Gasgoo Daily: YANGWANG adds 17 authorized after-sales service stores

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.

YANGWANG adds 17 authorized after-sales service stores

YANGWANG, the premium new energy vehicle brand under BYD, announced on July 19 that its after-sales service network had so far covered 63 prefecture-level cities and 30 provincial-level administrative regions across China with 17 authorized stores recently opened.

Photo credit: YANGWANG

Chery's 2025 EXEED TXL model hits market

Chery's high-end brand EXEED officially put the 2025 EXEED TXL (named "Lingyun" in Chinese Pinyin) onto the market. This mid-sized SUV is available in four variants, with prices ranging from 129,900 yuan to 169,900 yuan.

GAC AION's Hyper brand to release new large-sized SUV model in Sept.

Hyper, the premium brand under GAC AION, plans to put a fire new large-sized all-electric SUV model code-named AH8 onto the market in September this year, according to a local media outlet. The new model is said to adopt a “2+2+2” seating layout.

China's Shenzhen city has 1.08 million new energy vehicles running on roads by June 2024

As of June 2024, China's megacity Shenzhen has had approximately 4.263 million motor vehicles running on roads, of which 1.08 million are new energy vehicles (NEVs), representing over a quarter of the total, according to the information from official website of the Shenzhen Municipal Government.

Chery's Tiggo 8L kicks off pre-sale from 147,700 yuan

On July 17, Chery officially commenced pre-sale of its new flagship model in the Tiggo family, the Tiggo 8L, with a starting price of 147,700 yuan.

Greater Bay Technology supplies power batteries to GAC Hino's fuel cell logistics trucks

Recently, Greater Bay Technology ("GBT") secured a significant designated contract with GAC Hino Motors Co., Ltd. to supply power batteries for GAC Hino's 18-tonne hydrogen fuel cell box logistics trucks, according to a post on GBT's WeChat account. The integration of these batteries into the vehicles has been completed.

Lithium battery materials supplier Zhide Battery raises hundreds of millions of yuan in Series D financing

Lanxi Zhide New Energy Materials Co., Ltd. ("Zhide Battery"), a Chinese lithium battery materials supplier, recently completed its Series D financing round, securing hundreds of millions of yuan, according to the information updated by Tianyancha, a Chinese company information inquiry platform.

Chery EXEED starts pre-sale for 2025 STERRA ES all-electric sedan

On July 19, Chery's EXEED brand officially kicked off pre-sale of the 2025 revamped all electric sedan, the STERRA ES. The refreshed model is available in five variants, with the international edition starting at 199,900 yuan and the 2025 ES pre-sale price ranging from 225,900 yuan to 309,900 yuan.

FAW Toyota's all-new hybrid Prado SUV rolls off production line

On July 19, FAW Toyota officially announced the rollout of the new-generation Prado at its Sichuan factory, and the first batch of deliveries is about to begin soon. The rollout of the new Prado signifies FAW Toyota is ushering in a new era of electrification.

Shanghai's Lin-gang Special Area inaugurates cross-border automotive data center

On July 18, the Shanghai's Lin-gang Special Area Administration and China Automotive Technology and Research Center Co., Ltd. (CATARC) signed a strategic cooperation agreement. Additionally, agreements were signed with CATARC Automotive Technology (Shanghai) Co., Ltd. (CATARC Technology) and Shanghai Lingang Sci-Tech City Economic Development Co., Ltd. (Lingang Sci-Tech City).

Black Sesame Technologies' chip facilitates Dongfeng eπ007's smart driving system upgrade

On July 17, automotive computing chip supplier Black Sesame Technologies announced that its A1000 chip has successfully helped Dongfeng Motor's eπ007 model upgrade its intelligent driving capabilities.