Gasgoo Daily: Dongfeng Honda plans to launch more than 10 BEV models by 2030

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.

Dongfeng Honda plans to launch more than 10 BEV models by 2030

Dongfeng Honda held a 20th-anniversary themed event and unveiled a new strategy named "Creating the Future 2030", under which the joint venture will no longer introduce new oil-fuel vehicles and will launch more than 10 battery electric vehicle models by 2030.

Photo credit: Dongfeng Honda

BYD presents BYD DOLPHIN at brand launch event in Chile

On July 12, BYD held the brand launch in Chile, and officially put the pure electric model BYD DOLPHIN onto the local market and announced the price. Four models, BYD HAN, BYD TANG, BYD YUAN PLUS, and BYD SONG PLUS DM-i, were exhibited at the event as well.

BASF, IOPLY establish joint research center to focus on solid-state and sodium-ion batteries

BASF and Yangtze River Delta Physics Research Center Co., Ltd. (“IOPLY”), a sci-tech Innovation enterprise, jointly established a research center on July 14 in Liyang City, Jiangsu Province. According to the agreement, the two parties will collaborate on materials and solutions for batteries and battery packs, with a focus on solid-state and sodium-ion batteries.

FAW Group, Volkswagen, Audi deepen collaboration in Chinese market

China's FAW Group, Volkswagen Group, and Audi AG cemented their strategic cooperation by signing a memorandum of understanding.

FAW Group celebrates 70th anniversary with 55.77 millionth vehicle rolling off line

Chinese legacy automaker FAW Group (FAW) celebrated its 70th anniversary with on July 15, 2023. Coinciding with this momentous occasion, FAW also reached a significant milestone as the 55.77 millionth vehicle rolled off the production line.

BYD introduces three full-electric models to Moroccan market

On July 13th, BYD held a brand launch event in Morocco, officially introducing three of its all-electric models, the Han EV, Tang EV, and Yuan PLUS (known as BYD ATTO 3 overseas), to the Moroccan market, according to a post on BYD's WeChat account.

AVATR 12 included in MIIT's catalogue

AVATR, the premium new energy vehicle brand jointly developed by Changan Automobile, Huawei, and CATL, recently saw its AVATR 12 model (internal code named E12) disclosed by a catalogue of China’s Ministry of Industry and Information Technology (MIIT).

Rising Auto aims to deploy over 50 battery swap stations by 2023

Currently, all seven battery swapping stations of Rising Auto in Shanghai have been put into operation. In addition, the construction of battery swapping stations in more than 10 cities, including Beijing, Chengdu, Hangzhou, Guangzhou, Suzhou, Wuhan, and Zhengzhou, is also underway. The automaker aims to establish more than 50 battery swapping stations nationwide by the end of this year.

GAC Toyota, Tencent partner on cloud-based digital transformation

GAC Toyota, the joint venture of GAC Group and Toyota Motor, inked a strategic cooperation framework agreement with Chinese Internet giant Tencent for digital ecosystem collaboration in Shenzhen on July 14. 

Great Wall Motor teams up with CICV for innovation in automobile intelligence

The Chinese automaker Great Wall Motor officially signed a strategic cooperation agreement with China Intelligent and Connected Vehicles (Beijing) Research Institute (CICV) on July 13, 2023, according to a post on the carmaker's WeChat account. 

BYD anticipates three-digit YoY spike in H1 2023 net profit

On July 14th, BYD released its performance forecast for the first half of 2023 (the reporting period), expecting a net profit attributable to shareholders of the listed company to range from 10.5 billion yuan to 11.7 billion yuan, a year-on-year surge of 192.05% to 225.43%.

HiPhi Y all-electric SUV hits market with starting price of 339,000 yuan

On July 15th, HiPhi, the Chinese luxury electric vehicle brand owned by Human Horizons, officially put its third model, the HiPhi Y SUV, onto the market. The new car offers four trim levels with a price range of 339,000 yuan to 449,000 yuan.

SERES Group expects net loss to narrow YoY in H1 2023

SERES Group, the Chinese automaker and car-making partner of Huawei, released its performance forecast for the first half of 2023 on July 15, revealing an expected year-over-year improvement of 20% to 28% in its net profit attributable to shareholders.

Great Wall Motor forecasts two-digit YoY decline in H1 2023 net profit

GWM is expected to achieve a net profit attributable to shareholders of the listed company ranging from 1.15 billion yuan to 1.55 billion yuan for the first half of this year, representing a year-on-year decrease of 72.32% to 79.47%.