Gasgoo Daily: GAC Toyota, FAW-Toyota to recall over 120 thousand vehicles

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.

GAC Toyota, FAW-Toyota to recall over 120 thousand vehicles

Starting May 11, 2022, GAC Toyota will recall a total of 82,680 vehicles, which involve such models as the Wildlander, the fourth-generation Highlander, the Sienna, and the Venza HEV, according to a recall plan the company submitted to the State Administration for Market Regulation (SAMR). Besides, FAW Toyota also plans to recall 40,770 Crown Klugers, which were produced between July 27, 2021 and April 7, 2022, from May 11.

GAC Toyota Wildlander; photo credit: GAC Toyota

WM Motor releases images of M7 sedan

WM Motor recently released a set of photos about its first sedan model, the M7, which will be displayed at the startup’s Tech Day held next month.

M7; photo credit: WM Motor

FAW-Toyota’s all-new Granvia to be unveiled next month

FAW-Toyota’s all-new Granvia will be unveiled in May, according to a local media outlet. As the sister model of the GAC Toyota’s Sienna MPV, the all-new Granvia will come with a welcab version.

All-new Land Rover Range Rover hits the market

The all-new Land Rover Range Rover formally went on sale on April 21. Coming with four trim levels, the model is priced between 1.468 million yuan and 2.498 million yuan ($227.544 million- $387.197 million).

WWF joins NIO’s Clean Park initiative as co-initiator

On April 22, the 53rd Earth Day, NIO formed a strategic partnership with WWF (World Wildlife Fund), who will serve as one of the initiators of NIO's “Clean Parks” ecosystem co-construction initiative, the startup announced via its WeChat account.

CATL to build new battery system, energy storage system production base in Xiamen

CATL plans to build a new battery industrial base in Xiamen city, Fujian province, as part of efforts to further boost its business development and meet the continuously growing market demands for NEV and energy storage batteries, the company announced on April 21.

Li Auto: HFCAA listing poses no effect on operations

On April 21st, several US-listed foreign companies were added to the Holding Foreign Companies Accountable Act list (HFCAA) by the SEC, including the up-rising new energy vehicle startup, Li Auto.

Tesla becomes CATL’s biggest client in 2021

CATL scored a 159.06% year-on-year surge in the full-year revenue of 2021, which stood at around 130.356 billion yuan ($20.206 billion), according to the company's annual earnings results.

BYD to see some vehicles equipped with chips from Horizon Robotics

On April 21st, China’s major automaker BYD and auto-grade chip supplier Horizon Robotics announced that some BYD’s vehicle models would be equipped with Horizon Robotics’ Journey 5 chips.

China’s locally-made PV retail sales anticipated to drop 31.9% YoY in April 2022: CPCA

China's retail sales of locally-produced passenger vehicles (merely including cars, SUV, and MPVs) are anticipated to reach 1.1 million units in April 2022, sliding 31.9% year on year, according to the China Passenger Car Association (CPCA).

Geely's ZEEKR issues price rise starting May

On April 22nd, Geely’s high-end electric vehicle brand ZEEKR announced an upcoming price adjustment to its only production model, the ZEEKR 001.

China Unicom sees periodical results in V2X users' real-name registration

China’s telecom giant China Unicom recently announced that the company has been actively conducting real-name registrations for V2X network card users, under the guidance of the Ministry of Industry and Information Technology (MIIT).

Great Wall Motor Q1 revenue up 8% YoY

On April 22nd, China’s major carmaker Great Wall Motor released its quarterly financial report for the January-March period in 2022.