Gasgoo Daily: BYD Qin PLUS DM-i ‘Champion’ version hits 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.

BYD Qin PLUS DM-i ‘Champion’ version hits market

The all-new “Champion” version of the BYD Qin PLUS DM-i officially hit the market today, with a price range of 99,800 yuan-145,800 yuan. The Champion trim adopts the similar design to the original Qin PLUS DM-i but with newly added exterior colors, interior colors, and other improved functions onboard. 

Photo credit: BYD

2023 Chery eQ1 goes on sale 

On February 10, Chery Auto put the refreshed 2023 version of the Chery eQ1 mini electric vehicle on the market. Coming with three range options, specifically, 251km, 301km, and 408km, the 2023 eQ1 is priced from 69,990 yuan to 99,990 yuan. 

Horizon Robotics sees registered capital increased by 6 billion yuan

Beijing Horizon Robotics Technology R&D Co. Ltd., a Chinese autonomous driving chip supplier, saw its registered capital rise from 2 billion yuan to 8 billion yuan on February 9, according to China’s corporate database, Tianyancha. 

Beijing expects pilot operation of fully-unmanned Robotaxi service to begin in H1 2023

Beijing High-level Automated Driving Demonstration Area Office (BJHAD Office) disclosed that commercial pilot operation of fully-unmanned vehicles will be implemented in the BJHAD in the first half of 2023, according to a post by Beijing Yizhuang on Thursday.

China’s power battery installed capacity dips 5% YoY in Jan. 2023

In Jan. 2023, China's power battery output reached 28.2GWh, shrinking 5% year on year, while tumbling 46.3% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

China’s auto export jumps 30% YoY in Jan. 2023 despite overall sales downturn

In the first month of 2023, partly affected by the Chinese New Year holiday and superimposed on the withdrawal of traditional oil-fueled vehicle purchase tax incentives and new energy vehicle subsidies, China's automobile output and sales both encountered double-digit decline versus the earlier month and year.

Tesla China raises locally-made Model Y RWD's price by 2,000 yuan

Tesla recently bumped up the price of the China-made Model Y RWD version by 2,000 yuan ($290) for the world’s largest auto market, but the automaker has not explained the price rise yet, according to Tesla’s China official website.

China’s LiDAR maker Hesai Technology goes public on Nasdaq

On February 9 Beijing time, shares of Hesai Technology, China-based leading LiDAR supplier, began trading on Nasdaq (NASDAQ: HSAI), making Hesai China's first US-listed LiDAR company.

GAC Group faces 2-digit YoY, MoM drop in Jan. 2023 sales

GAC Group announced on Thursday it sold 146,921 vehicles in the first month of 2023, representing a 37.98% plunge year-over-year and a 28.58% decrease month-over-month mainly due to the Chinese Lunar New Year holiday.