Gasgoo Daily: Official images of Lynk & Co 09’s five-seat variant unveiled

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.

Official images of Lynk & Co 09’s five-seat variant unveiled

Lynk & Co unveiled the official images of the Lynk & Co 09 five-seat variant, which maintains the exterior and interior design of the six-seat and seven-seat versions. The new variant features a dual-row seating configuration and is set to hit the market on June 15.

Lynk & Co 09; photo credit: Lynk & Co

AVATR E12 spied on streets

Changan Automobile plans to launch 27 new energy vehicle models by 2025, including four models under the AVATR brand, such as the E12 (internal codename). Recently a group of spy photos of the E12 was released online. The model is set to debut in the third quarter of this year and could be on the market by the end of the year. Positioned as a pure electric mid- to large-size sedan, the E12 boasts noticeable dimensions, as evident from the images.

BYD Song PLUS Champion Edition to go on sale on June 19

The BYD Song PLUS Champion Edition is scheduled to hit the market on June 19. Pre-sale of the model has already kicked off, with the Song PLUS DM-i Champion Edition range from 169,800 yuan to 199,800 yuan, while the Song PLUS EV Champion Edition is priced between 179,800 yuan and 219,800 yuan.

JAC Yiwei EV3 to hit market on June 16

JAC Group's new energy vehicle-dedicated brand, Yiwei, is set to launch its first production model, the EV3 (Yiwei 3 in Chinese pinyin), on June 16.

Saudi Arabia, Human Horizons sign $5.6 billion worth of agreement to build automotive joint venture

Saudi Arabia and Chinese electric vehicle manufacturer Human Horizons have entered into a significant partnership, with the Saudi Arabian government agreeing to invest $5.6 billion in the collaboration.

Chinese C-V2X solution developer HIKAILINK closes Series A financing round

Zhejiang HIKAILINK Technology Co., Ltd. (“HIKAILINK”), a Chinese C-V2X solution developer, recently announced the completion of its Series A financing round, which raised for the company several hundreds of millions of yuan.

Chinese auto supplier Beijing West Smart Mobility raises 2 billion yuan in Series A financing

Recently, Beijing West Smart Mobility Zhangjiakou Automotive Electronics Co., Ltd. (referred to as “Beijing West Smart Mobility”), a Chinese supplier of automobile chassis suspension and braking systems, announced the completion of a Series A funding round that raised 20 billion yuan.

VOYAH nabs 15-billion-yuan credit line from six banks

VOYAH, the premium new energy vehicle brand of Dongfeng Motor, announced today it has secured a 15-billion-yuan credit line from six banks and formed a strategic partnership with the Wuhan Economic and Technological Development Zone Investment Group.

IM Motors launches two Urban Fit variants for LS7 SUV, carrying new AI-enabled cockpit

IM Motors, the premium electric vehicle brand co-backed by SAIC Motor, Alibaba Group, and Zhangjiang Hi-Tech, on June 12 launched its first truly full-vehicle intelligent software product, the "Full-course AI Cabin" (“Quancheng AI Cang” in Chinese pinyin).

Geely-backed ECARX sees 16% YoY jump in Q1 2023 revenue

ECARX, the Chinese automotive intelligent solution developer backed by Geely, on June 12 released its financial report for the first quarter of 2023, revealing impressive growth.