Gasgoo Daily: Hongqi’s inaugural prototype of all-new L5 rolls off line

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.

Hongqi’s inaugural prototype of all-new L5 rolls off line

Hongqi officially revealed the first prototype of its highly anticipated all-new L5 model, bearing the internal codename C801. Positioned as a flagship luxury sedan within the L-series, the L5 features a dual-tone exterior and boasts a captivating triple-screen arrangement.

Photo credit: Hongqi

CALB partners with SPIC for green energy development

CALB forged a strategic cooperation agreement with State Power Investment Corporation (SPIC)'s Hubei Electric Power Company, to advance various initiatives, including "zero-carbon parks," user-side energy storage, shared energy storage, new energy bases, green transportation, and electrification of maritime vessels.

Hainan Province aims to have over 1.5 million new energy vehicles by 2030

Hainan Province issued its "Medium- and Long-Term Action Plan for Promoting New Energy Vehicles (2023-2030)," outlining ambitious goals for the next decade. By 2025, the province aims to promote over 500,000 new energy vehicles, with new energy vehicles constituting more than 60% of new additions and an overall vehicle-to-charging ratio below 2.5:1. Additionally, Hainan seeks to achieve a 100% adoption rate of new energy vehicles in the public service and social operation sectors. By 2030, the province aims to have more than 1.5 million new energy vehicles cumulatively, with a new energy vehicle ownership ratio exceeding 45%, a vehicle-to-charging ratio around 2:1.

Tiggo 8 PRO Champion Edition hits market, starting at 126,900 yuan

On August 8, Chery Automobile officially put the Tiggo 8 PRO Champion Edition onto the market, adding another heavyweight model to the Tiggo lineup.

Hongqi's 3rd-Gen L4 Robotaxi sails through autonomous driving test in Beijing

Hongqi, the premium automobile brand under FAW Group, announced the success of its third-generation L4 Robotaxi in the autonomous driving road test license examination conducted within the Beijing High-level Automated Driving Demonstration Area (BJHAD).

Sunwoda EVB to build power battery factory in Hungary

In a strategic move to advance its global expansion strategy and tap into international markets, Sunwoda Electric Vehicle Battery Co., Ltd. ("Sunwoda EVB") will invested approximately 1.9 billion yuan through its subsidiary, Hungary Sunwoda EVB, in establishing a new energy vehicle (NEV) battery plant's first phase in Hungary, Sunwoda Electronic Co., Ltd. ("Sunwoda"), Sunwoda EVB's parent company, announced on Aug. 9 via its WeChat account.

Changan Automobile sees 3.4% YoY rise in July sales

Chinese legacy automaker Chongqing Changan Automobile Co., Ltd., ("Changan Automobile") announced on August 8 that it sold 207,743 vehicles in July 2023, indicating a 3.4% edge up year over year. The company’s year-to-date sales volume reached 1,423,424 vehicles by the end of July, up 7.29% year on year.

JAC Group exports over 100,000 vehicles in Jan.-Jul. 2023

In the seventh month of this year, Chinese automaker JAC Group saw a double-digit rise in monthly sales compared to a year ago, according to the company’s report released on Tuesday.

Geely Auto Group, Longquan city to co-work in NEV-dedicated thermal management industry

On August 8, Geely Auto Group signed an agreement with the government of Longquan city, a county-level city under the administration of the prefecture-level city of Lishui city, Zhejiang province, to carry out cooperation in new energy automotive thermal management, battery swapping, and automobile technology industry investment projects, according to a post on Lishui government's WeChat account.

Bosch’s China joint venture UAES begins operation of Taicang factory’s second phase

On August 8, United Automotive Electronic Systems Co., Ltd. ("UAES"), the joint venture between China's Zhonglian Automotive Electronics Co., Ltd. and Germany's Robert Bosch GmbH, commemorated the 5th anniversary of its Taicang factory's inauguration, and officially announced the beginning of the operation at the Taicang factory's second phase, according to a post on UAES' WeChat account.

BYD TANG EV hits Costa Rican market

Chinese leading new energy vehicle (NEV) maker BYD saw its flagship all-electric SUV, the TANG EV, officially go on sale in Costa Rica on Aug. 3, according to a post on BYD's WeChat account focusing on its overseas moves.

Li Auto boasts highest-ever quarterly revenue, deliveries in Q2 2023

Chinese new energy vehicle maker Li Auto announced its financial report for the second quarter of 2023 (Q2 2023), with record-breaking revenue and delivery volume.