Gasgoo Daily: SAIC Motor sees new energy vehicle sales grow MoM for 8th consecutive months

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.

SAIC Motor sees new energy vehicle sales grow MoM for 8th consecutive month

SAIC Motor said its new energy vehicle sales reached roughly 92,000 units in August 2023, rising month on month for the eighth month in a row.

Rising Auto's F7; photo credit: Rising Auto

Leadrive secures strategic investment from Volvo Car Technology Fund AB

Leadrive Technology (“Leadrive”), a Chinese leading manufacturer of automotive powertrain for new energy vehicles, recently announced its receipt of a strategic investment from Volvo Car Technology Fund AB. According to the agreement, Volvo Car Technology Fund AB participated in Leadrive's Series C+ funding round, and the investment transaction was successfully concluded in the recent period.

Intelligent car solution provider Banma to settle Southwest Headquarters in Chongqing

Banma, a Chinese intelligent car solution provider backed by Alibaba Group and SAIC Motor, announced on Sept. 4 via its WeChat account that its Southwest Headquarters will be established in the Western Science City within the Chongqing High-tech Industrial Development Zone. With AliOS as its core intelligent automotive operating system, it will collaborate with ecosystem partners to drive the development of a new intelligent automotive product and service industry chain, encompassing intelligent cabins, integrated cockpits, and data-driven services.

SAIC Motor's MG brand displays three EV models at IAA MOBILITY 2023

The IAA MOBILITY 2023 kicking off on Sept. 4 served as a momentous occasion as SAIC Motor's MG brand introduced three of its key electric vehicle (EV) models: the MG Cyberster, MG4 Electric XPOWER Performance Edition, and the Marvel R.

Chinese auto parts supplier INOVANCE Automotive displays multiple technical solutions at IAA MOBILITY 2023

At the IAA MOBILITY 2023, Suzhou Inovance Automotive Co., Ltd. (INOVANCE Automotive), a Chinese company devoted to providing all electronic and mechanical components of ePowertrain, unveiled an array of product solutions that encompassed electric bridge solutions, passenger vehicle product series, commercial vehicle product series, and remanufactured product series. The company said it has already secured projects with numerous top-tier global clients in Europe and the Americas, with several products already going into mass production.

AVATR 12 makes global debut at IAA MOBILITY 2023

On September 5, AVATR, the premium new energy vehicle brand jointly developed by Changan Automobile, Huawei, and CATL, officially unveiled its the luxurious AVATR 12 sedan.

XPeng showcases international versions of P7i, G9 models at IAA MOBILITY 2023

At the IAA MOBILITY 2023 that kicked off this week, Chinese new energy vehicle (NEV) maker XPeng made its debut on the global stage with the international versions of the P7i and G9 models. This prestigious international auto exhibition serves as the platform for XPeng to announce its plan to enter into the German market in 2024, alongside an extensive global expansion strategy.

Horizon Robotics showcases commercial achievements at IAA MOBILITY 2023

Horizon Robotics, the Chinese provider of high-performance intelligent driving computing solutions, announced that its Journey series chips have reached a production volume of nearly 4 million units at the IAA MOBILITY 2023 in Munich.

BYD Seal hits European market at IAA Mobility 2023

On Sept. 4, BYD made a dazzling entrance at the IAA MOBILITY 2023 in Munich, showcasing an array of its six new energy vehicle (NEV) models. Among the stars of the show were the BYD Seal, the Song PLUS EV Champion Edition, and the overseas-named BYD ATTO 3 (Yuan PLUS), along with the BYD Dolphin, the Han, and the DENZA D9.