Gasgoo Daily: Nissan considers exporting China-made cars to boost sales

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.

Nissan considers exporting China-made cars to boost sales

Nissan Motor has lowered its sales expectations in China and is now considering the possibility of exporting China-made cars, according to Reuters. The CEO of Nissan Motor, Makoto Uchida, mentioned that the company hasn't yet finalized any export plans or target markets for Chinese-produced vehicles. However, Uchida emphasized the need for Nissan to explore new measures to support its operations in China, where last quarter's sales declined by 46% from a year ago. He stated, "In the future, we will change our operational approach in China."

Photo credit: Nissan

Toyota, XCMG cooperate in hydrogen energy field

Toyota Motor inked a strategic cooperation agreement with XCMG, a leading Chinese machinery maker based in Xuzhou city, Jiangsu Province. The agreement aims to promote joint innovation in cutting-edge technological research and applications, including hydrogen fuel cell vehicles and core components. The signing of the XCMG-Toyota strategic cooperation agreement will center around Xuzhou to establish a hydrogen vehicle and core components industry base.

VOYAH settles headquarters in Wuhan city

Dongfeng Motor’s premium new energy vehicle brand VOYAH inked a strategic cooperation agreement with the authorities of Junshan New City on July 26 to establish its corporate headquarters in the "Valley of Cars" in Wuhan, the capital city of Hubei Province. The move aims to foster growth and development for VOYAH within the automotive sector in Wuhan.

LiDAR maker tanway bags over 100 million yuan in Series A+ financing

Chinese LiDAR maker tanway recently announced the completion of its A+ funding round, raising over 100 million yuan.

NavInfo helps Qingdao city build smart transportation system

Recently, the construction of the smart city project co-built by Qingdao Huatong Group and NavInfo, named Smart Nanjing Road, in Qingdao has been completed.

Trugo Tech inaugurates intelligent chassis-by-wire manufacturing factory in Changsu city

On July 25, Chinese chassis-by-wire tech developer Shanghai Trugo Technology Co. Ltd. (“Trugo Tech”) celebrated the beginning of operation at its intelligent chassis-by-wire manufacturing factory in Changshu Economic Technological Development Area, Changshu city, Jiangsu province, according to a post on the company's WeChat account.

Geely’s AEROFUGIA to supply Sino Jet with eVTOLs

On July 26, AEROFUGIA, an electric aviation technology company under Geely Technology Group, along with the leading investor Tsinghua Holdings Capital and other participating investors, celebrated the successful completion of its first strategic round of financing, according to a post on the company’s WeChat account.

Geely RADAR exports first batch of vehicles overseas

On July 25, the ceremony for the export of the first batch of Geely RADAR brand’s overseas model was held at the smart factory in Zibo city, Shandong province, the automaker announced via its WeChat account.

Li Auto’s sleep assistant system patent granted

Beijing Chehejia Information Technology Co., Ltd., an affiliate of Chinese new energy vehicle startup Li Auto, has been granted a patent for its "Sleep Assistance System and Vehicle," according to the records of China’s National Intellectual Property Administration.

Yueda Kia exports over 10,000 vehicles in July

On July 25, a fleet of brand-new Yueda Kia vehicles smoothly rolled into the port of Yancheng city, Jiangsu Province, where they will soon embark on a journey to 21 countries and regions, including the Philippines, Saudi Arabia, Peru, and Brunei.

WeEn Semiconductors inaugurates first global module factory in Shanghai

On July 25, the grand opening ceremony of WeEn Semiconductors’ WeEn Jinshan Module Factory was held in the Shanghai Bay Area’s High-tech Zone, marking the official commencement of operations for WeEn's first-ever global module factory.

Great Wall Motor begins blind pre-order of ORA Good Cat in Brazil

Recently, Great Wall Motor officially launched the ORA Good Cat in Brazil, the second new energy vehicle (NEV) model it put onto the Brazilian market, according to a press release GWM issued this week.

China’s locally-made passenger vehicle retail sales likely to drop 4.8% YoY in July 2023: CPCA

China's domestic passenger vehicle ("PV") retail sales are anticipated to reach 1.73 million units in July 2023, which should decline 8.6% from the previous month, and also fell 4.8% from the previous year mainly due to the higher base resulting from the purchase tax incentives for year-ago period, according to the China Passenger Car Association ("CPCA").