NIO creates a mobile technology company

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NIO creates a mobile technology company

On August 4, NIO Mobile Technology Co., Ltd. was incorporated with Qin Lihong, co-founder of NIO, as its legal representative. The new company has a registered capital of 100 million dollars. It is licensed to operate in information integration, mechanical equipment R&D, mobile device sales, AI application R&D, and wearable device sales. The company is 100% owned by NIO NEXTEV LIMITED.

Photo credit: NIO

Mercedes-Benz recalls 11,908 imported vehicles in China

From August 15, Mercedes-Benz will recall 11,212 GLE SUVs and GLS SUVs manufactured between October 28, 2018 and November 08, 2021 in China. The automaker is also recalling 36 GLC SUVs and 660 EQS models imported into the country.

12,589 Fit, LIFE vehicles recalled in China

Due to faulty front-view wide-angle cameras on board, GAC Honda and Dongfeng Honda will recall 8,109 Fit vehicles and 4,480 LIFE vehicles respectively.

Haima Automobile sells 1,642 vehicles in July

Haima Automobile posted a 22.73% year-on-year drop in sales in July with 1,642 vehicles sold. In the first seven months of the year, the automaker sold a total of 14,764 vehicles.

Gotion High-Tech Aims to Achieve Annual Power Battery Shipments of 40 GWh in 2022

Gotion High-Tech aims to increase its total battery capacity to 100 GWh by the end of 2022 and reach annual battery shipments of 40 GWh this year, the Chinese battery supplier recently revealed on a platform of investors Q/A.

Nissan Motor’s China sales rose 4.6% year-on-year in July

In July, Nissan Motor saw its monthly sales in China recover from the slump with a year-on-year increase.

BAIC BluePark H1 2022 Revenue Up 42.76% YoY

BAIC BluePark, the holding company of BAIC BJEV, reported a 42.76% year-on-year revenue increase in the first half of 2022.

AVATR will build a high voltage fast charging network with bp in China

AVATR Technology, the premium manufacturer of new energy vehicles backed by Changan Automobile, CATL and Huawei, announced its long-term strategic partnership with bp to build a high voltage fast charging network in China.

SGMW sees 50% YoY spike in export volume in July

SAIC-GM-Wuling (SGMW), a joint venture of General Motors with its Chinese partners SAIC Motor and Guangxi Automobile Group, announced on Friday that its vehicle sales reached 145,017 units in July 2022, jumping 32% from the previous year. ‘last year.

Jan-July of the GAC group. Vehicle sales in 2022 reach nearly 1.4 million units

GAC Group, one of China’s leading auto groups, said it sold 220,104 vehicles last month, representing a year-on-year jump of 21.93%, while reflecting a monthly decline of 6.1%.

Baidu Apollo launches fee-based Robotaxi service in Changsha

Baidu’s self-driving mobility service Apollo Go has launched a pilot-paid commercial operation in Changsha, the capital of Hunan province.

Geely-backed ECARX partners with AMD for EV computing platform

AMD announced on August 4 a strategic cooperation with Geely-backed automotive intelligence company ECARX.

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