Gasgoo Daily: Leapmotor receives over 20,000 C01 orders in four hours

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.

Leapmotor receives over 20,000 C01 orders in four hours

Chinese EV startup Leapmotor said it received a total of 20,764 orders only four hours after the presale of the C01 started.

C01; photo credit: Leapmotor

Mass-produced MG EH32 rolls off production line

The mass-produced version of the MG EH32, the first MG-branded global model, has already rolled off the production line. The model will be primarily sold in European markets.

Geely sets up digital technology company

Zhejiang Geely Digital Technology Co., Ltd. was incorporated on May 11 with a registered capital of 300 million yuan ($44.624 million). Its business scope covers software development, software outsourcing service, and corporate management, etc. It is wholly owned by Zhejiang Geely Holding Group.

Zhengzhou Nissan to start presale of RICH 7 pickup

Zhengzhou Nissan is about to begin the presale of its premium pickup model, the RICH 7, on May 13.

CATL faces MoM shrink in share by China's Apr. power battery installed capacity

Regarding April power battery installed capacity, the top 4 players were the same as that of the previous month, accounting for 82.56% of the country's total capacity. CATL still ranked highest by share of 38.28%, 12.21 percentage points fewer than that of March. BYD was still the runner-up, but its market share was only 6.1 percentage points lower than that of CATL.

Horizon Robotics partners with JueFX for integrated autonomous driving solution

On May 11th, China's AI chip supplier Horizon Robotics announced its partnership with local autonomous driving startup JueFX, introducing the “chip + solution” integration to the market.

NIO plans to go public on Singapore Exchange on May 20

NIO's Class A ordinary shares, par value $0.00025 per share, are expected to trade on the Main Board of the Singapore Exchange Securities Trading Limited (“the SGX-ST”) from May 20, 2022, the company announced today.

Great Wall Motor pauses new orders of ORA Black Cat, White Cat for higher-end models

On May 11th, in a response to investors, China's major automaker Great Wall Motor disclosed its decision to withhold new orders of the Black Cat and the White Cat models under the ORA brand.

Tesla China makes first export shipment after Shanghai factory reopens

On May 11, the ro-ro ship "GLOVIS SPLENDOR" carrying 4,767 Tesla's China-made vehicles departed from Port of Shanghai, indicating the first batch of exports since Tesla's Shanghai Gigafactory resumed production on April 19, according to the local media outlet Shanghai Observer.

Baidu, Sony, LCE, and Black Sesame Technologies create onboard camera with 15 million+ pixels

Baidu's intelligent auto arm Apollo joined hands with Sony Semiconductor Solutions Group, Lianchuang Electronic Technology (LCE), and Black Sesame Technologies to develop the world's first high-resolution automotive camera module with over 15 million pixels.

China's auto sales down by 47.6% YoY in April 2022

China's vehicle sales and production in April dropped over 40% from a year earlier to a record low for April in the past 10 years, affected by COVID-19 and the worst-ever challenges in the automotive supply chain, according to the China Association of Automobile Manufacturers. But new energy vehicles (NEVs) managed to see a year-over-year growth even though the segment's monthly sales were also dented.

SAIC Volkswagen bumps up prices of Volkswagen-branded models

SAIC Volkswagen, the joint venture between SAIC Motor and Volkswagen Group, announced this week the MSRP (manufacturer's suggested retail price) of several Volkswagen-branded models would be raised from May 11, another mainstream automaker in China joining the wave of price rise.

AutoX builds operation hubs for 1,000+ RoboTaxis in China

On May 9th, China's leading autonomous driving company AutoX revealed that it is building a large network of RoboTaxi operation hubs for high-duty and high-density operations.

Great Wall Motor to launch smart active suspension project in China's Wuxi

Great Wall Motor (“GWM”) recently signed up for an intelligent core parts project, which will involve a total investment of 3.1 billion yuan ($461.117 million), the Baoding-based automaker announced on May 10 via its WeChat account.