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Gasgoo Daily: Chery New Energy curtails trim levels of eQ5 SUV

Monika From Gasgoo| May 09 , 2022 18:58 BJT

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.

Chery New Energy curtails trim levels of eQ5 SUV

Chery New Energy has shrunk the trim levels of the eQ5 SUV (Big Ant) from three to one, which is currently priced at 183,800 yuan ($27,570).

Gasgoo Daily: Chery New Energy curtails trim levels of eQ5 SUV

Chery eQ5; photo credit: Chery New Energy

SAIC Motor's Roewe to see two new models go on sale on May 20

The Jing (whale) and the Longmao (chinchilla), two new compact SUV models under SAIC Motor’s self-owned PV brand Roewe, will hit the market on May 20.

Presale of ORA Ballet Cat to begin on May 20

ORA, an EV-dedicated brand of Great Wall Motor (GWM), is about to kick off the presale of the Ballet Cat. The retro-inspired all-electric car will go on sale in mid-June 2022. It will come with two range options—400km and 500km.

Livan Automotive to put small-sized SUV X3 PRO onto market

The Livan X3 PRO, a small-sized SUV under Livan Automotive (the joint venture between Geely Auto and Lifan Technology), has arrived at dealerships and is said to go on sale on May 13 with three trim levels offered.

FAW Jiefang sells 8,245 vehicles in April

In April, FAW Jiefang, the truck manufacturing subsidiary of FAW Group, said it sold 8,245 vehicles, plunging from the 57,862 vehicles sold in the year-ago period. For the first four months of the year, its vehicle sales tumbled 69.86% year on year to 75,028 units.

Yutong Bus sees April sales decline 37.81% YoY

Chinese commercial vehicle manufacturer Yutong Bus sold 2,151 vehicles last month, representing a 37.81% year-on-year decrease. Its Jan.-Apr. sales fell 33.28% over a year ago to 7,096 units.

Hangzhou Cable to pour 5 billion yuan in battery-used copper foil manufacturing project

Chinese wire and cable supplier Hangzhou Cable announced it intends to plow around 5 billion yuan, through its wholly-owned subsidiary recently incorporated in Nanchang city, in a project for manufacturing super-thin copper foils to be used in NEV lithium batteries.

Great Wall Motor sees April auto sales plunge 41.41% YoY
Great Wall Motor (“GWM”) announced on Monday its monthly auto sales came at 53,777 units in April 2022, tumbling 41.41% compared to the same period of last year.

BAIC Bluepark scores 167% YoY soar in Jan.-Apr. sales 

On May 9th, BAIC Bluepark, the holding company of BAIC BJEV, released its April production and sales report, with substantial growth in both aspects compared to a year ago.

GAC Group announces new shareholding increase by controlling shareholder

GAC Group announced earlier this month its controlling shareholder, Guangzhou Automobile Industry Group (“GAC Industry Group”), has purchased another 2.42 million HK-traded shares at HKD6.53 per share, which account for 0.02% of GAC Group's total outstanding stock.

Nissan Motor April China sales drop 46% YoY

Nissan Motor saw the monthly sales of its Venucia brand surge year over year, despite the overall decline in the company’s April sales in China, Nissan Motor reported on May 9th.

Dongfeng Motor sets up auto chip alliance with 8 other companies in Wuhan

On May 8th, Hubei Province Automotive Chip Industry Technology Innovation Alliance was established in Wuhan. The movement was led by China’s major auto group Dongfeng Motor.

NEW HUAWEI-powered ARCFOX αS HI debuts

On May 7th, the new HUAWEI Inside collaborative ARCFOX αS HI model made its official debut.

Great Wall Motor's 300,000th POER pickup rolls off assembly line

On May 8, Great Wall Motor (“GWM”) saw the 300,000th vehicle of the POER series roll off the production line, making POER the first premium pickup marque in China to hit such production milestone.

Baidu Apollo Robobus licensed for road test in Beijing E-Town

Baidu’s Apollo was granted the first batch of road test licenses for intelligent connected buses in Beijing Economic-Technological Development Area (E-Town).

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