Gasgoo Daily: RoboSense to supply 2nd-generation solid-state LiDAR to Chery

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.

RoboSense to supply 2nd-generation solid-state LiDAR to Chery

RoboSense, a world-leading provider of Smart LiDAR Sensor Systems, on Nov. 3 announced the cooperation with Chinese automaker Chery Automobile, which will introduce the second-generation intelligent solid-state LiDAR products of RoboSense in several models riding on its all-new high-performance all-electric vehicle platform. Those cooperative models are expected for volume production in the second half of 2023.

RoboSense 2nd-generation solid-state LiDAR; photo credit: RoboSense

Foton Motor's new energy vehicle sales surge 166.46% YoY in Jan.-Oct. 2022

Foton Motor, one of BAIC Group's subsidiaries, sold 36,004 vehicles in Oct. 2022, including 2,582 new energy vehicles (NEVs). For the first ten months of 2022, the automaker saw its auto sales dip 31.49% year on year to 396,109 units, while the NEV sales still surged 166.46% over a year earlier to 16,475 units.

Lifan Technology boasts 1,014.91% YoY hike in Oct. 2022 sales

In Oct. 2022, Chinese automaker Lifan Technology sold 5,831 vehicles (+1,014.91% YoY), including 4,092 new energy vehicles (+682.41% YoY). In Jan.-Oct. 2022, the company sold 37,683 vehicles (+4,322.89% YoY), 26,879 units of which were new energy vehicles, which represented a 3,138.43% year-over-year spike.

XPeng completes RMB964 million debut issuance of auto leasing carbon-neutral asset-backed securities on Shanghai Stock Exchange

XPeng Inc. today announced that its subsidiary, Guangzhou Xiaopeng Automotive Financial Leasing Co., Ltd., has successfully concluded its debut issuance of RMB964 million (app. US$133.5 million) automobile leasing carbon-neutral asset-backed securities (“ABS”) on the Shanghai Stock Exchange.

Farasis Energy breaks ground on new power battery base in Ganzhou city

On Nov. 1, Farasis Energy broke ground on a new power battery base in Ganzhou city, Jiangxi province, which features a designed annual production capacity of 30GWh. The new factory will work on producing the SPS (Super Pouch Solution) batteries and power batteries.

Xiaomi-backed fund invests in chip developer Pride Silicon

Chinese chip developer Pride Silicon recently completed its Pre-A round of financing, which was exclusively invested by Beijing Xiaomi Intelligent Manufacturing Equity Investment Fund Partnership (L.P.), one of Xiaomi Group's industrial investment arms, according to the corporate information platform Tianyancha.

Horizon Robotics, Alibaba-backed Banma team up on intelligent driving platform

On November 4, Alibaba's automotive intelligence arm, Banma, jointly launched an intelligent driving ecosystem platform with Horizon Robotics at Alibaba's Aspara Conference 2022.

Alibaba-backed Banma joins hands with SemiDrive for smart cockpit development

Alibaba-backed intelligent auto solution provider Banma joined hands with Shanghai-based automotive chip supplier SemiDrive at Alibaba Group's Apsara Conference 2022.

GAC AION launches new premium BEV-dedicated platform APE 3.0

GAC AION, the new energy vehicle (NEV) subsidiary of GAC AION, on Nov. 3 launched its new-generation platform dedicated to premium battery electric vehicles (BEVs), named APE 3.0, which will be applied in the models under AION's Hyper premium car brand first.

China's LiDAR supplier LiangDao Intelligence closes B1 financing round

China's auto-grade LiDAR supplier LiangDao Intelligence announced on November 4 the completion of its B1 financing round, which raised over 100 million yuan.

Geely-backed Cao Cao Mobility partners with Huawei Cloud

Geely-backed ride-hailing service platform Cao Cao Mobility reached a strategic cooperation with Huawei Cloud on November 3, in a bid to promote the development of intelligent mobility industry.

Aiways celebrates 10,000th vehicle rolling off production line

China's new energy vehicle startup Aiways celebrated its 10,000th vehicle rolling off the production line at its Shangrao intelligent factory in Jiangxi Province on November 3.

BYD achieves highest-ever monthly auto sales in Oct. 2022

BYD Company Limited ("BYD") saw its monthly auto sales hit a new high of 217,816 units in Oct. 2022, surging 142.19% from the previous year, according to the company's latest monthly sales results.