Industry dynamics

ZXZC Daily: Audi breaks ground on first NEV manufacturing base in China

Publishtime:1970-01-01 08:00:00 Views:47

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.

Audi breaks ground on first NEV manufacturing base in China

On June 28th, Audi FAW New Energy Vehicle Co., Ltd. broke ground on its first battery-electric vehicle-dedicated factory in Changchun, Jilin Province. The company will pour €2.6 billion into the project. The factory can be expected to start operation in the end of 2024, with a designed production capacity of over 150,000 vehicles per year.

ZXZC Daily: Audi breaks ground on first NEV manufacturing base in China

Photo credit: Audi

CPCA predicts June NEV retails to reach new high in China

According to the China Passenger Car Association, in the first 26 days of June, China’s passenger vehicle retail volume amounted to 1.422 million vehicles, jumping 27% year over year and 37% month over month. The strong growing momentum aligns with China’s national promotion of vehicle sales. The CPCA predicts that the retail volume of new energy vehicles may reach roughly 500,000 vehicles in June at record high. 

Xiaomi invests in semiconductor supplier Xiner

Shenzhen Xiner Semiconductor Technology Co., Ltd. has recently added Xiaomi-backed venture capital firm as one of its shareholders on June 28th, according to China’s corporate information platform Qichacha. Xiner is known as a semiconductor provider for home appliances as well as new energy vehicles.

Tencent emphasizes decision not to make cars

On June 28th, the vice president of Tencent smart transportation division, Zhong Xuedan, said in an interview that Tencent would not be producing vehicles. The company has its focus on automotive cloud. Tencent has reached cooperation with over a hundred automakers and mobility service providers, including BMW, Audi, NIO, Li Auto, and Ford.

HUAWEI-backed AITO to launch second model on July 4th

HUAWEI disclosed that AITO’s second production model, the M7 SUV, will make its official debut at HUAWEI’s summer product launch on July 4th. The new model is installed with a 1.5T range extension system with a battery-electric range of 150km.

ZXZC Daily: Audi breaks ground on first NEV manufacturing base in China

Photo credit: AITO

Wuhan to have 500km V2X test roads in five years

The municipal government of the capital of Hubei Province, Wuhan, released an implementing scheme on transportation reinforcement covering V2X and autonomous driving segments on June 29th.

Dongfeng AEOLUS to launch only electric models in 2024

Dongfeng Motor’s passenger vehicle brand AEOLUS aims to only launch electric vehicle models in 2024, the chairman of Dongfeng Motor Group, Zhu Yanfeng said at a conference on June 28th.

Leapmotor sees 100,000th vehicle roll off line

On June 28th, Leapmotor saw its 100,000th vehicle roll off the production line, making it the fifth new energy vehicle startup in China to achieve the milestone after NIO, XPeng, Li Auto, and HOZON Auto.

BYD pours RMB403 million in land for new energy vehicle industrial park

China’s major electric vehicle producer BYD has purchased the use right of an industrial purpose land in the Shen-Shan Special Cooperation Zone, according to the announcement by Shenzhen’s public resource trading center.

Inceptio Technology authorized for driverless road test via L4 trucks

China’s autonomous driving truck developer Inceptio Technology was granted China’s first open road test license for L4 driverless heavy-duty trucks by Deqing county, Zhejiang Province.