Industry dynamics

ZXZC Daily: Tesla recalls 26,047 China-made vehicles

Publishtime:1970-01-01 08:00:00 Views:29

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.

Tesla recalls 26,047 China-made vehicles

ZXZC Daily: Tesla recalls 26,047 China-made vehicles

Tesla will recall 26,047 China-made vehicles produced between Dec. 28, 2020 and Jan. 15 2022, including 12,003 Model 3s and 14,044 Model Ys, according to a recall plan submitted to the State Administration for Market Regulation.

Audi, FAW Group initiate co-built NEV project on Feb. 18

Volkswagen's Audi and its Chinese state-owned partner FAW Group on Feb. 18 announced the initiation of their co-built NEV project in Changchun, Jilin province.

King Long's subsidiaries receive governmental subsidies of around 12 million yuan

Chinese commercial vehicle maker Xiamen King Long Motor Group Co., Ltd. (“King Long”) announced on Feb.17 its subsidiaries have received governmental subsidies worth 11,977,800 yuan ($1.893 million) in total.

Geely's Geometry to launch all-new small-sized SUV

Geometry, a BEV brand of Geely Auto, will launch an all-new model, which will be position as a small-sized all-electric SUV, according to the information from the MIIT.

ZEEKR celebrates grand opening of Shanghai global flagship ZEEKR Center

On February 18th, Geely's premium EV brand, ZEEKR, celebrated the grand opening of its global flagship store in Shanghai.

GAC AION doubles NEV plant's production capacity

GAC AION, a NEV-dedicated subsidiary wholly owned by GAC Group, on Feb. 18 announced the completion of the production capacity expansion project for its Guangzhou-based vehicle plant.

Horizon Robotics, PATEO invest in truck-intelligence developer Mingshang Technology

China's commercial vehicle intelligent driving system provider, Mingshang Technology, recently announced that it had completed a strategic investment round.

China auto sales edge up 0.9% YoY in January 2022

For the month of January 2022, China auto outputs and sales reached 2.422 million and 2.531 million units respectively, growing 1.4% and 0.9% year on year, while dropping 16.7% and 9.2% month on month, according to the China Association of Automobile Manufacturers (CAAM).

Bosch's Boyuan Capital invests in local autonomous driving company, G-PAL

On February 18th, China's autonomous driving startup, Geometrical Perception and Learning Co., Ltd. (G-PAL), announced that it had secured an exclusive investment from Bosch's China investment arm, Boyuan Capital.

China's EVE Energy to build two JVs in Yunnan for power battery R&D, sale, production

Huizhou EVE Energy (“EVE Energy”) on Feb. 16 signed an agreement with the municipal government of Yuxi city, Yunnan province, Yunnan Energy New Materials Group (“Energy Technology”), Huayou Holding Group, and Yunnan Yuntianhua Co., Ltd. (“Yuntianhua”) to cooperate on a new energy vehicle (NEV) battery project, the Chinese power battery maker announced via its WeChat account.