Gasgoo Daily: DENZA releases exterior images of N8 SUV

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.

DENZA releases exterior images of N8 SUV

DENZA, the premium auto brand majority-owned by BYD, recently released the exterior images of its all-new full-sized SUV, the DENZA N8. Coming with the DM-p and the EV AWD powertrain solutions, the DENZA N8 is expected to hit the market this year.

Photo credit: DENZA N8

HYCAN sees remarkable growth in registered capital

Chinese electric vehicle startup HYCAN Automobile Technology Co., Ltd. (“HYCAN”) saw its registered capital rise to 5.52 billion yuan from 3.12 billion yuan, according to the corporate information inquiry platform Tianyancha.

Volvo EX90 likely to make China’s debut in mid-April

According to a local media outlet, the fire new all-electric flagship SUV from Volvo Cars, the Volvo EX90, is likely to make its China’s debut on Apr. 16 and be displayed at the Auto China 2023.

Changan Shenlan rebranded as Shenlan Auto

Changan Automobile’s new energy vehicle-dedicated brand, Changan Shenlan, was rebranded as Shenlan Auto, according to the name change on a poster issued by the automaker on March 27.

Haomo.ai’s self-driving last-mile delivery vehicle greenlighted for operation in Beijing

On March 28, Haomo.ai, the autonomous driving solution developer backed by Great Wall Motor, saw its terminal delivery vehicles licensed by the Beijing High-level Automated Driving Demonstration Area (BJHAD).

Greater Bay Technology bags 3 billion yuan of funds from multiple banks

Greater Bay Technology (“GBT”), a supercharging technology developer incubated by GAC Group, raised nearly 3 billion yuan by signing an agreement with a slew of banks on Mar. 28, according to GBT’s press release.

BYD scores 96.2% YoY spike in 2022 annual revenue

BYD Company Limited (“BYD”) announced this week its annual revenue reached around 424.061 billion yuan in the year of 2022, surging 96.2% from the previous year.

DiDi kicks off autonomous driving taxi service in Guangzhou

Didi Chuxing (DiDi) announced via its WeChat account that its autonomous driving taxis (Robotaxis) became available for ride-hailing in Guangzhou city, Guangdong Province from March 27.

BYD’s Yangwang brand unveils measurements of U8 off-road SUV

Yangwang, BYD’s fresh high-end sub-brand, recently unveiled the size information of its first production model, the U8.

Bosch, JD.com team up on retail, logistics, industrial product procurement businesses

On Mar. 28, Bosch China and JD.com, Inc. ("JD") forged a strategic partnership on retail, logistics, and corporate procurement businesses, according to a post on Bosch's WeChat account.