Industry dynamics

ZXZC Daily: President of BAIC’s premium electric vehicle brand ARCFOX resigns

Publishtime:1970-01-01 08:00:00 Views:51

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.

President of BAIC’s premium electric vehicle brand ARCFOX resigns 

Wang Qiufeng, deputy general manager of BAIC BJEV and president of ARCFOX, resigned for personal reasons, BAIC BluePark confirmed. BAIC BluePark, the holding company of BAIC BJEV, has seen annual losses for two consecutive years, with net losses attributable to shareholders of 6.476 billion yuan in 2020 and 5.244 billion yuan in 2021.

ZXZC Daily: President of BAIC’s premium electric vehicle brand ARCFOX resigns

Photo credit: ARCFOX

Gotion High-Tech to start mass delivery of semi-solid-state battery in 2023

Chinese battery player Gotion High-Tech said via its investor interaction platform that the company’s highly-safe semi-solid-state battery achieves an energy density of 360Wh/kg, and offers up to 160kWh of energy in in-vehicle battery packs, and over 1,000km in range. The battery can be installed onto vehicles by the end of the year and start mass delivery in 2023.

CATL sets up supply chain management company

Guangdong Brunp Supply Chain Management Co., Ltd. was established with a registered capital of 100 million yuan recently, according to Chinese corporate database Qichacha. The company is authorized to operate in such areas including supply chain management services, electronic special materials sales, high-performance non-ferrous metal and alloy material sales. The company is indirectly jointly owned by CATL and other companies. 

Geely makes foray into European Union via cooperation with Grand Automotive Central Europe

Chinese automaker Geely Auto Group officially announced its foray into the European Union market via a strategic cooperation with Hungarian car importer, Grand Automotive Central Europe, on November 5 in Budapest.

Pony.ai, Toyota showcase Sienna Autono-MaaS Robotaxi at CIIE

Pony.ai and Toyota Motor showcased their jointly developed Sienna Autono-MaaS vehicle powerd by Pony.ai’s sixth-generation L4 autonomous driving suite at the 5th China International Import Expo (CIIE).

Honda Motor’s China auto sales decline 7.9% year on year in Jan.-Oct. 2022

Honda Motor recently announced its monthly China retail sales reached 106,101 units in Oct. 2022, dropping 28.5% from a year earlier, while climbing 4.98% from the previous month.

Two highway sections opened up for autonomous driving road test in Shanghai

Shanghai officially opened up 303 public above-ground roads and two expressway sections for the first time for autonomous driving road test, at an industrial forum on November 7.

NIO so far deploys 1,200 battery swapping stations in China

On Nov. 6, NIO put a new battery swapping station into operation in Suzhou city, Jiangsu province, signifying that the cumulative volume of the EV manufacturer's battery swapping facilities has amounted to 1,200 stations across China.

Nissan Motor faces 11.5% YoY drop in October China sales

In October, Nissan Motor encountered a year-on-year drop in its China monthly sales.

Nissan Motor to offer Robotaxi service in Suzhou with help from WeRide

Major Japanese automaker, Nissan Motor, inaugurated Nissan Mobility Service Co., Ltd. (Nissan Mobility), a firm dedicated to providing ride-sharing service in China, at the 5th China International Import Expo (CIIE) on November 6.

Great Wall Motor achieves highest-ever overseas market sales in Oct. 2022

Great Wall Motor ("GWM") sold 100,208 new vehicles in Oct. 2022, representing a 10.58% year-on-year decrease, while reflecting a 7.01% month-on-month increase, according to the company's latest monthly sales results.