Gasgoo Daily: NIO, Li Auto enter Fortune China 500 list for first time

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, Li Auto enter Fortune China 500 list for first time

Both NIO and Li Auto were among the 500 largest publicly traded Chinese companies in terms of the annual revenue in 2021, ranking 344th and 427th respectively, according to the Fortune 500 China 2022 list released today.

MG's overseas sales to surpass 1 million units soon

On July 13, the new MG ZS officially hit the market with a guidance price range of 85,800 yuan ($12,760) to 99,800 yuan ($14,840). Meanwhile, a sport version newly added to the MG ZS series rolled off the production line, and will become the one millionth MG-branded complete vehicle sold abroad.

China's monthly FCV sales in June 2022 surge 67.3% YoY

According to the data by the China Association of Automobile Manufacturers (CAAM), China's fuel cell vehicle (FCV) output and sales reached 527 units and 455 units in June 2022, growing 18.7% and 67.3% year on year.

All-new Honda CIVIC HATCHBACK e:HEV expected to hit market at Chengdu Motor Show 2022

The all-new Honda CIVIC HATCHBACK e:HEV is expected to hit the market at Chengdu Motor Show 2022 kicking off on August 26, according to a local media outlet.

HiPhi X crowned China's best-selling luxury EV priced above RMB500,000 in June

In the sixth month of 2022, China's luxury electric vehicle brand HiPhi from Human Horizons scored another monthly sales title compared to other automakers of electric vehicles priced at or above RMB500,000 ($74,200)  in China.

NIO-backed battery assets operator Mirattery forges partnerships with many firms

Mirattery (Chinese name: Wuhan Weineng), NIO's battery asset management joint venture, on July 12 signed cooperation agreements with a slew of auto industrial chain players to boost development of the battery service industry.

Dongfeng Chenglong H5 obtains China's first autonomous heavy-duty truck license

Dongfeng Liuzhou Motor ("DFLM"), a subsidiary of Dongfeng Motor Group, recently completed the first 5G remote driving test and received China's first open-road inbound logistic license for autonomous driving heavy-duty trucks.

GWM's ORA Ballet Cat starts at 193,000 yuan

The ORA Ballet Cat, a new small-sized BEV model under Great Wall Motor's ORA brand, formally hit the market on July 12. Coming with four trim levels, the new model is priced at 193,000 yuan to 223,000 yuan ($28,730-$33,200) after subsidies.

HUAWEI reportedly sees another executive leave Intelligent Automotive Solution BU

HUAWEI's Intelligent Automotive Solution Business Unit has seen its chief architect, Dr. Chen Yilun, leave recently, according to a local media outlet. 

Qt, SemiDrive complete automotive chip adaptation

On July 13th, global leading software supplier Qt and China's automotive chip developer SemiDrive jointly announced the completion of Qt's adaptation of SemiDrive's X9 smart cockpit chip and the MCU E3.

Chery OMODA 5 hits market, priced at RMB92,900-RMB126,900

On July 12th, Chery Holding officially put the OMODA 5, the automaker's first global-oriented model, onto the market.

Geely launches new outdoor lifestyle auto brand RADAR

On July 12, Zhejiang Geely Holding Group (“Geely Holding”) launched a fire new brand, RADAR, which the company claimed as China's first full electric outdoor lifestyle vehicle brand.