Pandaily's Digest #20220812
Blade battery manufactured by BYD has been delivered to Tesla’s factory in Berlin, Germany, the first plant in which Tesla is using BYD’s new battery.
BYD Delivers Blade Batteries to Tesla’s Berlin Factory
Sina Tech reported on August 10 that the blade battery manufactured by Chinese electric vehicle maker BYD has been delivered to Tesla’s factory in Berlin, Germany, the first plant in which Tesla is using BYD’s new battery. It is expected that Tesla vehicles equipped with BYD’s blade battery can be rolled off the assembly line within a month at the earliest.
Chinese Automaker Great Wall Motor to Deliver New Vehicles to Germany in Q4
On August 8, Chinese automobile manufacturer Great Wall Motor (GWM) held a signing ceremony with European car dealer Emil Frey Group. The two sides reached a strategic cooperation on the import and distribution of GWM’s WEY and ORA vehicles in the European market while jointly marketing two innovative products, the WEY PHEV (Coffee 01) and ORA Good Cat, which have taken the lead in entering the German market.
Kuaishou Releases Self-Developed System on Chip SL200
At a launch event held on August 10 by Kuaishou’s cloud video brand StreamLake, Senior Vice President of Kuaishou and Head of StreamLake Yu Bing said that Kuaishou has developed an intelligent video processing System on Chip (SoC) product called the SL200.
TikTok’s E-commerce Business GMV Exceeds $1 Billion in H1
TikTok’s gross merchandise volume (GMV) for its e-commerce business in the first half of 2022 exceeded $1 billion, which is equivalent to the full-year volume the platform saw in 2021, LatePost reported on August 10. Among them, the average monthly GMV in Indonesia reached $200 million while the average monthly GMV in the UK was $24 million.
Geely Auto Launches New Binyue Cool Model
Hangzhou-based Geely Auto launched its new Binyue Cool vehicle model on August 9. The car is positioned as a highly intelligent power SUV, with three versions available. The manufacturer’s suggested retail price ranges from 98,800 yuan to 119,800 yuan ($14,661 – $17,777).
GAC Group to Invest 2.16B Yuan in Establishment of Electric Drive Tech Firm
On August 11, Chinese state-owned auto manufacturer GAC Group announced plans to set up a new entity tentatively named Electric Drive Technology Company for the industrialization of independent IDU electric drive systems and GMC hybrid electric coupling systems, with total project investment of 2.16 billion yuan ($320.7 million).
Distracted Driver Crashes XPeng P7 on Highway While Activating Assisted Driving
A fatal car accident occurred on August 10 in the eastern Chinese city of Ningbo, involving an XPeng P7 that collided with another vehicle in front, which had pulled over for repairs on the highway. The incident resulted in the death of one individual. The rear part of the front vehicle was severely torn and the front end was deformed.
Orange Electric Travel, A Didi and Li Auto Joint Venture, Files for Bankruptcy
On August 11, Beijing Orange Electric Travel Technology Co., Ltd., added a new bankruptcy review case. Both the applicant and the respondent were Beijing Orange Electric Travel Technology Co., Ltd., and the handling court was the Beijing First Intermediate People’s Court.
China’s Public EV Charging Piles Up 65.7% Annually in July
The China Electric Vehicle Charging Infrastructure Promotion Alliance on August 11 released information regarding nationwide EV charging and battery swapping infrastructure. The data show that the number of public charging piles increased by 47,000 units in July compared to June, representing an increase of 65.7% year-on-year.
BYD Surpasses CATL in Loading Capacity of Lithium Iron Phosphate Batteries
The China Automotive Battery Innovation Alliance released power battery data for July on August 11. During the month, China produced a total of 47.2 GWh of power batteries, up 172.2% year-on-year and 14.4% quarter-on-quarter.