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Gasgoo Daily: NIO’s new brand ‘ONVO’ set for launch in May

Monika From Gasgoo| March 14 , 2024 22:37 BJT

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.

NIO's new brand 'ONVO' set for launch in May

Confirmed by NIO's Chairman Li Bin and co-founder Qin Lihong today, NIO's second brand has been named "乐道," with its English name as "ONVO." "The brand name 'ONVO' was leaked, not officially released," Qin Lihong told reporters. The new brand is scheduled for an official launch in May.

Gasgoo Daily: NIO’s new brand ‘ONVO’ set for launch in May

Photo credit: NIO

Dongfeng Motor's eπ007 BEV model hits market

On March 14, Dongfeng Motor's mid-to-high-end electric vehicle brand, Dongfeng eπ, officially put its first electric sports sedan model, the Dongfeng eπ007, onto the market, with four trim levels priced from 159,600 yuan to 199,600 yuan.

CHINALCO, Dongfeng Motor sign strategic cooperation agreement

On March 11, the Aluminum Corporation of China ("CHINALCO") and Dongfeng Motor Corporation signed a strategic cooperation agreement at CHINALCO's headquarters. According to the agreement, both parties will deepen their cooperation in areas such as technological innovation, industry and supply chain, and comprehensive vehicle solutions.

ZEEKR's fire new 'crossover SUV' likely to be named ZEEKR MIX

Recently, China's Ministry of Industry and Information Technology ("MIIT") unveiled the patent images of a brand-new "crossover SUV" (the carmaker's official term) under Geely's ZEEKR brand. The images hint at a future model potentially named ZEEKR MIX, as indicated by the badge on the vehicle's rear.

FAW Jiefang, MAHLE team up on product & technology fronts

On March 13, Chinese commercial vehicle maker FAW Jiefang announced that it signed a strategic cooperation framework agreement with MAHLE Automotive Technologies (China) Co., Ltd. (referred to as “MAHLE”) in Changchun, Jilin Province.

Inceptio Technology, Dongfeng Trucks deliver first-batch intelligent heavy-duty trucks to STO Express

On March 9, STO Express, Dongfeng Trucks, and Inceptio Technology jointly held a ceremony to mark the batch delivery of intelligent heavy-duty trucks.

Dongfeng Honda's first LINGXI-branded vehicle model unveiled in MIIT's catalogue

Chinas 'of Industry and Information Technology recently released the 381st batch of "Road Motor Vehicle Manufacturers and Products" catologue, revealing the first model under Dongfeng Honda's LINGXI new energy vehicle brand, the LINGXI L.

Dongfeng Motor Corporation deepens cooperation with CATARC in various aspects

On March 13, Dongfeng Motor Corporation signed a strategic cooperation agreement with China Automotive Technology and Research Center Co., Ltd. (CATARC) to deepen their collaboration in various areas.

NETA Auto's Thailand KD plant starts scale production

Chinese new energy vehicle maker NETA Auto announced on March 13 a significant breakthrough in its globalization efforts, specifically within the Thai market.

The company's Thailand subsidiary has been granted the 185 certification by the Thai government, a critical step that signifies the commencement of scale production at NETA Auto's KD (Knock-Down) factory in Thailand.

Sinopec, CATL seal framework agreement to advance green, low-carbon industry development

On March 13, China Petrochemical Corporation ("Sinopec") and the Chinese power battery giant CATL signed a strategic cooperation framework agreement in Beijing, according to a post on Sinopec's WeChat account.

Autoliv's steering wheel factory finds home in China's Hefei city

On March 13, a landmark signing event took place between the Chinese division of Sweden's Autoliv and the government of Feixi County in Hefei city, indicating that Autoliv's steering wheel factory has founded home in the capital of east China's Anhui province, according to a post on the "Hefei Fabu" WeChat account.

FORVIA HELLA launches new electronics subsidiary in China's Nanjing city

In an effort to fast-track its presence in the new energy vehicle sector and cater to the diverse needs of Chinese automotive manufacturers with more flexible business models, FORVIA HELLA announced the establishment of HELLA (Nanjing) Electronics Co., Ltd. in Nanjing city on March 13. This move marks a significant expansion of its business landscape in the Chinese market.

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