Chery's First Overseas Operations Center Opens, European Localization Enters Functional Integration Phase
Chery Auto launched its first European Operations Center in Barcelona, paired with a Spanish research institute focused on electrification and smart mobility. The move marks a shift from market testing to systematic regional management, centralizing compliance, finance and supply‑chain functions. In the first two months of 2026, Chery’s EU sales jumped 200% YoY, with new‑energy vehicle exports up 250%. The new triangular structure—operations hub, local R&D, and revived Barcelona plant—mirrors native European automakers and reduces tariff exposure.
![[Gasgoo Express] NIO's William Li Discusses ES9 Design, Saying Originality Is Difficult but Must Be Done; March Passenger Vehicle Exports...](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://gascloud.gasgoo.com/production/2026/04/d969c976-b941-4bc9-8450-b8c17fb24f4a-1775916343.png)
[Gasgoo Express] NIO's William Li Discusses ES9 Design, Saying Originality Is Difficult but Must Be Done; March Passenger Vehicle Exports...
NIO founder William Li highlighted the difficulty and necessity of original design while unveiling the ES9, an intelligent executive flagship SUV that blends Chinese cultural aesthetics with cutting‑edge technology. On the same day, China’s passenger vehicle exports surged to 695,000...
Shenda Auto Parts Breaks Ground on New Energy Vehicle Project in Suzhou Suxiang Cooperation Zone
Shenda Auto Parts broke ground on a new‑energy‑vehicle (NEV) project in Suzhou’s Suxiang Cooperation Zone, committing roughly 160 million yuan (about $22 million) to a 26,000‑square‑meter complex. The facility will combine offices, R&D labs, and production lines focused on thermal‑management systems and electronic...
ZYT and Lisheng Technology Form Strategic Partnership on Intelligent Driving
ZT Y and Lisheng Technology signed a strategic partnership on April 3, 2026 to co‑develop intelligent driver‑assistance systems. The agreement covers chip adaptation, system integration and large‑scale manufacturing, with joint projects on mainstream automotive‑grade chips and a multi‑chip ecosystem to...
Prices as Low as 70,000, Chery Launches Three Models
On April 8, Chery Auto unveiled three compact SUVs—the Tiggo 7L, the all‑new Tiggo 7 and the Tiggo 5 Sport—targeting China’s 70,000‑100,000 yuan ($9,700‑$13,900) gasoline SUV segment. The models are priced to fill the entire bracket, with the Tiggo 7L at 84,900‑99,900 yuan, the Tiggo 7 starting at 69,900 yuan...
The IPO Dilemma for Hydrogen Firms
Zhejiang Lanen Hydrogen Technology, the dominant Chinese maker of hydrogen storage cylinders and trailers, voluntarily halted its A‑share IPO after eight counseling rounds. The decision reflects tighter CSRC profitability scrutiny and the firm’s desire to avoid short‑term R&D cuts. Backed...
Webasto Launches New Sun Shading Technology for Electric Vehicles
Webasto has unveiled Shading in Glass (SIG), a roof shading system that places a sunblind between two glass panes. The design trims system thickness, preserving rear headroom while delivering stronger thermal insulation than switchable glass technologies. By using a physical...
Honda China March Sales Fall 34%: Transformation Pains Under 20-Million-Unit Milestone
Honda China reported March sales of 36,201 units, a 34.34% year‑on‑year decline, bringing first‑quarter cumulative sales to 122,470 units, down 22.4%. The brand crossed the 20 million cumulative‑sales milestone but its two joint ventures diverged: GAC Honda saw a 45% YoY drop,...
State Council Publishes "Provisions on Industrial and Supply Chain Security", Establishing Security Investigation and Countermeasure Mechanisms
China's State Council has issued the “Provisions on Industrial and Supply Chain Security,” which take effect immediately. The 18‑article decree establishes a holistic security framework, mandating coordinated domestic and international efforts to protect critical sectors. It creates a dedicated investigation...
Dongfeng Q1 Sales Rise 12.3%, New Energy Up 52%: Self-Owned Brands Rise, Joint Ventures Diverge
Dongfeng Motor Group posted a 12.3% year‑on‑year increase in Q1 2026 sales, moving 528,000 vehicles, while new‑energy vehicle (NEV) deliveries jumped 52.3% to 210,000 units. Self‑owned brands such as Voyah, Yipai and Mhero led the NEV surge, with Voyah listing...
Seeds | Jana Energy Technology Completes A+ Round Financing, EVE Energy Invests
Jana Energy Technology announced the close of an A+ financing round on April 7, raising roughly ¥200 million (about $30 million). Lead investors include the Shenzhen Energy Storage Fund and EVE Energy. The capital will fund R&D on sodium‑ion battery materials, expand...
Former Li Auto Executives Chen Wei and Zhang Xiao Launch Joint Venture, Backed by Former Employer
Former Li Auto chief AI scientist Chen Wei and ex‑product head Zhang Xiao have founded Xieyue Intelligence, a venture focused on consumer‑grade embodied intelligence for the home. The startup closed its first funding round with backing from Li Auto and...
Dongfeng's Automotive-Grade MCU Chip DF30 Steadily Advances Toward Mass Production and Vehicle Deployment
Dongfeng Motor’s DF30, China’s first high‑performance automotive‑grade MCU, has completed vehicle verification and extreme‑cold trials at –43 °C, moving toward mass production. Built on a domestic 40 nm RISC‑V process and meeting ASIL‑D safety standards, the chip serves as the core controller...
After Q1 Reporting, Does Xiaomi Auto Need a Sales Miracle?
Xiaomi Auto delivered roughly 80,000 electric vehicles in Q1 2026, far short of the 52,000‑per‑month pace needed to meet its 550,000‑unit annual target. The company’s flagship YU7 and the newly launched SU7 together accounted for most of the early shipments,...
Is a "Changing of the Guard" Unfolding in the German Auto Market?
In March, Germany recorded 70,663 pure‑electric vehicle registrations, overtaking gasoline cars for the first time. Gasoline registrations slipped 4.9% to 66,959 units while diesel fell 0.6%. The surge was driven by soaring oil prices and a €3 billion (≈$3.3 billion) government subsidy...
![[Gasgoo Express] Former Honor CMO Guo Rui Appointed Chairman and CEO of Luxeed; JAC Establishes Zunjie Zhixing Company in Shanghai.](/cdn-cgi/image/width=1200,quality=75,format=auto,fit=cover/https://gascloud.gasgoo.com/production/2026/04/6a20d35d-737f-4bf9-b633-1db49aecdb16-1775314429.png)
[Gasgoo Express] Former Honor CMO Guo Rui Appointed Chairman and CEO of Luxeed; JAC Establishes Zunjie Zhixing Company in Shanghai.
Former Honor chief marketing officer Guo Rui has been appointed Chairman and CEO of electric‑vehicle startup Luxeed, bringing Huawei‑era branding expertise to the firm. Luxeed, which is positioning itself as a premium EV player, expects his leadership to accelerate product...
Planned Investment of 100 Million Yuan, Another Project Lands in Shanghai Jiading
Delian Group has signed a cooperation framework with Shanghai Deruili Technology to launch a 100 million yuan (~$14 million) investment in Anting, Jiading, creating a comprehensive service complex for automotive new materials. The project will initially focus on technical development, consulting,...
Eyou Robot Joint Smart Manufacturing Base Settles in Xishan
Eyou Robot Technology signed a deal on April 2 to build a fully automated smart manufacturing base for robot joints in Wuxi’s Xishan District. The 34‑mu (≈5.7 ha) facility represents a 1 billion yuan investment (about $140 million) and will house 30 advanced production lines...
Bethel Wins New Designation From Leading Global Automaker, Marking Its Largest Overseas Contract
Bethel Automotive Safety Systems has signed a six‑year development and supply agreement with a leading North American automaker for front brake calipers and rear electronic parking‑brake assemblies, targeting mass production by the end of 2028. The contract covers 2.335 million vehicles—about...
Versigent Completes Spin-Off From Aptiv, Lists Independently on NYSE
Versigent completed its spin‑off from Aptiv on April 1, 2026 and began trading on the NYSE under the ticker VGNT. Aptiv shareholders received one Versigent share for every three Aptiv shares held, with fractional amounts settled in cash. The newly independent company...
Understanding Shaanxi's Automotive Industry Cluster at a Glance
Shaanxi’s automotive sector is organized around a Guanzhong cluster, with Xi’an at its core hosting over 1,000 suppliers and a full‑stack OEM ecosystem. Baoji and Xianyang serve as secondary hubs, focusing on heavy‑truck components and cost‑effective parts manufacturing. The province...
GAC Subsidiary Sells Lithium Mining Stake to Controlling Shareholder, Raising 1.92 Billion Yuan
GAC Group’s subsidiary Youpai Energy is selling a 12% stake in Xinjiang Kunlun Lanzuan Mining Development for roughly ¥1.92 billion (about $270 million) to the automaker’s controlling shareholder, Guangzhou Automobile Industry Group. The deal reduces Youpai’s holding from 20% to 8%, turning...
Farasis Energy Secures Next-Generation High-End Electric Bus Battery Pack Project From West European Bus Manufacturer
Farasis Energy announced a repeat partnership with a century‑old West European bus manufacturer to supply custom high‑end pouch battery packs for the client’s next‑generation flagship electric bus. The deal, while undisclosed in financial terms, confirms Farasis’s technology meets Europe’s stringent...