Gasgoo Daily: BYD Huweijian (Frigate) 07 to hit market on December 9

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.

BYD Huweijian (Frigate) 07 to hit market on December 9

BYD Huweijian 07, or generally dubbed Frigate 07 in English context, will officially be put onto the market on December 9, according to information released by BYD. Presale of the vehicle kicked off earlier, with a price range of 220,000-280,000 yuan. BYD said that the model will be the first to adopt the company’s all-new four-link suspension system and the FSD (Frequency Selective Damping) shock absorber.  

Photo credit: BYD

One of JIDU’s corporate entities sees name changed to Shanghai Mihang Auto

JIDU Automobile Co., Ltd. recently changed its enterprise name to Shanghai Mihang Automobile Co., Ltd., according to China’s corporate database Tianyancha. The company said that this is a normal adjustment based on business development needs, and the auto brand JIDU remains jointly owned by Baidu and Geely with unchanged stakes.

Haima Automobile sees 23.97% YoY jump in November sales

China’s automaker Haima Automobile announced on December 6 it sold 2,591 vehicles in November, representing a 23.97% increase year-over-year. In the first eleven months of the year, cumulative sales volume of the company amounted to 22,263 vehicles, down 18.37% over a year ago. 

Foton Motor NEV sales soar 255.44% YoY in November 

Chinese commercial vehicle maker Foton Motor sold 28,017 vehicles in November, 2,385 units of which were new energy vehicles (NEVs), which soared 255.44% over a year ago. In the first eleven months of the year, cumulative auto sales of the company amounted to 424,126 vehicles, 18,860 of which were NEVs, which represented a 175.17% hike year-on-year. 

Geely Automobile’s November auto export volume leaps 43% YoY

China’s major automaker, Geely Automobile Holdings Limited (Geely Automobile) scored a 7% year-on-year growth in its November sales, according to the company’s sales report.

Gotion High-Tech dispatches first 491MWh energy storage containers to overseas markets

Gotion High-Tech recently delivered the first batch of the 491MWh energy storage containers to overseas markets as planned, the Chinese battery maker announced via its WeChat account on Wednesday, marking a significant step for the company's development of energy storage business.

China’s Guangzhou city eyes over 10 billion yuan in fuel cell vehicle industrial scale by 2025

Chinese metropolis Guangzhou expects its annual scale of fuel cell vehicle (FCV) industry to exceed 10 billion yuan ($1.433 billion) by 2025, according to a working plan this week issued by Guangzhou New Energy Vehicle Development Work Group for the demonstration and applications of FCVs.

Tesla releases sales promotion in China for up to 6,000 yuan off

On December 7, Tesla newly orchestrated another time-limited sales promotion for Chinese consumers with an additional 6,000 yuan off their final purchase, according to the automaker’s sales channel. 

China’s Tuopu Group breaks ground on factory in Anhui’s Shouxian county

Chinese automotive supplier Ningbo Tuopu Group ("Tuopu Group") recently broke ground on its smart manufacturing factory in Shouxian county, Anhui province, which will serve such automakers as NIO and BYD, the company announced on Dec. 6 via its WeChat account.