Gasgoo Daily: Chery OMODA 5 to hit market

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 OMODA 5 to hit market

The OMODA 5, an all-new SUV model from Chery, will hit the market on July 12. The globalized new model has started presale with a price range of RMB92,900 to RMB128,900.

Photo credit: Chery

iFLYTEK registers AI company in Sanming

iFLYTEK incorporated an artificial company in Sanming, Fujian province with a registered capital of RMB20 million. The new firm’s business includes the technology development of internet of things, development of intelligent robots.

Yutong Bus June sales down by 58% YoY

Yutong Bus sold 2,234 vehicles in June, representing a year-over-year decrease of 58.29%. Its total sales of the first half of this year fell 43.82% from a year ago to 11,567 units.

New Dongfeng Peugeot 408 to roll off line

The new-generation Dongfeng Peugeot 408 will go off the production line on July 12. The new model is the first model with new logo in China.

China-made Benz EQE to make debut this year

The China-made Mercedes Benz EQE is expected to make debut officially at the Guangzhou Auto Show this year. The SUV will be built by Beijing Benz, the German company’s joint venture in China, from 2023 on.

Honda Motor boasts 19.4% YoY jump in June China sales

Honda Motor announced today its monthly China sales reached 141,142 units in June 2022, jumping 19.4% from a year earlier.

NIO announces completion of 10 million battery swaps

NIO provided its 10 millionth battery swap on July 4, 2022, the EV startup announced via its WeChat account. According to data released by NIO, it took the automaker 29 months to complete its first 1 million battery swaps, and only 1 month to climb from the 9 to the 10 millionths. 

Guangzhou greenlights autonomous vehicles for pilot operation

Guangzhou issued two policy papers to build a pilot system for autonomous driving mixed operations in the city.

China reduces 7.1 billion yuan of car purchase tax in June

There were around 1.097 million cars benefiting from China's car purchase tax breaks during the first month after the policy came into force, according to the data released by China's State Taxation Administration. The tax cut policy had already saved about 7.1 billion yuan ($1.061 billion) for car buyers, data from the country's top taxation agency showed.

BAIC BJEV scores 144.43% YoY surge in H1 2022 sales

For the first half of this year, the automaker saw its cumulative auto outputs soar 181.97% from a year earlier to 6,082 units, while its vehicle sales amounted to 17,010 units, shooting up 144.43% compared to the same span of 2021.