Gasgoo Daily: BAIC Motor’s auto sales in Jan.-Sept. 2023 to surpass 2022’s full-year volume

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.

BAIC Motor's auto sales in Jan.-Sept. 2023 to surpass 2022's full-year volume

BAIC Motor, the Chinese automaker under BAIC Group, announced on Sept. 28 that its cumulative vehicles sales for the first nine months of this year were expected to reach around 107,000 units, surging 69% year on year and surpassing the full-year volume of last year.

Photo credit: BAIC Motor

SAIC-GM's puts first supercharging stations for Ultium-based cars into operation

SAIC General Motors ("SAIC-GM"), the joint venture between SAIC Motor and General Motors, announced on Sept. 28 that the first-batch supercharging stations serving users of Ultium-based Buick-branded cars have already come online in Shanghai, Wuhan, and Hangzhou cities.

Photo credit: SAIC-GM

Ningbo Shanshan to invest in lithium battery anode materials manufacturing project in Finland

Ningbo Shanshan Co., Ltd. announced on Sept. 27 that it plans to invest no more than €1.28 billion in building an integrated base for lithium battery anode materials in Finland. The project is set to be built in two phases, each of which features a planned production capacity of 50,000 tonnes per year.

China's vehicle inventory alert index in Sept. 2023 grows MoM, YoY

China's vehicle inventory alert index (VIA), which reflects the inventory pressure on automobile dealers, edged up 0.9 percentage points month on month in September 2023, according to the China Automobile Dealers Association (CADA).

BYD Yangwang's first direct-sale store opens for business in Shanghai

On September 28, BYD's premium brand, Yangwang, inaugurated its first direct-sale store in China, which is located at the iconic skyline of Shanghai, the Bund.

DeepRoute already forges multiple mass-production partnerships for DeepRoute-Driver 3.0 solution

On September 28, Liu Xuan, Vice President of DeepRoute, the Chinese autonomous driving solution provider, announced at the 6th Global Intelligent Vehicle Industry Conference (GIV2023) that since the introduction of the DeepRoute-Driver 3.0 intelligent driving solution in March, which doesn't rely on high-precision maps, the company have established volume-production partnerships with several automakers.

JAC Group reports net profit of 170 million yuan in Jan.-Aug. 2023

Chinese legacy automaker JAC Group saw a substantial growth in its business performance during the Jan.-Aug. period of this year, according to the company's announcement on September 26.

WeRide permitted to test autonomous vehicles on highways in Beijing

The Beijing High-level Automated Driving Demonstration Area (BJHAD) recently released a notice regarding the airport highway test roads and test areas. WeRide, the Chinese autonomous driving solution provider, has taken the lead in obtaining qualifications to test autonomous vehicles on the demonstration zone's high-speed roads.