Gasgoo Daily:​ All-new Lynk & Co 03 to hit market on Sept. 23

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.

All-new Lynk & Co 03 to hit market on Sept. 23

The all-new Lynk & Co 03 lineup will officially hit the market on September 23 with an estimated starting price of 150,000 yuan. The refreshed model will come standard with a 2.0T engine instead of the current 1.5T engine. There are also several minor tweaks on the vehicle’s exterior designs. 

Photo credit: Lynk & Co 

New smart #1 to start delivery on Sept.23

The all-new smart #1 co-developed by Geely and Mercedes-Benz is expected for delivery in September 23. The battery-electric mini vehicle is priced at 181,600-226,600 yuan. The Brabus edition, which was introduced at the Chengdu Motor Show 2022, is priced at 279,000 yuan. 

CATL-affiliated recycling technology company incorporated

According to China’s corporate database Qichacha, Beijing Zhongke Brunp Recycling Technology Innovation Co., Ltd. was incorporated recently with a registered capital of 10 million yuan. The company is indirectly held by CATL, etc. 

First four hydrogen commercial vehicles delivered in Guangxi Province

On September 14, four commercial hydrogen vehicles were officially delivered and put to use in a Sinopec refueling station in Nanning, Guangxi Province. The event marked a positive demonstration in promoting the commercial application of hydrogen fuel trucks in the province. 

NIO said to launch first high-end smartphone next year

Chinese EV startup NIO plans to launch its first smartphone next year with the delivery commence in the same year, according to a local media outlet, citing a post on a blogger's Sina Weibo account.

Great Wall Holdings, Delong Group, Liben Energy inks agreement to build hydrogen ecosystem

On Sept. 13, Great Wall Holdings Group Limited, Shanghai Delong Steel Group (“Delong Group), and Tianjin Liben Energy Technology Co., Ltd. ("Liben" is Chinese Pinyin) signed a strategic cooperation agreement to jointly build a global-leading hydrogen industrial ecosystem, according to a post on WeChat account of Great Wall Motor. 

Xiaomi’s autonomous driving patent on reducing traffic violation disclosed to public

Xiaomi Automobile Technology Co., Ltd., one of the automaking entities of China’s tech player, Xiaomi, saw one of its autonomous driving patents disclosed to the public, according to information released by the corporate database, Tianyancha.

China’s intelligent driving tech startup LinearX closes Pre-A round

Shanghai-based intelligent driving software platform developer LinearX recently celebrated the completion of its Pre-A financing round on its one-year anniversary.

BYD breaks ground on 2nd phase of Shenshan industrial park in Shenzhen city

On Sept. 14, BYD celebrated the ground-breaking for a new project at one of its industrial parks in Shenzhen city, Guangdong province, according to a local media outlet, as part of efforts to strengthen the supply chain for its new energy vehicle ("NEV") production.