Gasgoo Daily: Mercedes-Benz to recall over 160,000 vehicles in China

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.

Mercedes-Benz to recall over 160,000 vehicles in China

Mercedes-Benz (China) Automobile Sales Co., Ltd. and Beijing Benz Automotive Co., Ltd. have filed for a plan on recalling a total of 164,216 vehicles in China, which involve such models as the Mercedes-Benz C-Class, and the imported GLS SUV, GLE SUV, and GLS SUV, according to a document released by the State Administration for Market Regulation (SAMR) on Nov. 29.

Mercedes-Benz C-Class L; photo credit: Mercedes-Benz

XPeng launches time-limited national NEV subsidy securement policy

XPeng announced on Nov. 30 via its Weibo account that customers who put down a deposit before Dec. 31, 2022 will continue to enjoy the cash subsidy the national government set for the year of 2022. The move is part of the responses to the policy under which the NEV subsidies from the national government is set to expire at the end of this year.

All-electric Genesis GV70, G80 hit Chinese market

On Nov. 29, the BEV version of the Genesis GV70, G80 officially went on sale in China. Positioned as a mid-sized SUV, the GV70 BEV is priced from 385,800 yuan to 439,800 yuan, while the G80 BEV, which is a full-sized sedan, features a price range of 406,800 yuan to 475,800 yuan.

GAC Honda puts all-new Vezel onto market

On Nov. 30, GAC Honda's all-new Vezel officially go on sale. Offered in three trim levels, the new model features a guidance price range of 132,900 yuan to 152,900 yuan.

All-new Vezel; photo credit: GAC Honda

Changan Automobile releases 'Force' range extension technology brand

On November 30, Chinese auto group Changan Automobile, introduced to the public its new technology brand dubbed Force.

Force is consisted of two parts, namely "Force intelligent range extension" and "Force super integrated electric drive", which can achieve an ultra-long combined range of 1,200km.

China's fuel cell tech developer FTXT Energy bags 550 million yuan in Series B financing

FTXT Energy Technology Co., Ltd. ("FTXT Energy"), a Chinese provider of hydrogen energy and fuel cell technology solutions, announced on Nov. 30 the completion of its Series B financing, which raised for the company a total of 555 million yuan ($77.605 million).

PetroChina sets up subsidiary for NEV-related businesses

PetroChina Company Limited ("PetroChina"), a Chinese oil & gas producer and the listed arm of Chinese state-owned China National Petroleum Corporation ("CNPC"), recently set up a subsidiary permitted to work on a slew of businesses related to new energy vehicles (NEVs).

Shanghai passes regulation for driverless vehicles' commercial operation

The Shanghai Municipal People's Congress released an announcement on November 30 regarding a regulation that boosts the city’s driverless intelligent connected vehicle application.

NavInfo to supply FAW Hongqi with multiple services including high-precision maps

China's leading automotive intelligence solution developer NavInfo announced on November 29 that the company has been chosen to supply FAW Group with its high-precision maps, lane-level navigation application services, high-precision maps of parking lots, automatic parking software modules, etc.

SVOLT obtains 5.1 billion yuan financial support for Huzhou base construction

SVOLT Energy Technology (Huzhou) Co., Ltd., a majority-owned subsidiary of Chinese power battery maker SVOLT, signed an agreement with a bank consortium on Nov. 29 for a 4.5 billion ($629.353 million) worth of loan and a funding support of 600 million yuan ($83.914 million), which will be used to enlarge SVOLT's battery production capacity.