Gasgoo Daily: BYD Yuan Pro officially hits market, starting at 95,800 yuan
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 Yuan Pro officially hits market, starting at 95,800 yuan
On May 31, the 2023 BYD Yuan Pro facelift officially went on sale in the Chinese market, featuring three different trims with prices ranging from 95,800 yuan to 113,800 yuan. The new lineup introduces a vibrant pink exterior color and brings upgrades in terms of details and configurations, enhancing the overall appeal of the Yuan Pro SUV.
Photo credit: BYD
Mitsubishi extends production suspension in China
Mitsubishi Motors plans to extend the production suspension of new vehicles in China beyond June this year, with the reopening date yet to be determined. A spokesperson for Mitsubishi stated that discussions with local partners are ongoing to determine the resumption of vehicle production in China, but specific details regarding the timing of the restart have not been disclosed.
Shenzhen XPeng Automotive Technology Co., Ltd. faces business anomalies
According to the Chinese corporate database Tianyancha, Shenzhen XPeng Automotive Technology Co., Ltd. has recently been listed on the business anomalies list by the Longhua Bureau of the Market Supervision and Regulation Bureau of Shenzhen for its failure to disclose the 2022 annual report within the specified timeframe.
NETA Auto hits 300,000-unit vehicle production mark
On May 30, NETA Auto, the Chinese new energy vehicle (NEV) maker under HOZON Auto, saw its 300,000th mass-produced vehicle roll off the production line, according to the company's press release.
Volkswagen Group to build wholly-owned tech subsidiary in China’s Hefei city
On May 30, Volkswagen Group China ("VGC") signed an agreement with Hefei Economic and Technological Development Area, announcing the plan to set up a wholly-owned technology company in Hefei City, capital of China's Anhui Province.
China’s Anhui Province to set up auto industry chain investment fund worth over 100 billion yuan
China's Anhui Province will set up an over 100 billion yuan worth of investment fund for the automotive industry chain, aimed at supporting the construction of internationally influential automotive industry clusters and ensuring the effective implementation of relevant measures.
Changan Mazda's CX-50 adopts smart cockpit product from ECARX, Neusoft
On May 31, ECARX, a mobility technology company backed by Geely, announced that the customized intelligent cockpit product developed by the company and its partner Neusoft has been successfully installed onto Changan Mazda's CX-50, whose Chinese name is “Xingye”.
GAC AION becomes shareholder of GAC-iFLYTEK joint venture 'SYNCORE'
GAC AION, the new energy vehicle arm of GAC Group, has recently completed the equity transfer registration with GAC Capital. Through this transaction, GAC AION has become a strategic investor and new shareholder of SYNCORE.
ZongMu Technology, a Chinese autonomous driving solution provider, on May 30 announced its collaboration with the prestigious Tsinghua University in establishing a joint research center for intelligent driver assistance systems.
BYD unveils 12-meter-long ebus co-manufactured with Spain’s Castrosua
Chinese leading new energy vehicle maker BYD and Castrosua, a renowned bus bodybuilding specialist, unveiled their first jointly produced eBus during an official presentation ceremony held in Spain on May 29.
SAIC Motor plans to make additional investments in solid-state battery company QingTao Energy
On May 27, SAIC Motor announced it intends to make additional investments in QingTao (Kunshan) Energy Development Co., Ltd. ("QingTao Energy") through its two investment subsidiaries, as part of efforts to deepen its layout in solid-state battery technology and enhance the competitiveness of its new energy products.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com
