Gasgoo Daily: Xiaomi’s EV arm said to qualify for car manufacturing next year

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.

Xiaomi's EV arm said to qualify for car manufacturing next year

Xiaomi Group's electric vehicle arm is expected to get the governmental car manufacturing permit in June or July next year, according to a local media outlet, citing disclosure by Yizhuang New Energy Vehicle Research Institute.

Photo credit: Xiaomi Group

BAW's Wang Pai MPV rolls off line

Chinese automaker Beijing Automobile Works Co., Ltd. (“BAW”) recently saw its first full-sized MPV model, named Wang Pai (Chinese pinyin, meaning “trump card”), roll off the production line at its plant in Qingdao city. The entry-level MPV model is expected for launch this year.

BYD Huweijian 07 to hit market in November

BYD will put the Huweijian 07 (meaning “frigate”) five-seater SUV onto the market next month. The model will come with two powertrain solutions with a presale price range of 220,000-280,000 yuan ($30,470-38,780).

BYD, Santander Bank forge partnership in Brazilian automobile financing field

On Oct. 18 (local time), BYD's Brazil subsidiary formed a strategic partnership with Santander Bank ("Santander"), a leading Brazilian bank in automotive financing, marking another major step following BYD's foray into Brazil's passenger vehicle (PV) market last year, according to a press release from BYD.

Car and City: Li Auto sees Li L9's monthly registrations exceed 10,000 units in Sept.

In Sept. 2022, Chinese NEV startup Li Auto recorded monthly registrations of 11,575 units, including 1,458 Li ONEs and 10,117 Li L9s, according to the data compiled by Gasgoo Auto Research Institute ("GARI").

Ningbo Shanshan intends to issue new fundraising for battery anode materials project in Yunnan

Chinese lithium battery materials supplier Ningbo Shanshan Co., Ltd. (“Shanshan”) intends to raise 6 billion yuan ($830.921 million) through a non-public stock issuance to expand its production capacity of lithium ion battery anode materials, according to a scheme released by the company on Oct. 18.

Car and City: Huawei-backed AITO registers 8,722 vehicles in September

SERES Auto, Chinese ICT giant Huawei’s first official automaking partner, saw its auto registrations reach 8,729 units in September 2022, according to the data compiled by Gasgoo Auto Research Institute (GARI).

China's Guangzhou eyes 1,000 supercharging stations, 200 battery swap stations deployed by 2024

Guangzhou, one of Chinese metropolises and the capital of Guangdong province, aims to deploy around 1,000 supercharging stations and 200 battery swapping stations by the end of 2024, according to a document released by the Guangzhou Municipal Industry and Information Technology Bureau.

Huawei's auto partner SERES Auto teams up with Wencan Group for NEV advancement

On October 18, Huawei’s auto partner, SERES Auto, inked a strategic framework agreement with Wencan Group, a Chinese automotive die casting company in the new energy vehicle field.

BMW said to pour another ten billion yuan in battery center expansion in China

The German auto giant, BMW, is planning to pour in another ten million yuan to expand its high-voltage battery manufacturing center in Shengyang, Liaoning Province, according to Global Times citing an insider of BMW China.

BYD Yuan PLUS goes on sale in Mongolian passenger vehicle market

On Oct. 16, BYD officially put its Yuan PLUS all-electric SUV onto the passenger vehicle (PV) market of Mongolia, with the help of its local dealer partner, MSM Group.