Gasgoo Daily: ORA Good Cat taps Malaysian auto 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.

ORA Good Cat taps Malaysian auto market

On Nov. 12, Great Wall Motor ("GWM") showcased the ORA Good Cat at the Malaysia motor expo, and kicked off presale of the model in the meantime. Notably, the ORA Good Cat is the first GWM's new energy vehicle model to enter into the Malaysian auto market.

Photo credit: ORA 

China cuts 68.62 billion yuan of NEV purchase tax so far this year

China's NEV purchase tax exemption policy has created tax cuts worth of 68.62 billion yuan ($9.704 billion) this year by Nov. 10, an executive at the State Taxation Administration said on Nov. 16 at a press conference.

BASiC Semiconductor, ROHM forge strategic partnership

ROHM Semiconductor and China's Shenzhen-based BASiC Semiconductor recently entered into a strategic cooperation agreement under which the duo will jointly develop SiC power devices for electric vehicles, according to press release from BASiC Semiconductor.

BYD halts spin-off and listing process for semiconductor unit

BYD Company Limited ("BYD") announced on Nov. 15 it has agreed for BYD Semiconductor Co., Ltd., ("BYD Semiconductor"), one of BYD's non-wholly owned subsidiaries, to terminate the spin-off and listing progress onto the ChiNext Board of the Shenzhen Stock Exchange, and withdraw the listing application materials.

Automotive MEMS LiDAR supplier ZVision closes C financing round

China's auto-grade MEMS LiDAR supplier ZVision announced on November 16 the official completion of its C financing round, which raised several dozen million US dollars in total.

Quectel introduces new-generation C-V2X module 'AG18'

Leading IoT and V2X solutions provider Quectel officially introduced its new-generation C-V2X module, AG18, offering enhanced safety and traffic efficiency.

Presale of Audi RS e-tron GT kicks off in China

German luxury car manufacturer Audi on Nov. 15 kicked off presale of the Audi RS e-tron GT in China with a limited supply of 20 units in 2022.

BYD sees 3 millionth NEV roll off production line

BYD Company Limited ("BYD" or "the group") today held an online ceremony to celebrate its 3 millionth new energy vehicle (NEV) rolling off the production line at the manufacturing base in Changzhou city, making BYD the first Chinese indigenous auto brand to hit the milestone.

Mercedes-Benz issues price cut up to 240,000 yuan on EQ series in China

Mercedes-Benz lowered the suggested retail price of multiple EQ battery-electric vehicle models in China on November 15 by as high as roughly 240,000 yuan ($28,250) deducted. 

FAW-Toyota releases all-new CROWN brand

FAW-Toyota, the joint venture between FAW Group and Toyota Motor, introduced its all-new CROWN brand at an online event on November 15.

Li Auto cements cooperation with auto parts supplier Tuopu Group

Chinese new energy vehicle ("NEV") startup Li Auto and the Shanghai-listed auto parts supplier Ningbo Tuopu Group ("Tuopu") strengthened their partnership by recently signing a strategic cooperation framework agreement at Tuopu's manufacturing base in Hangzhou Bay, according to a press release from Tuopu.