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.

Tesla China extends lead-time of Model Y Standard Range

China-made Model Y

The lead-time of the China-made Model Y Standard Range has been changed to 10-14 weeks from 6-10 weeks, according to Tesla China’s website.

Sunwoda, Wuling Automobile Industry intend to build NEV power battery system JV

Chinese battery supplier Sunwoda Electric Vehicle Battery Co., Ltd. and Liuzhou Wuling Automobile Industry Co.,Ltd., an affiliated company to Wuling Motors Holdings Limited, has signed a letter of intent for building a joint venture dedicated to manufacturing NEV power battery system in Liuzhou, Guangxi Zhuang Autonomous Region.

Geely Geometry EX3 Kungfu Cow to go on sale on Nov. 14

Geely Geometry’s EX3 Kungfu Cow all-electric crossover will hit the market on Nov. 14. Its presale price starts at 59,700 yuan ($9,340).

China’s Xi’an wants NEV registrations in 2025 to be 50% of all new private car registrations

Xi’an, the capital of China’s Shaanxi province, aims to make new energy vehicles account for 50% of annual new private car registrations by 2025, and the percentage will be 100% in public service areas, according to a document recently released by Xi’an municipal government.

XPeng builds sales service subsidiary in Yinchuan

According to the business data provider Tianyancha, XPeng set up on Nov. 4 a sales service subsidiary in Yinchuan, the capital of the Ningxia Hui Autonomous Region. The newborn company, involving a registered capital of 10 million yuan ($1.565 million), has a line of business including the sales of new energy vehicles and charging piles, and the operation of EV charging infrastructures.

Main Chinese carmakers, tech giants sign significant manifesto at 2021 China Auto T10 Summit

A number of main Chinese automakers and tech firms, including FAW Group, Dongfeng Motor, SAIC Motor, Geely Auto, NIO, and Huawei, signed a manifesto at the 2021 China Automobiles T10 Summit held in Chongqing, showing their resolution to jointly strengthen Chinese indigenous auto brands, remove the bottleneck of chip shortage, and contribute to carbon neutrality.

Gotion High-Tech achieves volume production of cells with ultra-high energy density

Chinese power battery giant Gotion High-Tech said that its ternary battery with high nickel content has surpassed 302 Wh/kg of energy density in single cell and 200 Wh/kg of system energy density, and has successfully achieved volume production.

54 new models to make world’s debut at Auto Guangzhou 2021

There will be 54 new models making their world’s premiere at the Auto Guangzhou 2021, 7 of which will be from global auto brands.

HOZON Auto builds long-term strategic partnership with Thailand’s energy titan PTT

HOZON Auto signed on Nov. 10 a framework agreement with PTT Public Company Limited (PTT), the biggest refiner and seller of petroleum products in Thailand, to build a long-term strategic partnership, the Chinese EV startup announced via its WeChat account.

BYD teams up with loudspeakers company GoerTek Dynaudio to improve smart cabin experience

On Nov.10, one of China’s major automakers, BYD, signed a strategic agreement with high-end loudspeakers supplier Shanghai GoerTek Dynaudio Electronic Technolgy Company to improve its intelligent cabin user experience.

China has 2.253 million EV charging piles by Oct. 2021

By the end of Oct. 2021, there were 2.253 million charging piles across China, up 50.4% from the same period of last year, according to the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA).

China auto sales decline narrows to 9.4% YoY in October

Thanks to the improved automotive supply chain, China’s auto sales decline narrowed in October, an industry association said Nov. 10.

China-designed Tesla vehicles to be seen on roads soon

Tesla's vice president, Grace Tao, said that the company holds great hope for realizing 100% localization on all China-made Teslas and even seeing China-designed models on the road of the country in the future.

Evergrande Auto to sell HK$500 million worth of shares for vehicle production

Evergrande Auto, the new energy vehicle (NEV) firm of Chinese property giant China Evergrande Group, signed an agreement with share replacement agent on November 9 to place 174,830,000 shares, the company said in a statement on the Hong Kong Stock Exchange.

ECARX 7nm auto chip achieves tape-out, mass production starts next year

SiEngine Technology, the joint venture between Geely-backed ECARX and ARM China, celebrated a successful tape-out of the company’s self-developed 7-nanometer auto-grade SoC, the DragonHawk One.

NIO expects to hit 25% of annual vehicle gross margin goal for long run

NIO aims to achieve an annual vehicle gross margin of 25% for long run, and to achieve this long-term goal, the annual outputs of NT2.0-based vehicles should reach about 300,000 units, William Bin Li, founder, chairman, and CEO of NIO, said at an earnings call shortly after the company released its Q3 financial results on Nov. 10.

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