Gasgoo Daily: GAC Mitsubishi calls for temporary production halt due to sales challenges

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 Mitsubishi calls for temporary production halt due to sales challenges

GAC Mitsubishi recently issued a letter to all employees, acknowledging that sales have fallen far short of expectations and the company is facing operational difficulties due to market transformation. As a result, the company has entered a temporary production halt phase since June this year and will optimize its workforce structure accordingly.

Photo credit: GAC Mitsubishi 

NIO ET5, EL7 achieve five-star Euro NCAP safety rating

NIO's intelligent electric midsize sedan, the ET5, and midsize SUV, the EL7 (the ES7 in China), have both been awarded the five-star safety rating by Euro NCAP under the new 2023 regulations. NIO is the first automaker to achieve this safety rating since the implementation of the Euro NCAP 2023 rules.

Shanxi Province eyes 1:8 ratio of public charging piles to EVs by 2025

According to a "14th Five-Year Plan” for electric vehicle charging and battery swap infrastructure construction issued by the Shanxi provincial government, the province aims to deploy approximately 130,000 public charging piles by the end of 2025, with a ratio of charging piles to electric vehicles not lower than 1:8. The goal is to strive for a ratio of 1:6, meeting the charging needs of 800,000 electric vehicles and achieving full coverage of public charging facilities in counties, towns, villages, and provincial highways.

Tesla Shanghai Gigafactory celebrates 1 millionth Model Y rolling off line

On July 12, the Tesla Shanghai Gigafactory celebrated a significant milestone as the one millionth Model Y rolled off the production line.

XPeng joins hands with Freesbe for global expansion to Israeli market

XPeng, a prominent smart electric vehicle (EV) company, announced earlier this week its strategic partnership with Freesbe for the Israeli market. Freesbe will play a crucial role in developing XPeng's sales and service network throughout Israel.

Chery Arrizo 8 High-Performance Edition hits market, starting at 129,900 yuan

Chery Auto, one of China's major automakers, officially put the Arrizo 8 High-Performance Edition onto the market on July 12.

NIO announces completion of strategic equity investment from CYVN

NIO, the Chinese electric vehicle manufacturer, on July 13 announced the successful completion of the previously disclosed strategic investment of $738.5 million from CYVN Investments RSC Ltd., an affiliate of CYVN Holdings L.L.C., an investment vehicle majority owned by the Abu Dhabi Government with a strategic focus on advanced and smart mobility (collectively referred to as “CYVN Entities”).

WeRide deploys Robobus, Robosweeper fleets in Dalian city

WeRide, the Chinese autonomous driving solution provider, officially launched its autonomous driving demonstration project in Dalian, the coastal city of Liaoning Province, on July 7 after 180 days of testing. The WeRide Robobus and Robosweeper, the first autonomous vehicle fleet deployed in Dalian, commenced operations.

AISpeech launches DFM-2 language large model

On July 12, AISpeech, the Chinese developer of intelligent speech solutions, officially unveiled its self-developed large-scale dialogue-based language model, DFM-2.

Joyson Electronics’ NESINEXT to introduce Elektrobit’s software, engineering services

Elektrobit, a renowned global provider of embedded and connected software products, and NESINEXT, a subsidiary of Joyson Electronics, recently announced a collaboration under which the latter will introduce the former’s software and engineering services to automotive manufacturers and suppliers in China, according to a post on Elektrobit’s WeChat account.

EVE Energy, Li-Cycle ink MoU to co-explore sustainable battery recycling solutions

On July 10, Huizhou EVE Energy Co., Ltd. (referred to as "EVE Energy") and Li-Cycle Holdings Corp. (referred to as "Li-Cycle") signed a memorandum of understanding (“MoU”) in Huizhou city.

Tesla to launch Cyberquad for Kids in China

Tesla announced via its official Weibo account on July 11 that the highly anticipated Cyberquad for Kids will hit the Chinese market in just three days.

Official images of VOYAH Zhuiguang PHEV unveiled

Dongfeng Motor's new energy vehicle brand, VOYAH, unveiled a PHEV (Plug-in Hybrid Electric vehicle) addition to its Zhuiguang sedan lineup.

NETA Auto forges strategic partnership with global tech distributor AVNET

AVNET, a leading global technology distributor and solutions provider, and NETA Auto, one of Chinese leading new energy vehicle (NEV) startups, recently signed a strategic cooperation framework agreement in Shanghai, according to a press release from AVNET.

Tuopu Group sets up Robot Division

In response to its business expansion, Tuopu Group has established a dedicated Robot Division, the Chinese auto parts supplier announced on July 12 via its WeChat account.