Gasgoo Daily: China-exclusive Audi A8L Horch Founders Edition to hit market on June 10th

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.

China-spec Audi A8L Horch Founders Edition to hit market on June 10th

The Audi A8 L Horch Founders Edition will hit the market on June 10th. The China-exclusive model has kicked off presale earlier, with a price range of RMB1.3million-RMB1.75 million ($194,876-$262,333). The vehicle is set to compete with the Mercedes-Maybach S-Class.

Photo credit: Audi

Mass-produced HiPhi Z said to debut on June 21st

The mass production version of the HiPhi Z model from Human Horizons may be unveiled on June 21st. The HiPhi Z is positioned as a luxury electric sedan model.

Photo credit: Human Horizons

JMC sells 22,600 vehicles in May

Jiangling Motors Corporation (JMC) produced and sold 23,237 vehicles and 22,600 vehicles respectively in May, representing a respective 12.19% and 25.9% year-over-year decrease.

China imported PV sales drop 26.2% YoY in Jan.-Apr. 2022

For the first four months of 2022, there were 241,092 imported passenger vehicles (PVs) delivered across China, representing a 26.2% decrease year over year, according to Sinomach Automobile Co., Ltd., China's largest dealer of imported vehicles.

AMD to provide chips for NIO’s vehicle R&D

U.S.-based chipmaker Advanced Micro Devices (“AMD”) announced earlier this week it has entered into a partnership with NIO to offer chips to the Chinese EV startup.

Geely Auto May sales recover MoM

In May, China’s major automaker, Geely Automobile Holdings Limited (Geely Auto), saw its monthly sales volume recover from the slump in April with sales of the Geometry brand continued to drive its growth.

Zhu Jiang resigns as Vice President of JIDU

Vice president of JIDU, Zhu Jiang, has left the Geely-Baidu joint venture in April, a local media outlet reported on June 7. 

Nissan Motor May sales drop 38% YoY in China

In May, Nissan Motor saw its monthly sales continue to drop over the previous month and year in China. However, sales of the Venucia brand sustained its growing momentum in the month.

2022 HYCAN Z03 rolls off production line at GAC Motor-HYCAN joint plant in Hangzhou

On June 6, HYCAN, a Chinese EV innovator backed by GAC Group and NIO, saw its second mass-produced model, the Z03, roll off the production line at the plant of GAC Motor (Hangzhou) Co., Ltd., signifying major headway in HYCAN’s global deployment that integrates R&D, production, and sales, the startup announced via its WeChat account.

WeRide introduces new smaller, lighter autonomous driving suite ‘WeRide SS 5.0’

On June 7th, leading autonomous driving developer WeRide released its new-generation autonomous driving set, the WeRide Sensor Suite 5.0 (WeRide SS 5.0). Robotaxis powered by WeRide SS 5.0 have been put into large-scale tests and applications.

Lynk & Co introduces hybrid concept car 'The Next Day'

On June 6th, Lynk & co introduced a new energy concept vehicle, The Next Day, powered by the company’s Lynk E-Motive intelligent hybrid platform.

GAC Group gains YoY, MoM growth in May 2022 sales

GAC Group, one of major Chinese automobile groups, scored both year-on-year and month-on-month growth in vehicle sales for the month of May 2022.