Gasgoo Daily: Lead time of Tesla’s Model 3 shortened to 12-16 weeks in China

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.

Lead time of Tesla’s Model 3 shortened to 12-16 weeks in China

According to Tesla’s China official website, the lead time of the rear-wheel-drive Model 3 and performance Model 3 were cut to 12-16 weeks versus the previous 20-24 weeks and 16-20 weeks, respectively.

Photo credit: Tesla

NavInfo’s autonomous driving products go into mass production

China’s automotive intelligence tech developer NavInfo disclosed that its autonomous driving products have gone into mass production, which will be reflected on its annual revenue in 2022.

Ferrari to recall 4,734 vehicles in China

Ferrari issued a recall for 4,734 units of the 430 Coupe/Spider/Scuderia models in China, effective October 25th 2022. The vehicles are recalled due to their faulty brake fluid storage pot which may lead to unresponsive braking.

CATL, FAW Jiefang build joint venture for new energy commercial vehicle sales, services

On August 18, CATL and FAW Jiefang, the truck manufacturing company of FAW Group, signed a strategic cooperation framework agreement to build a joint venture dedicated to new energy commercial vehicle ("CV") sales and operations, the power battery giant announced via its WeChat account.

ARCFOX introduces new αS, αT variants

BAIC Group’s premium electric vehicle (EV) brand, ARCFOX, further expanded its product portfolio by introducing four new EV variants, namely the αS 525S, αS 525S+, αT 480S, and the αT 480S+.

Ganfeng Lithium to supply battery raw materials to GAC AION

Jiangxi Ganfeng Lithium Co., Ltd. ("Ganfeng Lithium"), one of the world's top producers of battery-grade lithium, announced on August 19 that it had signed an agreement with GAC AION to form a long-term strategic partnership on the development of battery raw materials and recycling of decommissioned new electric vehicle ("NEV") batteries.      

Desay SV achieves 56.93% YoY surge in 2022 H1 revenue

China’s leading automotive electronics supplier Desay SV celebrated a substantial surge in its revenue and profit in the first half of 2022, the company announced on August 18th.