Gasgoo Daily: Third-generation Changan CS75 PLUS 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.

Third-generation Changan CS75 PLUS hits market

The third-generation Changan CS75 PLUS hit the market on Apr. 26. It is offered in five trim levels, which are priced between 124,900 yuan and 149,900 yuan. It comes with two Blue Whale engine options, a 1.5T and a 2.0T.

Photo credit: Changan Auto

Kaixin Auto Holdings announces development of AIGC system “Happy Buy Car”

On Apr. 24, Kaixin Auto Holdings ("Kaixin" or the "Company") announced that it has formed a specialized technical team to develop its AIGC (Artificial Intelligence Generated Content) system "Happy Buy Car." Kaixin has been dedicated to developing the intelligent "Happy Buy Car" system in the past. The newly formed technical team will conduct in-depth research on AIGC and ChatGPT-related technological applications and expedite development of the "Happy Buy Car" system. The system will be equipped with such features as interactive "real person" dialogues and highly relevant text and video content generation for automobile sales, that will enhance the richness of marketing and sales content and empower its dealerships to increase sales conversion rates.

Vitesco Technologies’ Tianjin lab starts operation

Vitesco Technologies, an international leader in intelligent and electrified drive systems for sustainable mobility, on Apr. 25 inaugurated a laboratory at its Tianjin base, which now integrates functions of R&D, laboratory, and production.

Photo credit: Vitesco Technologies

BYD Seagull hits market, starting at 73,800 yuan

The BYD Seagull, a new entry-level all-electric model of BYD’s Ocean series, officially hit the market on Apr. 26. Coming with three trim levels, it features a price range of 73,800 yuan to 89,800 yuan.

Great Wall Motor sees two-digit YoY decline in Q1 2023 revenue

Great Wall Motor, one of China's leading automakers, recently released its 2023 first-quarter financial results, which showed year-on-year drop in its revenue and net profit.

Pony.ai permitted to deploy Robotaxis without safety drivers onboard in Guangzhou

On April 21, Chinese autonomous driving solution provider Pony.ai was granted the first and only remote passenger-carrying permit by the city of Guangzhou, allowing the company to launch fully unmanned Robotaxi services without safety drivers in the vehicle.

Joyson Electronics boasts 12.7% YoY increase in Q1 2023 revenue

Joyson Electronics, Chinese supplier of automotive electronics and safety solutions, saw its first-quarter revenues reach 13.22 billion yuan in 2023, representing a year-on-year increase of around 12.7%.

onsemi to supply ZEEKR with EliteSiC SiC power devices

onsemi, a leading provider of intelligent power and sensing technologies, and Geely Auto’s premium electric vehicle brand ZEEKR, on Apr. 25 announced a long-term supply agreement (“LTSA”) between the two companies, according to onsemi’s press release.

China's homemade passenger vehicle retail sales likely to surge 49% YoY in Apr. 2023: CPCA

China's domestic passenger vehicle ("PV") retail sales are anticipated to reach 1.57 million units in Apr. 2023, which should edge down 1.8% from the previous month, but soar 49% from the previous year, according to the China Passenger Car Association ("CPCA").