Gasgoo Daily: GAC AION’s Hyper GT to hit market in early 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.

GAC AION's Hyper GT to hit market in early July

GAC AION's brand-new Hyper GT, which is the first model to ride on AION’s BEV-dedicated AEP 3.0 platform and Xingling E/E architecture, will hit the market in early July, according to a local media outlet.

Hyper GT; photo credit: GAC AION

Mercedes-Benz sets up digital tech company in China

Mercedes-Benz established a new digital technology company in China, named Mercedes-Benz (Shanghai) Digital Technology Co., Ltd., on June 20, as revealed by the Tianyancha App. Wang Xin serves as the legal representative of the company, which features a registered capital of one million yuan.

The new company's business scope encompasses various areas, including the development of artificial intelligence applications, R&D of automotive components, data processing services, 5G communication technology services, software sales, and electronic product sales. Shareholder information indicates that Mercedes-Benz (China) Investment Co., Ltd. holds full ownership of the company.

BYD to begin delivering in September 2023

During a recent investor survey, BYD revealed that the Yangwang U8 Luxury Edition will be delivered from September this year, while the Off-Road Player Edition will begin deliveries at a later date.

China's MIIT supports commercialization of L3+ autonomous driving technologies

On June 21, the China’s State Council Information Office held a routine press conference to discuss measures aimed at promoting the high-quality development of the new energy vehicle industry.

During the conference, it was announced that China's Ministry of Industry and Information Technology (MIIT) will support the commercial application of conditionally autonomous driving (Level 3 and higher) and release updated guidelines for the intelligent connected vehicle standard system in the near future.

Changan Automobile introduces smart car key watch

On June 21, Changan Automobile announced the release of its smart car key watch, priced at 1,518 yuan. The watch offers various functions, including smart vehicle control, health management, and a personal assistant module.

SERES launches European tour with SERES 5 model

On June 17, Chinese automaker SERES Group officially kicked off its inaugural European tour event in Amsterdam, Netherlands. The journey will span 25 days, covering 21 countries including Norway, Germany, Italy, Spain, and France, before returning to its starting point in Amsterdam.

Geely-backed ZEEKR posts increase in registered capital

Zhejiang Zeekr Intelligent Technology Co., Ltd. (referred to as "ZEEKR Auto"), the entity behind Geely Auto’s premium electric vehicle brand ZEEKR, recently underwent a business change, with its registered capital increasing from 9 billion yuan to 10.5 billion yuan, representing a growth of 16.7%, according to the Chinese corporate information inquiry platform Tianyancha.

China extends full NEV purchase tax exemption by another year

In order to support the development of the new energy vehicle (NEV) industry and promote automobile consumption, China’s Ministry of Finance, State Taxation Administration, and Ministry of Industry and Information Technology ("MIIT") recently jointly issued an announcement regarding the continuation and optimization of the policy on purchase tax exemptions for NEVs.

Bosch China secures luxury car brand project for smart cockpit domain controller

Bosch's Cross-Domain Computing Solutions division in China has recently secured a project contract with a renowned luxury car brand for the development of software for the second-generation smart cockpit domain controller based on the Qualcomm SA8295 chip.

Midea's auto parts arm Welling Auto Parts forms strategic partnership with XPeng

On June 20, Welling Auto Parts (Welling), the automotive components division of Midea Group's industrial technology branch, officially announced its strategic cooperation agreement with XPeng, a Chinese new energy vehicle startup.

Freetech to establish global R&D headquarters in Hangzhou

On June 20, Chinese intelligent driving solutions provider Freetech signed an agreement with the Hangzhou MunicipOnal Government to establish its global R&D management headquarters in Hangzhou High-Tech Zone (Binjiang).