Gasgoo Daily: NIO’s Vehicle Engineering business reportedly taken over by Executive Vice President Zhou Xin

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.

NIO’s Vehicle Engineering business reportedly taken over by Executive Vice President Zhou Xin

Danilo Teobaldi has reportedly left his position as Vice President of Vehicle Engineering at NIO to become the chief vehicle engineer of NIO Europe. At the same time, Zhou Xin, NIO's executive vice president and chairman of the company's product committee, is said to take over the vehicle engineering operation of NIO, according to a local media outlet. 

Photo credit: NIO

EVE Energy to build lithium iron phosphate cylindrical battery project in Yunnan Province

China’s battery maker EVE Energy announced on Jan. 19 that it intends to pour 5.5 billion yuan in building a lithium iron phosphate cylindrical energy storage & power battery project in Qujing city, Yunnan Province. The project will feature a designed production capacity of 23GWh.

Honda Accord PHEV to hit Chinese market in 2023

The all-new plug-in hybrid electric vehicle (PHEV) variant of the popular Honda Accord was recently included by a catalogue released by China’s Ministry of Industry and Information Technology. The vehicle will be installed with a 2.0L engine and electric motor, and expected to hit the Chinese market in 2023.

NIO’s affiliate company files for registration of ‘NIO PHONE’ trademark

NIO Co., Ltd., an affiliated company of Chinese electric vehicle (EV) startup NIO Inc., has applied for the registration of the trademark "NIO PHONE", according to the corporate information inquiry platform Qichacha, a sign that NIO is preparing for the future launch of its smartphones.

SAIC VW sees 26-millionth vehicle roll off production line

On January 18, SAIC Volkswagen ("SAIC VW"), the joint venture between SAIC Motor and Volkswagen Group, saw its 26-millionth vehicle roll off the production line at the automaker’s new energy vehicle plant in Anting Town, Shanghai.

CATL to build integrated intelligent chassis production base in China’s Yichun city

CATL (Shanghai) Intelligent Technology Co., Ltd. ("CATL Intelligent Tech"), a wholly-owned subsidiary of CATL, on Jan. 18 signed an agreement with the Management Committee of Yichun Economic & Technological Development Zone for a CIIC (CATL Integrated Intelligent Chassis) manufacturing project, according to a post on CATL's WeChat account.

Lifan Technology forecasts 170% YoY surge in 2022 annual net profit

Chinese motor vehicle manufacturer Lifan Technology announced on Wednesday it was anticipated to record an annual net profit attributable to shareholders of around 150 million yuan ($22.126 million) in 2022, which should surge 170% compared to the previous year.