Gasgoo Daily: BYD Seagull to hit market on Apr. 26

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 Seagull to hit market on Apr. 26

The BYD Seagull, the new A-segment car of BYD’s Ocean series, will hit the market on Apr. 26. It became available for presale at the Auto Shanghai 2023, with a presale price range of 78,800 yuan to 95,800 yuan. It came with two CLTC range options, 305km and 405km.

BYD Seagull; photo credit: BYD

First Geely Galaxy L7 SUV to roll off line on Apr. 24

Geely Auto said the first mass-produced vehicle of the Galaxy L7 compact SUV would roll off the production line on Apr. 24.

Benewake launches automotive-grade 512-line LiDAR platform

At the Auto Shanghai 2023, Chinese LiDAR supplier Benewake launched “Benewake Yinglong (Chinese Pinyin)”, which the company claimed as the world’s first automotive-grade 512-line LiDAR platform.

FAW-Volkswagen sees 23 millionth unit of powertrain roll off line

On Apr. 21, the Sino-German joint venture FAW-Volkswagen saw its 23 millionth unit of powertrain, which is an EA211 1.5T Evo2 engine, come off the production line at its manufacturing base in Changchun city.

Photo credit: FAW-Volkswagen

Polestar 4 coupe SUV to adopt Meizu's Flyme Auto automotive OS

Chinese smartphone maker Meizu announced its partnership with Polestar, the Swedish electric performance car brand backed by Geely, via its WeChat account on April 22.

SAIC Motor-backed DIAS to co-build innovation center with ZTE

On April 22, SAIC Motor and its automotive electronics subsidiary DIAS, deepened cooperation with Chinese communications solution developer ZTE. Meanwhile, DIAS and ZTE also established a joint innovation center and launched a T-BOX product solution.

ZEEKR hits production milestone of 100,000 mass-produced vehicles

On Apr. 20, ZEEKR, the premium electric vehicle brand of Geely Auto, saw its 100,000th mass-produced vehicle roll off the production line at its smart manufacturing plant in Ningbo city, Zhejiang province.

Chinese brake-by-wire system supplier Global Technology bags nearly 400 million yuan in C round

Global Technology, a Chinese brake-by-wire system provider, on Apr. 22 announced via its WeChat account that it recently closed its Series C financing with nearly 4 million yuan raised.

NavInfo's 2022 annual revenue increases 9.37% YoY

NavInfo, the Chinese automotive intelligence product supplier, released its 2022 annual financial report on April 21, revealing an annual revenue of 3.347 billion yuan, up 9.37% year on year.

Desay SV, SemiDrive jointly launch China-made smart cockpit domain control platform

At the Auto Shanghai 2023, major automotive electronics supplier Desay SV and Chinese automotive chip developer SemiDrive formed a strategic cooperation to jointly create a China-made smart cockpit domain control platform, namely the DS06C.

CATL boasts over 500% YoY surge in Q1 2023 net profit

In the first quarter (Q1) of 2023, CATL recorded a quarterly revenue of 89.038 billion yuan, which surged 82.91% from the previous year, according to the battery giant’s latest quarterly financial results.