Gasgoo Daily: Two new Hongguang MINIEV variants hit market

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.

Two new Hongguang MINIEV variants hit market

On November 9, SAIC-GM-Wuling announced the addition of two new variants of its popular Hongguang MINIEV model. The new variants feature different appearance and interior color schemes from the existing lineup. Coming with four new trim levels in total, the two new MINIEV selections are priced between 46,800 yuan to 52,800 yuan.

Photo credit: SAIC-GM-Wuling

Multiple Huawei computing platform-powered vehicle models to make debut in 2023

At the 2022 China Auto Forum, Wang Jun, COO of Huawei Intelligent Automotive Solution BU, said that multiple production vehicle models based on Huawei’s distributed access, centralized computing hardware platform, and AOS/VOS/HAS Core/Service software platform are currently under development, and are planned to be launched in 2023.

Baidu, Geely’s JIDU sets up auto parts company

Beijing JIDU Auto Parts Co., Ltd. was incorporated recently with a registered capital of 983 million yuan, according to Chinese corporate database Tianyancha. The new company is indirectly wholly-owned by JIDU Auto (Hong Kong) Limited.

Changan Automobile YTD wholly-owned NEV sales soar 234% YoY by Oct. 2022

In October, Chongqing Changan Automobile Co., Ltd. (Changan Automobile) celebrated exceptional sales performance brought by the company’s wholly-owned brands’ new energy vehicle segment.  

Hyundai Motor, CICC Capital to make advancements in China’s new energy commercial vehicle market

Hyundai Motor Group’s commercial vehicle arm in China, Hyundai Truck & Bus, inked a cooperation framework agreement with CICC Capital Operation Co., Ltd. (CICC Capital) in a bid to further the automaker’s deployment in China’s new energy commercial vehicle market.

Autonomous driving algorithm developer JueFX completes new financing round

China’s autonomous driving startup JueFX announced on November 9 the completion of its latest financing round, which raised the company nearly one hundred million yuan.

JAC Group sees 54% YoY hike in Oct. 2022 battery-electric passenger vehicle sales

In October, JAC Group sold a total of 40,505 vehicles, representing a 10.18% increase over the previous year and a 15% drop from the previous month, according to the company’s report.