Gasgoo Daily: NIO ET7 to hit market at Auto Shanghai 2023

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 ET7 to hit market at Auto Shanghai 2023

At the upcoming Auto Shanghai 2023, the all-new NIO ES6 will make its debut and the NIO ET7 will officially hit the market, NIO said via its WeChat account.

Photo credit: NIO

Avatr launches NCA-enabled test drive in Chongqing city’s urban areas

On Apr. 10, Avatr, the electric vehicle brand co-backed by Changan Auto, Huawei, and CATL, announced it had launched the test drives for users to experience the NCA (Navigation Cruise Assist) functions in urban areas of Chongqing city.

All-new Lexus LM makes world’s debut at Auto Shanghai 2023

The all-new Lexus LM, the luxury brand’s fire new flagship MPV model, will make its world’s debut at the Auto Shanghai 2023.

NIO Capital to set up auto LiDAR project in Wuxi city

NIO Capital signed an agreement on Apr. 10 for an automotive LiDAR project located in Wuxi Huishan Economic Development Zone, the first cooperation project with the authority of Wuxi city, Jiangsu province.

NETA Auto to start presale of NETA GT sports car at Auto Shanghai 2023

NETA Auto, the Chinese new energy vehicle (NEV) maker under the company HOZON Auto, will begin presale of the NETA GT, its fire new two-door four-seater all-electric sports car, at the forthcoming Auto Shanghai 2023 next week, according to a local media outlet.

China’s power battery installed capacity jump 28.4% YoY in Q1 2023

In Mar. 2023, China's power battery output reached 51.2GWh, jumping 26.7% year on year, while also rising 23.5% month on month, according to the China Automotive Power Battery Industry Innovation Alliance (CAPBIIA).

Toyota, Honda, Nissan continue to struggle with sales slump in China in Mar. 2023

The three major Japanese automakers, namely, Toyota Motor, Honda Motor, and Nissan Motor all encountered a double-digit decline in their March sales for the Chinese market compared to the same period last year.

Dongfeng Motor introduces plan to launch 18 electric passenger vehicle models

On April 10, Dongfeng Motor released its future plans in such areas as platform integration, product development, technology, service ecosystem, and overseas deployment to build up its core competitiveness and leading advantages.