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Gasgoo Daily: First deliveries of HiPhi Y to commence on Jul. 29

Gabriella From Gasgoo| July 24 , 2023

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.

First deliveries of HiPhi Y to commence on Jul. 29

Chinese luxury electric vehicle brand HiPhi plans to commence delivery of the first batch of the HiPhi Y SUVs on July 29. According to a Weibo post by Xu Bin, manager of HiPhi’s branding department.

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HiPhi Y; photo credit: HiPhi

Mercedes-Benz CEO: China to be the main market for next-generation EVs in 2025

In an interview with a German magazine, Ola Källenius, Chairman of the Board and CEO of Mercedes-Benz Group AG, announced that China, the world's largest automotive market, will be at the forefront of the company’s next-generation electric vehicle (EV) movement starting in 2025.

NIO sets up sales company in Ordos

According to Chinese corporate database Tianyancha, Ordos NIO Automotive Sales Service Co., Ltd. was recently incorporated with a registered capital of 1 million yuan. The company will engage in activities such as motor vehicle inspection and testing services, new energy vehicle sales, automobile sales, used car brokerage, sales of mobile terminal devices, and intelligent in-car equipment sales. Shareholder information reveals that the company is fully owned by NIO Automotive Sales Service Co., Ltd.

BAIC Group’s affiliated company becomes shareholder of Yihang Intelligence

Beijing Yihang Yuanzhi Technology Co., Ltd., the corporate entity of Yihang Intelligence, a developer of autonomous driving systems, recently witnessed a significant change in its shareholder structure.

Dongfeng Motor to launch Nami as standalone brand dedicated to small-sized BEV

Dongfeng Motor announced that it will officially launch a fire new brand dedicated to small-sized battery electric vehicle (BEV), Dongfeng Nami (translates to “nanometer” in English), in the second half of this year, aiming to fill the gap in its pure electric vehicle portfolio.

ZF Group to build airbag production base, R&D center in Wuhan

On July 21, ZF Group signed an investment agreement to establish an automotive airbag production base and a R&D center in Wuhan city, and set up ZF Automotive Safety Systems (Wuhan) Co., Ltd. Once operational, the project is expected to reach a peak annual output value of 3 billion yuan.

Tencent expands operation region for intelligent vehicle cloud

Chinese Internet giant Tencent recently announced the establishment of a new "Tencent Intelligent Vehicle Cloud North China Region" in Huailai County, Hebei Province.

FORVIA, BYD step up cooperation to build new seat assembly factory in Thailand

FORVIA, the world's 7th-largest automotive technology supplier, cemented its partnership with BYD as they will jointly establish a new state-of-the-art seat assembly factory in Rayong Province, Thailand, FORVIA announced a few days ago.

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