Gasgoo Daily: BYD Auto Industry adds non-ferrous metal metallurgy into business scope

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.

BYD Auto Industry adds non-ferrous metal metallurgy into business scope

On May 12, BYD Auto Industry Company Limited expanded its business scope by adding several new businesses, including non-ferrous metal metallurgy, non-metallic mineral products manufacturing, battery manufacturing, R&D of resource recycling technology, and mineral separation, according to the corporate information inquiry platform Qichacha.

Photo credit: BYD

CATL sets up new energy subsidiary in Xiamen

Xiamen Tongan Runxin New Energy Co., Ltd. was incorporated on May 12 in Xiamen city, involving a registered capital of 20 million yuan ($2.946 million), according to Qichacha. It is permitted to conduct R&D of emerging energy technologies and operation of EV charging infrastructures. The new company's sole shareholder is 60% held by CATL.

BYD to further lift electric bus sales in Japan

According to Japanese public broadcaster NHK, BYD held a launching ceremony for a new commercial electric bus model on May 10. Meanwhile, the company said it planned to raise its cumulative sales of electric buses to 4,000 units in Japan by 2030.

Presale of BYD Seal to kick off on May 20

BYD is about to begin presale of the BYD Seal on May 20, which will come with four trim levels.

Chongqing eyes over 200 battery swap stations built by 2023

China's Chongqing city aims to build over 200 battery swapping stations and deploy more than 10,000 battery-swappable new energy vehicles (NEVs) by 2023, according to a document issued by the Chongqing Municipal Commission of Economy and Information Technology on May 10.

CALB inks agreement to launch battery capacity expansion project in Wuhan base

On May 11, Chinese power battery maker CALB Co., Ltd. (“CALB”) penned an agreement with local authority of Wuhan Economic & Technological Development Zone for a battery production capacity expansion project, according to a post on CALB’s WeChat account.

China adds about 707,000 charging piles in Jan.-Apr. 2022, up 383.6% YoY

By the end of Apr. 2022, there had been 3.324 million charging piles deployed across China, up 81.9% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).

Chery Holding April new energy vehicle sales surge 81.2% YoY

Chery Holding sold 55,588 vehicles in the fourth month of 2022, resulting in a year-to-date sales volume of 284,865 vehicles by the end of April, edging up 0.9% from a year ago, the automaker announced on May 12th.