Gasgoo Daily: First mass-produced unit of BAO 5 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.

First mass-produced unit of BAO 5 rolls off line

BYD's new sub-brand, FANG CHENG BAO, announced on September 27 the official rollout of the first mass-produced unit of its inaugural model, the BAO 5. This model made its debut at the Chengdu Motor Show 2023 in August, simultaneously opening for pre-orders with a price range of 300,000 yuan to 400,000 yuan. It is expected for delivery later this year.

BAO 5; photo credit: FANG CHENG BAO

Leapmotor Automobile records increase in registered capital

According to Chinese corporate database Tianyancha, Leapmotor Automobile Co., Ltd., which is wholly-owned subsidiary of Zhejiang Leapmotor Technology Co., Ltd., recently underwent a business information change, with its registered capital increased from 2.908 billion yuan to 4.708 billion yuan.

Li Auto introduces App-credit-based charging discount at supercharging stations

On September 26, Li Auto announced through its official WeChat account that it had launched a new feature enabling App-credit-based discounts for vehicle charging at Li Auto's supercharging stations.

Currently, the charging prices at Li Auto' supercharging stations located within highway service areas are generally in line with those at other public charging stations. In addition to this competitive pricing, owners of the Li ONE and L-series vehicles will now enjoy the added benefit of redeeming credits to offset their charging expenses when using Li Auto's supercharging stations.

BYD Electronics inks agreement to acquire Jabil Inc.'s electronics manufacturing business

BYD Company Limited ("BYD") announced that its non-wholly owned subsidiary, BYD Electronic (International) Company Limited ("BYD Electronics"), signed a formal share acquisition agreement on September 26 with Jabil Circuit (Singapore) Pte. Ltd., a subsidiary of Jabil Inc.

Changan Qiyuan A07 starts pre-order, starting at 155,900 yuan

On September 26, Changan Qiyuan, the embodiment of Changan Auto's new energy vehicle aspirations, kicked off pre-orders for its A07 model.

Autonomous driving tech firm SENIOR sets roots in Huzhou, Zhejiang Province

SENIOR, a Chinese provider of autonomous driving solutions for commercial vehicles, signed an agreement for its headquarters project in Moganshan Hi-tech Industry Development Zone in Huzhou city, Zhejiang Province, according to the company’s announcement.

CATL, CHINT to cooperate in energy, smart manufacturing fields

On September 26, Chinese power battery giant CATL and the smart energy solutions provider CHINT Group Co., Ltd. ("CHINT"), signed a strategic cooperation agreement in Hangzhou city, Zhejiang province, marking a significant collaboration in the energy sector.

Li Auto hits milestone of delivering 500,000th vehicle

On September 27th, Li Auto completed the delivery of its 500,000th vehicle at its delivery center in Shunyi district, Beijing city. The significant vehicle is a Li L7, the company's family-oriented five-seater flagship SUV.

SGMW's Baojun Yunduo Lingxi Edition goes on sale, starting at 125,800 yuan

SAIC-GM-Wuling ("SGMW")'s Wuling brand has welcomed a new addition to its family with the launch of the Baojun Yunduo Lingxi Edition. This latest offering, which is now available on the market, introduces two distinct trim levels: the 460 Pro Lingxi Edition, priced at 125,800 yuan, and the 460 Max Lingxi Edition, available for 133,800 yuan.