Gasgoo Daily: Yang Qing appointed as chairman of Dongfeng Motor Corporation

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.

Yang Qing appointed as chairman of Dongfeng Motor Corporation

On October 27, 2023, Dongfeng Motor Corporation convened a meeting for senior and above management personnel and the decision regarding the major leadership reshuffle at Dongfeng Motor Corporation was announced at the meeting. Yang Qing has been appointed as the Chairman and Party Committee Secretary of Dongfeng Motor Corporation, while being relieved of his duties as General Manager of the company.

NIO opens 2001st battery swap station at Zhuhai International Circuit

NIO, the Chinese electric vehicle manufacturer, has inaugurated its 2,001st battery swap station at the Zhuhai International Circuit. The opening of this station further enhances NIO's network of battery swapping infrastructure, making electric vehicle ownership more convenient for its users.

Photo credit: NIO

CATL commences production at Guizhou base’s Phase I

On October 27, the inauguration ceremony for the production of new energy power and energy storage batteries at the CATL base in Guizhou city was held in the Guian New Area. The first phase of the base's project officially commenced production. In 2022, construction officially began on the CATL Guizhou base. With a total investment of approximately 7 billion yuan, the base’s designed annual production capacity for power and energy storage batteries is 30 GWh.

Tesla Model Y Performance version rises on price in China by 14,000 yuan

On October 27, Tesla announced an immediate price increase of 14,000 yuan for the Model Y Performance version in China, with the adjusted starting price now at 363,900 yuan.

WeRide showcases L4 autonomous Robobus service at FII 2023 in Saudi Aribia

During October 24-26, 2023, at the 7th Future Investment Initiative (FII) in Riyadh, the capital of Saudi Arabia, WeRide, the Chinese autonomous driving tech firm, was invited to attend and showcased its L4 autonomous driving shuttle (Robobus), and offered VIP test rides.

TuSimple completes inaugural L4 autonomous truck testing on Tokyo-Nagoya expressway

On October 27, 2023, autonomous driving technology company TuSimple announced the successful completion of the company’s first-ever L4 autonomous truck testing on the "Tokyo-Nagoya" expressway in Japan.

Sunwoda EVB partners with Shinko Shoji to in Japanese industrial machinery field

Shanghai (Gasgoo)- On October 26, Chinese power battery maker Sunwoda Electric Vehicle Battery Co., Ltd., (“Sunwoda EVB”) and Shinko Shoji Co., Ltd., a leading Japanese industrial machinery company, signed a strategic cooperation memorandum at the Japan Mobility Show 2023 (formerly named "Tokyo Motor Show").

VOYAH plans to equip more models with Baidu Apollo’s intelligent driving solution

At the recent Baidu World 2023 conference, VOYAH, the high-end new energy vehicle brand under Dongfeng Motor, showcased the all-new VOYAH FREE, which is equipped with Baidu Apollo’s smart driving system.

GAC Group scores 2-digit YoY growth in Q1-Q3 2023 revenue

In the first three quarters of 2023 (Q1-Q3 2023), GAC Group achieved consolidated gross revenue of 98.182 billion yuan, representing a 22.17% jump year-on-year, according to the group's latest quarterly financial results released on October 26.

China’s locally-made passenger vehicle retail sales likely to rise 9.5% YoY in Oct. 2023: CPCA

China's domestic passenger vehicle ("PV") retail sales are anticipated to reach 2.02 million units in October 2023, which should climb 9.5% from the previous year and edge up 0.1% from the previous month, according to the China Passenger Car Association ("CPCA").

SAIC Motor sees quarterly revenue, net profit, car sales rise consecutively in Q1-Q3 period

SAIC Motor announced on Thursday that its gross revenue reached roughly 196.787 billion yuan in the third quarter (Q3) of this year, sliding 6.92% from the previous year.