Gasgoo Daily: DENZA N7 arrives at offline stores, deliveries to begin in July

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.

DENZA N7 arrives at offline stores, deliveries to begin in July

The DENZA N7 has made its way to DENZA’s offline sales stores. Currently in the blind ordering phase, the new car is scheduled to hit the market in late June and deliveries will commence in July.

PCG Power raises 500 million yuan in Series A+ funding

Chinese energy management services provider PCG Power announced the completion of its Series A+ funding, which raised for the company 500 million yuan. The funds will primarily be used for the development of reserve projects, as well as the construction of related management and technological platforms. Participants of the round included Sunwoda and SenseTime’s capital.

Hainan Province plans to issue subsidies to encourage NEV usage

On June 14, the Hainan Provincial Department of Industry and Information Technology released a notice that revealed plans to distribute subsidy funds totaling 67.026 million yuan to 29,676 new energy vehicle purchasers, including individuals and corporate users, who meet the subsidy criteria.

NIO denies rumor of sharing battery swap stations with Mercedes-Benz

Recently, there was a rumor shown in an image online saying that NIO would share its battery swapping network with Mercedes-Benz's next-generation all-electric vehicles.

Amap applies for registration of 'GPT'-related trademarks

Chinese navigation service developer AutoNavi Software Co., Ltd., recently applied for the registration of two trademarks, "Gaode ChatITS" under the transportation storage and website services category, and “Gaode ITSGPT” (“Gaode” translated to Chinese pinyin) under the scientific instruments category.

NETA Auto to launch NETA GT without ‘eyebrow’ design in Q4 2023

In April of this year, NETA Auto, the Chinese new energy vehicle (NEV) maker under HOZON Auto, launched its flagship pure electric sports car, the NETA GT, with an official price range of 178,800 yuan to 226,800 yuan. An iconic design element of this model is a pair of distinctive "eyebrow" features on the front hood. However, not all customers have appreciated this aesthetic decision, with some expressing the desire for a version without it.

Meizu's FlymeAuto to unveil first in-car real experience in Zhuhai

Geely-backed smartphone maker Meizu's subsidiary, Flyme, announced that the Flyme Auto onboard operating system will undergo its first live vehicle experience in Zhuhai from June 14 to 15.

Huawei acquires "Wenjie" trademark

Chinese ICT giant Huawei has recenlty acquired a total of 21 "Wenjie"-related trademarks, which is the Chinese name of Huawei and SERES Group’s premium new energy vehicle brand AITO, according to the information from the China National Intellectual Property Administration.

NIO Capital co-leads Meritech Integrated Circuits' Series A funding

On June 14, Beijing-based chip supplier Meritech Integrated Circuits Co., Ltd. (referred to as "Meritech") announced the completion of its Series A financing round, with 100 million yuan raised.

Dongfeng Motor unveils Venucia-branded fuel cell passenger car’s engineering prototype

Dongfeng Motor Corporation, a leading Chinese automobile manufacturer, announced a few days ago via its WeChat account that the engineering prototype of its Venucia hydrogen fuel cell passenger car made its debut. The automaker plans to deliver 10 mass-produced units of this vehicle for demonstration operation by the end of 2023.

SGMW puts Wuling Jiachen HEV version onto market

On June 13, SAIC-GM-Wuling (“SGMW”) officially announced the launch of its Wuling Jiachen MPV’s HEV version, which is priced at 115,800 yuan.

Geely, Linglong Tire set up joint digital lab for tire technology development

Geely Automobile Research Institute and Linglong Tire jointly announced the establishment of the "Geely Engineering Center & Linglong Technology Center TIH Laboratory" on June 13.

China’s Fujian Province issues policies to boost NEV industry development

The Fujian Provincial Department of Industry and Information Technology, along with nine other departments, recently issued the "Implementation Opinions on Fully Promoting the Construction of 'Electric Fujian' (2023-2025)" (hereinafter referred to as "Opinions").

SAIC Volkswagen puts Lavida XR onto market, starting at 99,990 yuan

On June 13, SAIC Volkswagen's Lavida family has officially launched its latest entry-level model - the Lavida XR. The new car comes with two trim levels, which are priced at 99,990 yuan and 109,990 yuan, respectively.