Gasgoo Daily: Li Auto's MEGA MPV to be launched in December this year

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.

Li Auto's MEGA MPV to be launched in December this year

At the Chengdu Motor Show 2023, Li Auto revealed the anticipated timeline for the launch of the MEGA, its first all-electric MPV. The official release is scheduled for December of this year, followed by a showroom debut in January and user deliveries commencing in February next year.

Photo credit: Li Auto

Huawei and China Mobile jointly accomplish 5G V2X tech verification

Under the coordination of China Mobile Research Institute, Huawei has collaborated with China Mobile’s branches in Chongqing, Jiangsu, and Shanghai to successfully complete nationwide V2X (vehicle-to-everything) trials based on 5G commercial networks (full Uu air interface). The end-to-end communication average latency was measured below 17ms, meeting expectations. This signifies the feasibility of 5G commercial networks supporting V2X services.

BYD kicks off presale of BYD Seal DM-i

At the opening day of the Chengdu Motor Show on August 25, BYD officially started pre-sales of its “new-generation mainstream mid-sized sedan”, the BYD Seal DM-i. Coming with six trim levels, the model features a pre-sale price range of 176,800 yuan to 246,800 yuan.

Photo credit: BYD

GAC Group's H1 2023 revenue rises YoY, but net profit plunges

GAC Group recently unveiled its financial data for the first half of 2023 (H1 2023), shedding light on a period marked by both growth and challenges. While the conglomerate reported a robust 27.16% year-on-year (YoY) increase in consolidated operating revenue, reaching approximately 61.911 billion yuan, its net profit attributable to shareholders witnessed a decline of around 48.42% from the previous year, settling at about 2.966 billion yuan. The basic earnings per share for this period also showed a YoY decrease of around 49.09%, standing at around 0.28 yuan.

XPeng teams up with DiDi to accelerate smart EV adoption

Chinese smart electric vehicle startup XPeng and global ride-share giant DiDi jointly announced today a strategic partnership aimed at maximizing their respective strengths to propel the mass adoption of smart electric vehicles and related technologies.

JAC Group's revenue jumps 25.87% YoY in H1 2023

JAC Group achieved a total revenue of 22.369 billion yuan in the first half of 2023, marking a robust year-on-year growth of 25.87%, according to the company's semi-annual report released on August 25.

BYD Electronics to acquire Jabil Inc.’s mobile electronics manufacturing business

BYD Company Limited ("BYD"), in conjunction with its subsidiaries known as the "Group," today announced a significant acquisition. Its subsidiary, BYD Electronic (International) Company Limited, ("BYD Electronics") has inked an acquisition framework agreement with Jabil Circuit (Singapore) Pte. Ltd. ("Jabil Singapore"), a subsidiary of Jabil Inc., one of the world's most prominent electronics manufacturing service and solution providers.

GAC AION initiates Southeast Asia strategy by signing agreements with seven dealerships

In a grand ceremony held in Bangkok on August 25, representatives from seven dealerships across four countries - Thailand, Myanmar, Vietnam, and Singapore - joined hands with GAC AION, a Chinese leading new energy vehicle maker under GAC Group, marking the initiation of a significant collaborative agreement.