Gasgoo Daily: NIO sets up mobile technology company

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.

NIO sets up mobile technology company

On August 4th, NIO Mobile Technology Co., Ltd. was incorporated with Qin Lihong, co-founder of NIO, as its legal representative. The new company has a registered capital of $100 million. It is allowed to operate in information integration, mechanical equipment R&D, mobile device sales, AI application R&D, and wearable device sales. The company is wholly-owned by NIO NEXTEV LIMITED.

Photo credit: NIO

Mercedes-Benz recalls 11,908 imported vehicles in China

Starting Aug. 15, Mercedes-Benz will recall 11,212 GLE SUVs and GLS SUVs manufactured between Oct. 28, 2018- Nov. 08, 2021 in China. The automaker is also recalling 36 GLC SUVs and 660 EQS models imported to the country.

12,589 Fit, LIFE vehicles recalled in China

Due to malfunctioning front-view wide-angle cameras onboard, GAC Honda and Dongfeng Honda will recall 8,109 Fit vehicles and 4,480 units LIFE vehicles, respectively.

Haima Automobile sells 1,642 vehicles in July

Haima Automobile saw a 22.73% year-over-year decline in its July sales with 1,642 vehicles sold. In the first seven months of the year, the automaker sold 14,764 vehicles in total.

Gotion High-Tech aims to reach annual power battery shipments of 40GWh in 2022

Gotion High-Tech aims to raise its total power battery capacity to 100GWh by the end of 2022 and reach annual battery shipments of 40GWh this year, the Chinese battery supplier recently revealed on a Q/A investor platform.

Nissan Motor's China sales up 4.6% YoY in July

In July, Nissan Motor saw its China monthly sales recover from the slump with a year-on-year increase.

BAIC BluePark's H1 2022 revenue surge 42.76% YoY

BAIC BluePark, the holding company of BAIC BJEV, saw a 42.76% year-over-year surge in revenue in the first half of 2022.

AVATR to build high-voltage fast-charging network with bp in China

AVATR Technology, the premium new energy vehicle maker backed by Changan Automobile, CATL, and Huawei, announced its long-term strategic partnership with bp to a build high-voltage fast-charging network in China.

SGMW scores 50% YoY spike in July export volume

SAIC-GM-Wuling (SGMW), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, announced on Friday its vehicle sales reached 145,017 units in July 2022, jumping 32% from the previous year.

GAC Group’s Jan.-Jul. 2022 vehicle sales reach nearly 1.4 million units

GAC Group, one of the major Chinese automobile groups, announced it sold 220,104 vehicles last month, representing a year-on-year jump of 21.93%, while reflecting a month-on-month drop of 6.1%.

Baidu Apollo starts paid Robotaxi service in Changsha

Baidu’s autonomous driving mobility service, Apollo Go, started off pilot paid commercial operation in Changsha, the capital city of Hunan Province.

Geely-backed ECARX teams up with AMD for EV computing platform

AMD announced a strategic cooperation with Geely-backed automotive intelligence company ECARX on August 4th.