Industry dynamics

ZXZC Daily: SAIC Motor aims to sell 800,000 MG-branded vehicles worldwide in 2023

Publishtime:2019/08/16 Views:35

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.

SAIC Motor aims to sell 800,000 MG-branded vehicles worldwide in 2023

SAIC Motor disclosed that it has set a yearly sales target of 800,000 vehicles worldwide for its MG brand in 2023 and one million units in 2024. At the same time, SAIC Motor eyes an annual overseas sales volume of over 1.2 million vehicles this year for the entire group.

ZXZC Daily: SAIC Motor aims to sell 800,000 MG-branded vehicles worldwide in 2023

MG7; photo credit: MG

Huawei-backed AITO partners with Newlink Naas

On May 15, Chinese EV charging service provider Newlink Naas announced a partnership with AITO, Huawei and SERES Group’s jointly-owned high-end new energy vehicle brand. Through the partnership, there will be over 50,000 charging piles added to AITO’s charging network. 

All-new Buick Lacrosse hits market, starting at 179,900 yuan

On May 15, the all-new facelifted Buick Lacrosse officially hit the market with a guidance price range of 179,900 yuan-239,900 yuan. Coming with four trim levels, the new Lacrosse features an upgraded intelligence system as well as two engine options. 

NIO to start delivering all-new ES6 on May 25

NIO today announced via its WeChat account that it will officially launch the all-new ES6 on May 24 with test drives beginning at the same time. Delivery of the model will kick off only one day after the launch ceremony.

Bosch's capital arms invest in Chinese automotive software developer AutoCore

AutoCore.ai, a Chinese automotive software provider, announced on May 15 that it has successfully secured a strategic investment from Bosch's venture capital arms, Bosch Ventures and Boyuan Capital.

Pan-port self-driving solution provider SENIOR closes new funding round

Chinese pan-port autonomous driving solution provider Senior.auto (SENIOR) announced on May 15 the completion of a new financing round.

Hesai Technology certified for ISO/SAE 21434 automotive cybersecurity standard

Hesai Technology, a leading Chinese LiDAR manufacturer, announced on May 15 that it has been granted the ISO/SAE 21434 certification for automotive cybersecurity management systems by TÜV Rheinland, an international third-party testing and certification organization.

GWM’s HAVAL puts two PHEV models from Xiaolong series onto market, starting at 139,800 yuan

On May 15, two plug-in hybrid electric vehicle (PHEV) models of Great Wall Motor ("GWM")-owned HAVAL’s Xiaolong new energy vehicle (NEV) series officially hit the market with a starting price of 139,800 yuan.

Li Auto so far deploys 13 4C supercharging stations

As of May 15, 2023, Li Auto had deployed in China a total of 13 4C-rated supercharging stations, and had access to over 500,000 third-party charging piles, according to a post on the company’s WeChat account.

Toyota’s two tech joint ventures in China put TL Power 15 fuel cell system onto market

The TL Power 15, the new-generation hydrogen fuel cell system co-launched by United Fuel Cell System R&D (Beijing) Co., Ltd. ("FCRD") and Toyota SinoHytec Fuel Cell Co., Ltd. ("FCTS"), has been officially put onto the market, Toyota China announced on May 16.