Gasgoo Daily: NIO starts delivering ES7s

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 starts delivering ES7s

NIO started the delivery of the ES7's mass-produced vehicles on August 28.

Photo credit: NIO

Jiangling Motors Corporation sees H1 2022 net profit grow 11.64% YoY

Jiangling Motors Corporation said its net profit attributable to shareholders grew 11.64% YoY to 452.381 million yuan ($65.517 million) in the first half of 2022. During the reporting period, the company's revenue dropped 19.53% from a year earlier to 14.223 billion yuan ($2.06 billion).

Leapmotor C01 to hit market on Sept. 28

Leapmotor's all-new full-sized sedan model, the C01, will officially hit the market on Sept. 28.

Dongfeng Honda puts all-new XR-V onto market

The all-new XR-V from Dongfeng Honda officially hit the market on Aug. 28. Coming with three trim levels, the model features a guidance price range of 132,900 yuan to 152,900 yuan ($19,250-$22,140).

Dongfeng Motor launches new off-roader brand ‘Mengshi’

Dongfeng Motor officially launched a new premium electric off-roader brand called Mengshi (“Warrior”) on August 27.  It also unveiled two Mengshi concept cars called ‘M-Terrain’ and ‘M-Terrain S’, which both stay on a new MORA platform.

Changan Automobile launches new tech brand ‘Zhuge Intelligence’

Changan Automobile today announced the launch of a new technology brand, dubbed “Zhuge Intelligence” at the automaker's annual technology ecosystem conference.

Gotion High-Tech scores 143.24% YoY surge in H1 2022 revenue

Gotion High-tech Co.,Ltd. (“GOTION”) earned around 8.638 billion yuan ($1.251 billion) in its revenue for the first half of 2022 ("H1 2022"), representing a 143.24% year-on-year hike, according to the company's semi-annual financial results.

HOZON Auto, China Merchants Bank form strategic partnership

HOZON Auto, the Chinese startup owning the NEV brand NETA, last Saturday announced it had signed an agreement with China Merchants Bank's Shanghai branch as both parties will conduct strategic cooperation on such businesses as comprehensive credit line, cash management of domestic and foreign currencies, and automobile consumption finance.