Gasgoo Daily: Banma, Green Alpha Capital team up on zero-carbon smart transportation

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.

Banma, Green Alpha Capital team up on zero-carbon smart transportation

Chinese Internet car solution developer Banma on September 26 announced the cooperation with Green Alpha Capital, a comprehensive carbon neutrality solution provider, on such areas as energy Internet, zero-carbon smart transportation, automotive operating system, and intelligent connectivity.

Photo credit: Banma

GAC Trumpchi's EMKOO hits market

GAC Trumpchi put the EMKOO SUV onto the market on Sept. 25, which features a price range of 119,800 yuan to 169,800 yuan ($16,740-$23,730). The new model comes with three power solutions— 1.5T+7WDCT, 2.0T+8AT, and 2.0ATK+GMC 2.0. 

First XPeng S4 supercharging stations come online

XPeng recently confirmed via its Weibo account that the first seven S4 supercharging stations synchronously came online in five cities—Beijing, Shanghai, Shenzhen, Guangzhou, and Wuhan.

New-generation LYNK & CO 03 goes on sale

The new-generation LYNK & CO 03 officially hit the market on Sept. 23. Coming with five trim levels, it is priced between 154,800 yuan and 176,800 yuan ($21,630-$24,710).

Li Auto lowers Q3 2022 delivery projection

On September 26, China's new energy vehicle startup Li Auto announced on the Hong Kong Stock Exchange that it predicts its delivery volume in the third quarter of 2022 would be around 25,500 vehicles. 

The new projection number is lowered than Li Auto's previous delivery expectations for the Jul.-Sept. period, which stood around 27,000-29,000 vehicles.

Toyota Motor to launch 111 MIRAI FCVs into China pilot operation

According to a WeChat post released on Sept. 26, GAC Toyota will put a total of 111MIRAI FCVs into a massive pilot operation of hydrogen-powered vehicles for short-term rental, ride-hailing services, and fix-route tourism, etc. in such cities as Beijing, Shanghai, Guangzhou, and Foshan.

MAXIEYE to provide GAC Trumpchi with L2++ integrated driving/parking solution

China's intelligent driving solution provider MAXIEYE announced on September 26 that it has landed a mass production procurement order from the major automaker, GAC Trumpchi. 

China extends NEV purchase tax exemption to end of 2023

China has extended the exemption of purchase taxes on new energy vehicles (NEVs) by another year to the end of 2023, as part of measures to boost auto sales and the NEV industry development, according to a notice today jointly issued by China's Ministry of Finance, State Taxation Administration, and Ministry of Industry and Information Technology ("MIIT").

Ford Motor's intelligent EV-dedicated subsidiary begins operation in China

Ford Motor has started operation of FMeT, its subsidiary focusing on the R&D and operation of intelligent electric vehicles (EVs) in China, marking a new milestone in Ford China's boost on electrification strategy, the U.S. automaker announced today via its WeChat account.

Horizon Robotics nabs strategic investment from Chery Holding

China's edge AI chip supplier Horizon Robotics announced on September 26 the completion of strategic investment and settlement by Chery Holding.

First China-made Mercedes-Benz heavy-duty truck rolls off line

Recently, the first-ever China-made Mercedes-Benz heavy-duty truck rolled off the production line at Beijing Foton Daimler Automotive Co., Ltd. (BFDA)'s new factory. The first batch of China-made Mercedes-Benz heavy-duty truck s will be officially delivered to customers in early November.

SGMW's convertible Hongguang MINIEV hits market, priced at 99,900 yuan

SAIC-GM-Wuling ("SGMW"), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, put the convertible version of its hotter-selling all-electric model, the Hongguang MINIEV, onto the market on Sept. 25.