Industry dynamics

ZXZC Daily: Mercedes-Benz China to recall 1,161 imported S-Class vehicles

Publishtime:1970-01-01 08:00:00 Views:50

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.

Mercedes-Benz China to recall 1,161 imported S-Class vehicles

Mercedes-Benz (China) Sales Company Limited has filed a recall plan with China’s State Administration for Market Regulation to recall a total of 1,161 imported S-Class vehicles produced between April 3, 2020, and February 4, 2021. The recall will be implemented from June 26, 2023.

ZXZC Daily: Mercedes-Benz China to recall 1,161 imported S-Class vehicles

S-Class; photo credit: Mercedes-Benz China

NIO’s 150kWh battery pack to be available in July

At the all-new ES6 launch ceremony held on May 24, William Bin Li, founder, chairman and CEO of NIO, announced that the 150 kWh battery pack will be available in July. From the details shown at the event, the all-new ES6 equipped with the 150 kWh battery pack can achieve an impressive range of 930 kilometers under the CLTC test cycle.

Chery Auto releases images of Chery eQ7’s interior

Chery has released official interior images of the new all-electric midsize SUV, the Chery eQ7. The eQ7 is built on an all-aluminum platform and features a sleek and minimalist interior design with a dual-screen layout.

Xiaomi invests in Shanghai Ingin Automotive Technology

Shanghai Ingin Automotive Technology Co., Ltd. (referred to as "Ingin"), a Chinese company in the intelligent access and entry field for automobiles, announced on May 24 the completion of a multi-million-yuan C+ round of financing.

Chinese autonomous driving startup Hyperview bags additional investment from Prosperity7 Ventures

Hyperview (also known as Hongjing Drive), a Chinese autonomous driving solution provider, Hyperview, today announced it has received additional investment of tens of millions of yuan from Prosperity7 Ventures, a diversified growth fund under Aramco Ventures.

Car and City: Geely’s ZEEKR scores three-digit YoY spike in Apr. 2023 registrations

ZEEKR, the premium electric vehicle (EV) brand of Geely Auto Group, saw its monthly registrations reach 7,948 units in the fourth month of 2023, according to the data compiled by ZXZC Auto Research Institute ("GARI").

ZEEKR’s monthly registrations in Apr. 2023 soared 268.99% compared to the previous year, while also jumped 25.54% from the previous month.

Valeo steps up ADAS business layout in China with new manufacturing, R&D centers

Valeo, the automotive supplier, unveiled three significant initiatives in China during May 23-25, demonstrating its commitment to supporting the growing advanced driver assistance systems (ADAS) business.

The three initiatives, namely the inauguration of Valeo (Shenzhen) Intelligent Manufacturing Center, Phase III of the Valeo Comfort and Driving Assistance Systems Wuhan R&D Center, and the Valeo Comfort and Driving Assistance Systems Shanghai R&D Center, marked the company's efforts to accelerate the realization of ADAS technologies.

ZF invests in new steering wheel production base in China’s Rizhao city

On May 25th, ZF Group and the Management Committee of Rizhao Economic-Technological Development Area in Shandong Province, entered into an agreement for a new investment project, indicating that it continues to be bullish on the Chinese market.

Under the agreement, ZF will set up an automotive steering wheel project with a 20 million euros worth of investment, and mass production is expected to begin within three months after the agreement is signed. Once the project reaches the SOP stage, it is anticipated to generate an annual output value exceeding 800 million yuan (approximately 105 million euros).

SAIC-GM-Wuling's Baojun Yep small-sized electric SUV hits market

On May 25, SAIC-GM-Wuling officially put the Baojun Yep, a fire new small-sized all-electric SUV under the Baojun brand, onto the market, targeting urban young consumers who value both individuality and quality.

The Baojun Yep comes with two trim levels, which are priced at 79,800 yuan (Flagship edition) and 89,800 yuan (Zhizun edition), respectively.