Gasgoo Daily: BYD reportedly plans to develop proprietary autonomous driving-dedicated chips

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 reportedly plans to proprietary develop autonomous driving-dedicated chips

BYD has a plan to develop proprietary autonomous driving-dedicated chips, according to a local media outlet. The report said this project is led by BYD Semiconductor, which has already delivered its demands to design companies. As of press time, BYD has not commented on this information yet.

Photo credit: BYD

EVE Energy sets up subsidiary in Yuxi

According to the corporate data provider Qichacha, Yuxi EVE Energy Co., Ltd. was incorporated on July 15 in Yuxi city, Yunan Province, with a business scope that covers battery manufacturing, and sales of NEV battery swapping facilities and NEV production testing equipment. 

Shanghai to put first autonomous-driving-test-dedicated lane to use next week

Shanghai's first lane dedicated to autonomous car tests will be put into operation from July 18.

Tesla newly adds 32 supercharging stations on Chinese mainland in June

In June 2022, Tesla newly launched 32 supercharging stations and 120 Superchargers in 25 cities and counties on the Chinese mainland, the U.S. automaker said on July 15.

Great Wall Motor's H1 2022 net profit expected to leap 50.2%-67.2% YoY

Great Wall Motor ("GWM") said earlier this week it expected to gain a net profit attributable to shareholders of 5.3 billion yuan-5.9 billion yuan ($785.802 million-$874.761 million) for the first half of 2022, rising 50.2%-67.2% compared to the corresponding period of 2021.

JAC Group expects net loss of RMB707 million in H1 2022

JAC Group is expecting a semi-annual net loss of RMB707 million ($104.8 million) in the first half of 2022, according to the group’s unaudited financial projections.

BAIC BluePark forecasts net loss for first half of 2022

BAIC BluePark New Energy Technology Co., Ltd. (“BAIC BluePark”), the parent company of Chinese NEV maker BAIC BJEV, expects to record a net loss attributable to shareholders of 1.8 billion yuan-2.2 billion yuan ($266.876 million-$326.182 million) for the six months ended June 30, 2022, according to an announcement it released on July 14.

Huawei's auto partner Sokon Group predicts widened net loss in H1 2022

Chongqing Sokon Industry Group Stock Co., Ltd. (Sokon Group), the auto group owning the new energy vehicle brand SERES, expects a net loss in the first six months of 2022.