Gasgoo Daily: Wuling Hongguang MINIEV GAMEBOY edition to hit market on Aug. 22

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.

Wuling Hongguang MINIEV GAMEBOY edition to hit market on Aug. 22

The limited Wuling Hongguang MINIEV, GAMEBOY edition, will hit the market on August 22nd. The automaker will offer the special edition model in two trim levels.

Photo credit: Wuling

Xiaomi invests in automobile resistance supplier GiantOhm

According to Chinese corporate database Tianyancha, Beijing Xiaomi Smart Manufacturing Private Equity has become a new shareholder of a local automobile resistance supplier, Ningbo GiantOhm Micro Electronics Technology Co., Ltd.

QingTao Energy to mass produce solid-state battery with less than 5% liquid in 2024

QingTao Energy’s general manager, Li Zheng, disclosed that the company is planning to put its second-generation product, a solid-state battery with less than 5% liquid content, into mass production in 2024. The battery will have an energy density of 400-500Wh/kg. Cost of the battery may be 20% less than typical liquid-state lithium battery.

Autonomous driving developer Momenta invests in SAIC Motor’s Xiangdao Chuxing

SAIC Motor’s ride-hailing arm, Xiangdao Chuxing, announced the completion of its Series B financing round, raising over 1 billion yuan ($147.68 million) in total.

Baidu starts pilot operation of paid autonomous driving mobility service in Hefei

Baidu announced that its autonomous driving mobility service, Apollo Go, has kicked off commercial pilot operation in Hefei, the capital city of Anhui Province.

Autonomous driving developer PhiGent Robotics completes 2nd settlement of Series A

Beijing-based autonomous driving solution provider, PhiGent Robotics, announced the completion of the second settlement of its Series A financing round.

Valeo, HUST launch automotive vibration, noise R&D joint lab

The French global automotive supplier Valeo recently celebrated the inauguration of a vibration and noise R&D laboratory ("V&A-LAB China") it jointly built with Huazhong University of Science and Technology ("HUST").

Guangdong issues action plan to boost development of FCV pilot city cluster

The provincial government of China's Guangdong province recently issued a four-year (2022-2025) action plan on speeding up the building of a fuel cell vehicle ("FCV") city cluster.

Tesla Shanghai Gigafactory rolls off 1-millionth vehicle

Tesla celebrated the 1-millionth vehicle rolling off the production line at its Shanghai Gigafactory on August 13th, becoming the most efficient Tesla Gigafactory ever.

Dongfeng Motor sets up auto design company in Shanghai

Dongfeng Motor Group Co., Ltd., (DFMG) inaugurated its vehicle design subsidiary, Shanghai Lingyi Auto Design, whose predecessor was the Dongfeng Innovation Design Center (Shanghai), founded in November 2018.

HOZON Auto obtains 6 billion yuan worth of credit line from Huaxia Bank’s Shanghai branch

HOZON Auto, the owner of the Chinese new energy vehicle ("NEV") brand NETA, signed an agreement a few days ago with Huaxia Bank's Shanghai branch to conduct all-around strategic cooperation in such fields as conventional financing, supply chain finance, investment bank investment business, cross-border business, bond investment, digital finance business, and automobile consumption finance.