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NIO announces plan to raise vehicle prices
NIO announces plan to raise vehicle prices

NIO will increase prices of some vehicle models on May 10 due to the continuous hike in raw materials prices globally, the EV startup announced today via the NIO App.

Apr. 10 , 2022
Gasgoo Daily: China’s Jan.-Feb. auto parts export up by 8.1% YoY
Gasgoo Daily: China’s Jan.-Feb. auto parts export up by 8.1% YoY

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.

Apr. 8 , 2022
Tencent invests in GAC-backed supercharging startup Greater Bay Technology
Tencent invests in GAC-backed supercharging startup Greater Bay Technology

China’s tech giant Tencent has indirectly invested in GAC-affiliated Guangzhou Juwan Technology Research Co., Ltd. (Greater Bay Technology) and became a shareholder of the energy storage company on April 6th.

Apr. 8 , 2022
CATL-backed AVATR introduces second EV model with limited supply of 500 units
CATL-backed AVATR introduces second EV model with limited supply of 500 units

On April 7th, Changan Auto’s high-end new energy brand AVATR introduced a limited-edition electric coupe SUV, namely the 001. The 001 is co-designed by renowned designer Matthew M. Williams.

Apr. 8 , 2022
JIDU to launch second production model in 2022
JIDU to launch second production model in 2022

On April 8th, Baidu’s JIDU disclosed that its second production model will debut at this year’s Auto Guangzhou and hit the market in 2024.

Apr. 8 , 2022
NIO lifts shareholding in joint venture with JAC Group
NIO lifts shareholding in joint venture with JAC Group

Chinese EV startup has increased its stake in Jianglai Advanced Manufacturing Technology (Anhui) Co., Ltd. (“Jianglai”), the joint venture it builds with Anhui Jianghuai Automobile Group Co., Ltd. (“JAC Group”), a year after Jianglai was established.

Apr. 8 , 2022