming trim regarding its M5 model.

BYD, CATL invest in lithium battery material supplier Shanshan’s subsidiary

Ningbo Shanshan Co., Ltd. (“Shanshan”), a Chinese lithium battery materials supplier, announced on Tuesday it intends to make a capital increase to its sub-subsidiary, Shanghai Shanshan Lithium Battery Materials Technology Co., Ltd. (“Shanghai Shanshan”), through its wholly-owned subsidiary and four strategic investors.

DeepRoute.ai deploys L4 autonomous fleet in Shenzhen

On April 20th, China’s autonomous driving startup DeepRoute.ai saw its first pre-assembled L4 autonomous vehicle fleet arrive in Shenzhen. The vehicles will be put into its Robotaxi operation in Shenzhen soon. 

Li Auto releases first ESG report

On April 19th, Li Auto released its first ESG Report (Environmental, Social, and Governance), demonstrating the auto startup's contribution to the environment and the society in the past year.

Geely Holding's CV unit reportedly considers public listing

Geely New Energy Commercial Vehicles Group (“GCV”), the commercial vehicle (“CV”) business unit of Zhejiang Geely Holding Group, is considering a public listing as an independent unit and is planning to introduce external investors, according to a local media outlet.