Gasgoo Daily: Mercedes-Benz plans to launch China-dedicated BEV model

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.

Mercedes-Benz plans to launch China-dedicated BEV model

Mercedes-Benz disclosed that along with its expanding electric vehicle portfolio, the company would introduce a brand-new battery-electric full-size model built on the EVA2 platform exclusively for the China market.

Photo credit: Mercedes-Benz

Geely’s Binrui COOL hit market

On May 20th, Geely Auto’s Binrui COOL model officially hit the market. The model comes with three trims with a price range from RMB94,800 to RMB109,800 ($14,210 to $16,460).

Photo credit: Geely Auto

SAIC Motor sustains annual sales target of 6 million vehicles in 2022

At the annual shareholders’ conference today, the chairman of SAIC Motor, Chen Hong, emphasized that despite the external challenges that the auto industry faces, namely the pandemic, supply crunch, and raw material price hike, SAIC Motor still eyes its previous target of selling 6 million vehicles in 2022. The auto group is currently working hard to adhere to the schedule.

SANY battery-swap stations go online in three cities

On May 20th, SANY Group’s battery-swap stations officially went online in Chengdu, Zibo, and Ezhou. Each station is equipped with ten batteries, offering two battery-swap modes, both from the top and from the side. With an area of 120 square meters, the station can house tractors, dumpers, and mixer trucks all at once, with an averaged battery-swap time of 1.9 minutes.

Former CTO of Li Auto joins Alibaba-affiliated Vision Plus Capital

On May 20th, China’s venture capital Vision Plus Capital announced the addition of its new partner, Wang Kai, former CTO of the NEV startup Li Auto.

Changan AVATR 11 kicks off presale, interior images unveiled

On May 20th, Changan Auto’s high-end new energy vehicle brand, AVATR, released the interior images of its first production model, the AVATR 11, and kicked off the model's presale.

BYD launches CTB technology, starts presale of BYD Seal

BYD today formally launched the cell-to-body (“CTB”) battery technology. Presale of the BYD Seal, the first production model to use BYD's CTB technology, kicked off at the same time.

CATL granted world’s first approval under UNECE’s new regulation for EV battery system

CATL announced on May 19 it recently received the UNECE (the United Nations Economic Commission for Europe) R100.03 approval for EV battery systems, which is granted by Germany's Federal Ministry for Digital and Transport.

NIO goes public on Singapore Exchange on May 20

On May 20, 2022, NIO successfully listed its Class A ordinary shares on the Main Board of the Singapore Exchange Securities Trading Limited (SGX-ST) under the stock code "NIO".