Gasgoo Daily: BYD launches separate Apps/mini programs for Dynasty, Ocean series

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.

BYD launches separate Apps/mini programs for Dynasty, Ocean series

BYD has introduced a significant upgrade to its mobile offerings. Starting August 31, the BYD Automobile App/Mini Program has been officially revamped into two separate systems, the BYD Dynasty App/Mini Program and the BYD Ocean App/Mini Program. These two systems will operate independently.

Photo credit: BYD

Li Auto issues time-limited insurance subsidy

According to a post on Li Auto's WeChat account, from August 30, 2023, to September 30, 2023, customers purchasing insurance from the company's collaborative insurance agencies will be eligible for an insurance subsidy of up to 10,000 yuan.

New BYD Tang models hits market

On August 31, BYD's Tang family officially saw its refreshed models hit the market. With a price range of 249,800 yuan to 309,800 yuan, they are composed of the Tang DM-i Champion edition, the Tang EV Champion edition, the Tang DM-p Champion edition, and the Tang DM-p Zhanshen (literally meaning "God of War"), offering seven trim levels in total.

Photo credit: BYD

Changan Automobile's net profit surges 30.65% YoY in H1 2023

Chinese automaker Chongqing Changan Automobile Company Limited (Changan Automobile) saw a double-digit year-on-year growth in both semi-annual revenue and net profit, according to its report released on August 30.

China's Xinjiang Uygur Autonomous Region aims to deploy over 1,500 fuel cell vehicles by 2025

By 2025, China's Xinjiang Uygur Autonomous Region is to establish a number of hydrogen energy industry demonstration zones, achieving an annual renewable hydrogen production capacity of 100,000 tonnes and promoting over 1,500 hydrogen fuel cell vehicles, according to a governmental action plan issued recently.

Yoocar Technology partners with Ya'an city to advance development of autonomous driving tech

Yoocar Technology, a leading V2X solution provider in China, on August 29 signed a cooperation framework agreement with the Economic Development Zone of Ya’an city, Sichuan Province.

This agreement sets the stage for deep collaboration in the fields of autonomous driving and intelligent connected vehicles, leveraging the strengths of both parties and other partners involved.

AVATR raises 3 billion yuan in B round financing

On August 30, AVATR, the premium new energy vehicle brand jointly backed by Changan Automobile, Huawei, and CATL, announced the successful completion of its B round financing with 3 billion yuan secured.

XPeng completes deployment of super-fast charging network in 100 cities

On August 31, with the inauguration of its S4 ultra-fast charging station in Zhangzhou city, Fujian province, XPeng has accomplished a comprehensive deployment of its super-fast charging network across 100 cities, lifting the cumulative volume of the station in this kind to 233, according to a post on the company's WeChat account.

Xiaomi pours in 1.4 billion yuan in innovative business including car-making in Q2 2023

On August 29, Xiaomi Group unveiled its financial results for the second quarter and the first half of 2023, along with a teleconference meeting. The company also unveiled data point concerning Xiaomi's automaking endeavors.

Great Wall Motor posts YoY rise in H1 2023 revenue, but net profit slumps

Great Wall Motor Company Limited ("GWM") unveiled its mid-year financial report for 2023. The company recorded revenues of 69.971 billion yuan in the first half of the year (H1), signifying a remarkable 12.6% year-on-year growth. This achievement marks the third consecutive year of growth for the automaker. However, in a contrasting trend, its H1 net profit attributable to shareholders plunged by 75.69% from the previous year, standing at 1.361 billion yuan.

SAIC Motor, QingTao Energy to develop new-generation solid-state battery

SAIC Motor and QingTao (Kunshan) Energy Development Co., Ltd. (QingTao Energy) are poised to establish a joint venture named SAIC QingTao New Energy Technology Co., Ltd. (subject to approval by the Market Supervision Administration) to enhance their competitive edge in the new energy vehicle market, QingTao Energy announced on August 30 via its WeChat account.