Industry dynamics

ZXZC Daily: CATL’s Shanghai factory begins offering batteries to Tesla in last Nov.

Publishtime:1970-01-01 08:00:00 Views:42

With ZXZC 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.

CATL's Shanghai factory begins offering batteries to Tesla in last Nov.

CATL's plant in Shanghai’s Lin-gang Special Area started supplying batteries to Tesla’s Gigafactory 3 as far back as Nov. 2021, according to a post on the WeChat account of Lingang Group.

ZXZC Daily: CATL’s Shanghai factory begins offering batteries to Tesla in last Nov.

Photo credit: CATL

Geely Research Institute builds IoV cybersecurity lab with three partners

On Nov. 11, Geely Research Institute, Tencent Cloud, Automotive Data of China Co.,Ltd. (ADC), and DAS-Security signed a framework agreement to co-build a lab dedicated to IoV cybersecurity. The four parties afterwards held an unveiling ceremony for the new lab.

China’s car parc amounts to 302 million units by end of Dec. 2021

China's motor vehicle parc amounted to roughly 395 million units by the end of Dec. 2021, of which 302 million units were automobiles, according to China's Ministry of Public Security (MPS).

Haima Auto says auto sales in 2021 jump 67.01% YoY

China's Haima Automobile Group Co.,Ltd. (Haima) announced that it produced and sold 29,666 and 29,513 new vehicles through 2021, representing 75.77% and 67.01% YoY growth respectively.

Foton Motor’s 2021 auto sales fall 4.43% YoY

Foton Motor sold 650,018 vehicles in 2021, representing a year-on-year decrease of 4.43%. For the month of December, the group saw its monthly sales tumble 31.72% YoY to 37,368 units.

TCL founds subsidiary working on recycling of decommissioned NEV power traction batteries

Chinese electronics company TCL recently set up a subsidiary, dubbed Huizhou TCL New Materials Technology Co.,Ltd., whose line of businesses include the recycling and cascade utilization of decommissioned NEV power traction batteries.

GAC Group’s 2021 net profit expected to rise 11% to 27% YoY

GAC Group announced on Tuesday its full-year net profit attributable to shareholders is forecasted to reach 6.6 billion ($1.035 billion) to 7.6 billion yuan ($1.192 billion), rising 11% to 27% from the previous year.

China's homegrown PV retail sales in 2021 grow 4.5% YoY

For the year of 2021, the retail sales of locally-produced PVs (referring to cars, MPVs, SUV, and minibuses) in China amounted to 20.486 million units, growing 4.5% from the previous year, according to the China Passenger Car Association (CPCA).

SAIC-GM-Wuling scores 13.5% YoY growth in 2021 retail sales

SAIC-GM-Wuling (SGMW), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, claimed on Tuesday a retail sales volume of 1,760,176 new vehicles for the year of 2021, representing a 13.5% year-on-year increase. Of those, 1,449,367 units were under the Wuling brand, representing a 17% growth from a year earlier.

Tesla sells 70,847 China-made vehicles in December

Tesla sold 70,847 China-made vehicles in December, a record high in 2021, according to the China Passenger Car Association (CPCA). That included 245 vehicles that were exported to other countries last month, indicating the American automaker’s locally-made vehicle sales in China totaled 70,602 units.

Bosch-invested U Power launches customizable skateboard chassis

China's skateboard chassis developer, U Power, launched its electric UP Super Board that allows over 1,000 km of range and three concept models built on top of the board.

Geely's premium EV brand ZEEKR eyes annual export volume of 100,000 units by 2025

ZEEKR, the premium EV brand of Chinese automaker Geely, aims to deliver 70,000 new vehicles in 2022, the parent Geely recently disclosed. As for overseas offensive, ZEEKR will begin export of the ZEEKR 001 cars to the EU (European Union) market in early 2023, and expects the export volume to hit 100,000 units annually by 2025. 

NIO teams up with steel producer Baosteel for supply chain, low-carbon tech

Chinese EV startup NIO and the state-owned steel producer Baoshan Iron & Steel Co., Ltd. (called “Baosteel” for short) struck a deal on Jan. 10 to carry out strategic cooperation in a range of areas, such as the ecosystem of supply chain, and the applications of green low-carbon and EVI (Early Vendor Involvement) technologies, according to a post on Baosteel's WeChat account.

Desay SV expects 2021 net profit to grow over 54% YoY thanks to automotive intelligence business

China's well-known auto parts supplier, Desay SV, concluded a rather lucrative year, according to the company's 2021 annual performance projection released on January 10th.