Gasgoo Daily: NIO: new sub-brand NOVO holds no plans for future independent listing

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: new sub-brand NOVO holds no plans for future independent listing

At a media briefing, NIO's Chairman and CEO Li Bin stated that NOVO, the new sub-brand of NIO, will not seek an independent listing in the future. He explained that the R&D and marketing expenses for NOVO are already included in NIO's overall budget, and there are no plans to change this approach.

ONVO L60; photo credit: NIO

Xiaomi's large language model MiLM officially registered

Xiaomi announced that its large language model, MiLM, has officially passed the regulatory registration process. MiLM will gradually be integrated into Xiaomi's ecosystem, including its cars, smartphones, and smart home products. The company also plans to make MiLM available for more users to experience in the future.

Wuhan Economic Development Zone Boosts NEV Exports

On May 15, Wuhan Economic & Technological Development Zone (WEDZ) held a seminar to promote the export of Hubei Province's new energy vehicle (NEV) industry. It was revealed that WEDZ's vehicle exports exceeded 10 billion yuan last year, soaring 194.61% year over year. The WEDZ is developing policies to support the automotive industry's international expansion. WEDZ is a key hub in China's national automotive cluster, hosting nine vehicle manufacturers, 14 vehicle factories, and over 1,200 auto parts companies.

Unmanned logistics solution developer SENIOR inaugurates headquarters in Deqing, Zhejiang province

On May 15, global all-scenario unmanned logistics solution provider SENIOR inaugurated its headquarters in Deqing county in Zhejiang province.

https://autonews.gasgoo.com/new_energy/70033074.html

Li Auto launches 400th supercharging station

On May 16, Chinese new energy vehicle maker Li Auto announced the launch of its 400th supercharging station.

Autra Tech, Dongfeng Liuzhou Motor rolls off first-batch intelligent heavy-duty trucks

On May 14, autonomous truck solution developer Autra Tech, in collaboration with Dongfeng Liuzhou Motor (DFLZ), rolled off the first batch of their co-developed 20 AutraOne intelligent logistics vehicles.

DEEPAL unveils official images of new compact SUV S05

On May 15, DEEPAL, the new energy vehicle brand under Changan Automobile, released official images of its new model, the S05.

Beijing expands autonomous vehicle testing to include routes to Beijing South Railway Station

On May 15, the Office of Beijing High Level Autonomous Driving Demonstration Zone (BJHAD) announced new testing roads and areas for autonomous vehicles. The new routes cover the Beijing Economic-Technological Development Area (Beijing E-Town) and extend to Beijing South Railway Station.

Farasis Energy forms cooperation with India’s Ingar on power battery business

On May 15th, the largest automotive and motorcycle parts exhibition in Southeast Asia, "INAPA 2024," raised its curtain in Jakarta, Indonesia, where Farasis Energy showcased its latest mass-produced Super Pouch Solution (SPS) and exhibited its electric motorcycle standard batteries, models 7432 and 7455, along with a range of battery swapping products.