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Gasgoo Daily: China’s PV retail sales could decline 9% year-on-year in August

Gasgoo Daily provides important Chinese car news. For what we report, the title of the work contains a hyperlink that provides more information.

China’s PV retail sales are likely to decline 9% year-on-year in August

According to the China Passenger Car Association, retail sales of passenger cars in China could fall 9% year-on-year to 1.55 million units in August.

Giri publishes autonomy-related patent application

Zhejiang Geely Holding has published a patent application on self-driving car control methods and systems. The application was made in June of this year.

FAW speeds up the deployment of intelligent vehicles

In order to accelerate the pilot operation of Hongqi’s self-driving cars, FAW Group will accelerate the development and operation deployment of Hongqi’s intelligent vehicles and put 100 intelligent vehicles into operation.

Photo provider: FAW Group

Zeekr affiliates increase registered capital

Zhejiang Zeekr Intelligent Technology Co., Ltd. The registered capital of the company has increased from 49.99 million dollars (about 320 million yuan) to 2 billion yuan.

RoboSense Starts Offering RS-LiDAR-M1 to American Automakers

RoboSense has begun offering a second RS-LiDAR-M1 rider to American new energy vehicle manufacturers. The company provides customers with more than 10 batches of RS-LiDAR-M1 lidar.

Great Wall Motor is targeting an annual production capacity of 100,000 units in Brazil

Great Wall Motors (GWM), one of China’s top SUV and pickup makers, has agreed to buy a Brazilian plant from Mercedes-Benz and a German automaker, Chinese companies announced Wednesday.

CATL signs contract to build manufacturing base in Shanghai

On August 18, CATL signed a strategic cooperation framework agreement with the Shanghai Municipal Government to establish a high-end manufacturing base in Megacity, a major Chinese power battery company announced through its WeChat account.

FABU.AI Secures 100 Million RMB in Series B + Financing

FABU.AI, a Chinese self-driving startup, announced on August 19 that it has deposited 100 million yuan ($ 15.438 million) in a Series B + funding round from Cowin Capital and DYEE Capital. The revenue will be used to deploy the company’s automotive-road-cloud integration solution in more scenarios such as port transportation and city shuttle services.

MOFCOM in China promotes promotion of NEV promotion in charging and parking

Gao Feng, a spokesperson for the Ministry of Commerce of China (MOFCOM), encourages local governments in China to further promote new energy vehicles (NEVs) in charging, traffic management, parking and other links. Said.

https://autonews.gasgoo.com/china_news/70018560.html Gasgoo Daily: China’s PV retail sales could decline 9% year-on-year in August

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