Gasgoo Daily: Mercedes-Benz gains 3% YoY rise in Q1-Q3 China sales

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.

Mercedes-Benz gains 3% YoY rise in Q1-Q3 China sales

In the third quarter of 2023, Mercedes-Benz delivered over 201,500 new vehicles to Chinese customers, continuing its steady growth. This achievement contributed to a total of more than 578,700 new vehicles delivered in the first nine months of 2023, marking a 3% year-on-year increase.

Photo credit: Mercedes-Benz

Li Auto’s Changzhou Factory completes capacity upgrade

Li Auto recently released a video showcasing a tour by CCTV of its advanced manufacturing facility in Changzhou. In the video, the manufacturing director at Li Auto, Li Bin, reveals that the factory has successfully completed a capacity optimization and upgrade process. The startup’s CEO, Li Xiang, had previously disclosed that the third quarter production capacity reached a peak of 34,000 vehicles per month, with any bottleneck components addressed in October. With the enhancement of factory capacity, Li Auto has set an ambitious new target for the fourth quarter, aiming to deliver over 40,000 vehicles each month.

SGMW unveils detailed images of inaugural sedan model under Wuling brand

On October 10, 2023, SAIC-GM-Wuling (SGMW) unveiled detailed images of its Wuling brand's maiden sedan model, the Wuling Xingguang (translates to Starlight in English). The vehicle is built under a fresh design philosophy called "Star Wing Aesthetics," which combines youthful and dynamic elements. It offers customers the choice of six body color options. The highly anticipated sedan is expected to hit the market later this year, broadening Wuling's product portfolio.

Dongfeng Nissan’s Venucia VX6 pure-electric compact SUV rolls off line

On October 10, Dongfeng Nissan’s passenger car brand Venucia announced its latest pure-electric SUV, the Venucia VX6, rolled off the production line at the Guangzhou Huadu factory.

Geely Automobile boasts 31% YoY surge in Sept. sales

In the ninth month of 2023, Geely Automobile Holdings Limited (Geely Automobile) saw its monthly auto sales surge 31% from a year ago, which stood at 170,472 vehicles, according to the company’s announcement in the beginning of October.

Honda Motor’s China sales rise 8.5% year on year in Sept. 2023

In September 2023, Honda Motor recorded a retail sales volume of 109,666 units in China, scoring an 8.5% increase compared to the year-ago period and a 7.2% growth from the previous month, according to the company's official sales data.

ARCFOX joins hands with Bin Omeir Holding Group to enter Middle Eastern markets

BAIC BJEV, the new energy vehicle arm of BAIC BluePark, on October 9 sealed a strategic collaboration with Bin Omeir Holding Group Limited, an enterprise based in the United Arab Emirates (UAE).

Hesai Technology to supply NETA Auto’s new model with AT128 LiDAR

On October 10, Chinese LiDAR manufacturer Hesai Technology announced that it was nominated as the LiDAR supplier of NETA Auto's upcoming vehicle model.

Alibaba, SAIC-backed Banma sees capital injection from FAW Group

Banma Network Technology Co., Ltd. (Banma Network Technology), an Alibaba-affiliated intelligent connected car solution provider, recently introduced a new shareholder, FAW Group's Nanjing FAW Innovation Fund Investment Management Center (Limited Partnership), according to the Chinese corporate database Tianyancha.

GAC AION puts luxury supercar Hyper SSR onto market, starting at 1.286 million yuan

On October 9th, GAC AION's luxury car sub-brand, Hyper, officially announced the official pricing for its all-new supercar, the Hyper SSR.

BYD inks investment agreement with Uzbekistan’s MIIT

On September 26, BYD signed an investment agreement with the Ministry of Investment, Industry and Trade ("MIIT") of the Republic of Uzbekistan, according to BYD's press release. The Uzbekistan authority pledged to provide policy support for BYD and UZAVTOSANOAT JSC ("UzAuto")'s joint venture (namely, BYD Uzbekistan Factory), encompassing the production of both complete vehicles and components.

NIO users so far complete 30 million battery swaps

On October 9 at 18:26:05, at the NIO Power Swap Station in Guanggang New Town, Liwan district, Guangzhou city, an ES8 user completed a battery swap, marking a remarkable achievement that NIO users collectively having completed 30 million battery swaps.