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.

Weekly retail sales of China-made PVs up 67% YoY: CPCA

The retail sales of China-made passenger vehicles in the week of Feb. 14 to Feb. 20 jumped 67% year over year to 329,000 units, but declined 32% compared with the same period of the previous month, according to the China Passenger Car Association.

Wanda registers new auto tech service firm

A new company named Shenyang Wanda Auto Tech Service was incorporated on Feb. 22nd with a registered capital of RMB5 million, according to China’s corporate information database Qichacha. The new company has a business scope covering retail sales of auto parts, sales of battery, operation of electric vehicle’s charging infrastructure.  

Photo credit: Wanda

Changan announces investment plan for 2022

Changan and its subsidiaries plans to invest a total of RMB8.05 billion this year, RMB3.246 billion of which will be invested in fixed assets and RMB4.8 billion will be for equity investment.

Changan Mazda names new executive vice president

Changan Mazda Automobile Co., Ltd., named Wang Hui as its executive vice president. The new executive joined Changan in 2003.

Iflytek registers new firm

A new company, which was wholly-owned indirectly by Iflytek, was incorporated recently with a registered capital of RMB2 million. The new firm’s business included software development, manufacturing and sales of Integrated circuit chips and intelligent in-vehicle device.

Lenovo invests in China’s IoT developer ZiFiSense

On February 23rd, China's IoT developer, ZiFiSense, announced that it had completed its B+ financing round, raising hundreds of millions of yuan.

Faurecia, BYD establish auto parts sub-subsidiary

BYD, Faurecia’s subsidiary, recently set up a new sub-subsidiary, named Changzhou Faurecia Auto Parts Co., Ltd. (Changzhou Faurecia), according to China’s corporate database, Qichacha.

Tesla to expand auto parts production in Shanghai Gigafactory

Tesla is planning to add new manufacturing shops dedicated to expand auto parts production in its Shanghai Gigafactory, according to Tesla's environmental impact assesment report released on December 22nd.

CATL, SANY Group co-launch pilot operation of battery swappable heavy-duty trucks

CATL and SANY Group, the Chinese leading heavy equipment manufacturer, jointly held a ceremony in Ningde city, Fujian province to put a batch of battery swappable heavy-duty trucks into pilot operation, signifying the official launch of China's first trunk for heavy-duty trucks' operation.

SGMW to launch first family-use 7-seater MPV bearing Wuling global silver logo

SAIC-GM-Wuling (SGMW), General Motors' joint venture with Chinese partners SAIC Motor and Guangxi Automobile Group, claimed on Tuesday the second strategic model bearing Wuling's global silver logo, named Wuling Jiachen (in Chinese), will be launched soon.