Gasgoo Daily: Rising R7 deliveries reach 1,501 units in Nov. 2022

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.

Rising R7 deliveries reach 1,501 units in Nov. 2022

Rising Auto, the premium electric vehicle brand of SAIC Motor, today announced the deliveries of its R7 all-electric SUV reached 1,501 units in Nov. 2022, the first complete month after the model's delivery kicked off.

Rising Auto's R7; photo credit: Rising Auto

BYD unveils flagship Han EV and Tang EV in Mexico

On Nov. 29, BYD unveiled the all-electric Han EV sedan and Tang EV SUV at a test drive event in Mexico. The two models are expected to hit the Mexican market next year. Meanwhile, BYD announced the cooperation with eight local dealers, namely, Grupo Continental, Grupo Cleber, Grupo Dalton, Grupo Excelencia, Grupo Farrera, Grupo Fame, Liverpool, and Grupo del Rincón.

GAC AION to raise vehicle prices by 3,000-8,000 yuan

GAC AION announced on Nov. 30 via its Weibo account that it plans to increase prices on new energy vehicle (NEV) models by 3,000 yuan to 8,000 yuan, as the NEV subsidies from the national government is about to expire at the end of December, and prices of raw materials rose remarkably in the second half of this year.

However, users who put down a deposit before Jan.1, 2023 will not be affected by the price adjustment.

HOZON Auto announces 51% YoY leap in Nov. 2022 deliveries

HOZON Auto, the Chinese startup owning the new energy vehicle (NEV) brand NETA, announced today its monthly deliveries reached 15,072 units in Nov. 2022, shooting up 51% from the previous year.

PhiGent Robotics closes Series A+ round, appoints former VP of AMD as new CEO

Beijing-based autonomous driving solution developer PhiGent Robotics on December 1 announced the completion of its Series A+ financing round, raising tens of millions of US dollars for the company.

GAC AION sees Jan.-Nov. 2022 deliveries soar 128% year on year

GAC AION, the new energy vehicle (NEV)-dedicated subsidiary of GAC Group, today announced its vehicle deliveries reached 28,765 units in Nov. 2022, surging 91% from the previous year.

Huawei, BAIC Group said to launch new model under HUAWEI Smart Selection pattern

China's ICT giant Huawei and the Beijing-based automaker, BAIC Group, are reportedly working on launching a new HUAWEI Smart Selection vehicle model, according to several recent local media posts.

China's vehicle inventory alert index in Nov. 2022 rises 9.9 percentage points YoY

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, rose 9.9 percentage points year on year in Nov. 2022, according to the China Automobile Dealers Association (CADA).

Geely's premium BEV brand ZEEKR delivers 11,011 vehicles in Nov. 2022

ZEEKR, the premium BEV (battery electric vehicle) brand of Geely Holding, saw its monthly deliveries hit a new high of 11,011 units in Nov. 2022, representing a precipitous surge of 447.3% year-over-year.