Gasgoo Daily: ORA Ballet Cat to hit market tonight

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.

ORA Ballet Cat to hit market tonight

The ORA Ballet Cat, a retro-inspired BEV model of Great Wall Motor, is to hit the market tonight. Offered in four trim levels, the model features a presale price range of 193,000 yuan to 223,000 yuan ($28,680-$33,130).

ORA Cat; photo credit: ORA

CATL invests in new energy tech company in Jiaozuo city

Jiaozuo Runshi New Energy Co., Ltd. was incorporated on July 6 in Jiaozuo city, Henan province, according to the corporate data provider Qichacha. The newborn company has a line of businesses including R&D of emerging energy technologies, solar power technology service, production and supply of heat power, etc. It is indirectly jointly owned by CATL and Fujian Yongfu Power Engineering Co., Ltd.

Power parameters of AITO M5e exposed

According to a catalogue recently released by China's Ministry of Industry and Information Technology, the AITO M5e will come with a single-motor-drive and a two-electric-motor drive versions, which feature an NEDC range of 540km and 500km respectively.

All-new Dongfeng Peugeot 408 rolls off line

The mass-produced all-new Dongfeng Peugeot 408 rolled off the assembly line on July 12. Presale of the model will begin on July 27.

XPeng's robot-dedicated affiliate bags over $100 million in Series A round

XPeng announced today its ecological chain member, XPeng Pengxing (formally known as "Pengxing Intelligence"), had signed an agreement for its Series A round with over $100 million raised.

Volkswagen-backed CAMS eyes deployment of 17,000 charging points in China by 2025

CAMS, Volkswagen Group's joint venture in China focusing on offering one-stop charging solutions, aims to have 17,000 charging points by the end of 2025, with its charging footprints covering most cities in China, the company said on July 11 at an online event.

Mercedes-Benz H1 China sales up 6% YoY

In the first half of 2022, German auto giant Mercedes-Benz witnessed its auto sales climbed up 6% over a year ago in the world’s largest auto market, China.

FAW Jiefang, Tencent partners on vehicle information security

On July 11th, FAW Group's commercial vehicle arm, FAW Jiefang, inked a strategic cooperation framework agreement with Tencent Cloud Computing (Beijing) Co., Ltd. for automotive information security. 

ZEEKR puts upgraded ZEEKR 001 onto market

ZEEKR, a premium electric vehicle ("EV") brand from Geely Holding, held its first ZEEKR Experience Day on July 11 with a slew of new products and technologies launched on spot.