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.

BYD's Yangwang inaugurates Hunan province's first Yangwang Center store

On November 25, Hunan province's first Yangwang Center store opened for business in Yuhua district, Changsha city, according to a post on BYD Yangwang's WeChat account.

Photo credit: Yangwang

Porsche starts pre-sale of all-new Panamera in China

On November 24, the all-new Porsche Panamera made its world debut in Shanghai, with pre-sale kicking off in China already. In the Chinese market, the new model comes with three trim levels, priced between 1.038 million yuan and 1.228 million yuan. 

Photo credit: Porsche

Great Wall Motor's WEY Latte PHEV hits European market

On November 22, Great Wall Motor's WEY brand saw its Latte PHEV model (dubbed "WEY 03" overseas) hit the European market. It is offered in three variants in Europe, featuring a price range of €47,990, €51,990, and €56,990.

Automotive intelligence solution developer Nullmax nabs new mass production order

On November 27, automotive intelligence solution provider Nullmax announced it has received new mass production orders from a major automaker to deliver cutting-edge intelligent driving solutions.

Alibaba-backed Banma to build Central-China headquarters in Wuhan's Optics Valley

On November 24, Wuhan East Lake High-tech Development Zone sealed a partnership with Alibaba-backed Banma Network Technology Co., Ltd. (Banma) to settle the latter's Central-China headquarters in Wuhan's Optics Valley area.

GAC Group's UPOWER Energy, CSG's subsidiary cooperate in battery bank, power swap station, virtual power plant

On November 23, 2023, UPOWER Energy Technology (Guangzhou) Co., Ltd. ("UPOWER Energy"), a wholly-owned subsidiary of GAC Group, and Southern Power Grid Peak and Frequency Regulation (Guangdong) Energy Storage Technology Co., Ltd. ("CSG Energy Storage Technology"), a wholly-owned subsidiary of China Southern Power Grid Energy Storage Co., Ltd., held a ceremony to form a strategic cooperation, according to a post on GAC Group's WeChat account. 

Dongfeng, Inceptio Technology delivers co-developed smart heavy-duty trucks

On November 24, Dongfeng Trucks alongside Inceptio Technology completed the inaugural delivery of their customized intelligent driving heavy-duty trucks in Yangzhou city, Jiangsu Province.

Li Auto to roll out all-scenario nationwide NOA function soon

On November 25, Chinese new energy vehicle maker Li Auto announced the most significant upgrade in the history of its L-Series vehicles, with OTA 5.0 scheduled for a full-scale rollout to all users by the year's end.

HiPhi, WOOKONG Mobility to jointly offer services integrating car rental, test drives, road trips

HiPhi, the premium electric vehicle brand under Human Horizons, and the Chinese car rental service platform WOOKONG Mobility held a signing ceremony in Shanghai, marking a significant partnership in advancing multi-dimensional mobility service experiences, according to a post on HiPhi's WeChat account.

China's locally-made passenger vehicle retail sales likely to jump 26% YoY in Nov. 2023: CPCA

China's domestic passenger vehicle ("PV") retail sales are anticipated to reach 2.08 million units in November 2023, which should climb 2.3% from the previous month and jump 26% from the previous year, according to the China Passenger Car Association ("CPCA").

Huawei: Harmony Intelligent Mobility Alliance ventures including AITO are not divested to new company

On November 26, Changan Automobile announced its intention to invest in a new company being formed by Huawei, consolidating core technologies and resources for intelligent automotive solutions. The collaborative venture aims for mutual support in driving the company's future endeavors, with Changan Automobile and its affiliates eyeing a collective stake not exceeding 40% in the target company.

SERES: invited to collaborate in Huawei's new auto intelligence company

On November 25, Changan Automobile and Huawei solidified their collaboration by signing a "Memorandum of Investment Cooperation." The agreement outlines Huawei's intent to establish a new entity concentrating on R&D, production, sales, and services of intelligent driving systems and incremental components for intelligent connected vehicles.

First Changan "Golden Shield' standard cell rolls off line

On November 24, Changan Automobile saw the first standard cell under the "Golden Shield" ("Jin Zhong Zhao" in Chinese Pinyin) brand roll off the production line at the factory of CATL-Changan EV Battery Co., Ltd. ("CCEC"), marking a swift progression following the automaker's unveiling of its new battery plan and the Golden Shield battery brand at the Auto Guangzhou 2023.

NETA Auto announces foray into Latin American market

On November 24, NETA Auto, the new energy vehicle manufacturer under HOZON Auto, officially announced its foray into the Latin American market, marked by a grand unveiling event in Costa Rica where the NETA U and NETA V models were officially launched. Following their market debut, NETA Auto's products are set to be available for comprehensive sales across Costa Rica.