1.GAC Aian raised 18.30 billion yuan, breaking the industry’s largest single private placement record
On October 20, GAC Group released the "Guangzhou Automotive Group Joint Stock Company Announcement on the Progress of Capital Increase and Share Expansion of its Subsidiary GAC Aian". The announcement shows that GAC Aian was publicly listed on the Guangzhou Industrial and Trade Exchange, implemented capital increase and share expansion, completed the A round of financing, and introduced 53 strategic investors. The total amount of financing was 18.294 billion yuan, setting a new record for the largest single private equity financing in the domestic new energy vehicle industry. After the completion of the capital increase, Aian’s valuation was 103.239 billion yuan, which is the highest valuation for unlisted new energy vehicle companies in China. GAC Group still directly and indirectly holds 76.89% of the shares of GAC Aian and is the controlling shareholder.
As of the announcement date, all investors have completed the signing and payment. This round of financing was jointly led by PICC Capital, Nanwang Nengchuang, Guodian Fund, Shenzhen Venture Capital, CITIC Jinshi, Guangzhou Industrial Investment Group or its funds/institutions.
Source: First Electric Network
2, Lei Jun: Xiaomi car success needs to be among the world’s top five, annual shipments 10 million
On October 18, Lei Jun recently tweeted his vision for Xiaomi Auto: Xiaomi Auto needs to be in the top five in the world for success, with annual shipments of 10 million vehicles. At the same time, Lei Jun also said that "when the electric vehicle industry reaches maturity, the top five brands in the world will occupy more than 80% of the market share".
Source: First Electric Network
3. The country’s first optical storage and charging inspection intelligent overcharging station was put into use in Fujian
According to CCTV coverage, on the 17th, the country’s first optical storage and charging inspection intelligent overcharging station was officially put into use in Ningde, Fujian. This is the first standardized intelligent charging station in the country that uses full DC microgrid technology to integrate charging piles and energy storage. It can effectively solve the problems of electric capacity expansion, fast and safe charging, and battery health detection in the process of rapid development of new energy vehicles.
Source: CCTV News
4, need to sign a service agreement, Sanya exchange tram maximum 10,000
A few days ago, we learned from the Sanya Science, Industry and Information Bureau that from now until March 31, 2023, Sanya will give a layer-by-layer subsidy for the promotion of new energy replacement vehicles, with a maximum subsidy of 10,000 yuan for a single car.
The policy emphasizes that the subsidy is targeted at the actual users of electric replacement mode vehicles newly purchased in Hainan Province from September 17, 2022 to March 31, 2023 and registered and licensed in Sanya City. The declared model must be the electric replacement model in MIIT’s "Road Motor Vehicle Manufacturers and Products Announcement". The electric replacement vehicle needs to obtain a special number plate for new energy vehicles and connect to the new energy vehicle supervision platform of Hainan Province before April 30, 2023; the electric replacement vehicle also needs to sign a power replacement service agreement with the local power replacement operation agency in Sanya City.
Source: Sanya Science, Industry and Information Bureau
5. The price is 894,900 yuan, and Volvo’s new XC90 T8 plug-in hybrid version is listed
Recently, Volvo’s new XC90 T8 plug-in hybrid version was officially launched, priced at 894,900 yuan. The new car continues the 2.0T plug-in hybrid system, with a comprehensive maximum power of 335kW and an official zero-hundred acceleration time of 5.4 seconds.
Source: First Electric Network
Avita has opened nearly 60 direct-operated stores, covering more than 20 core cities
On October 20, Avita Technology announced that its directly-operated stores have been located in nearly 60 stores nationwide, covering first-tier cities such as Beijing, Shanghai, Guangzhou and Shenzhen, as well as more than 20 new first-tier cities such as Chengdu, Chongqing, Hangzhou, Changsha, Ningbo, Zhengzhou, Wuhan and Nanjing. Since the opening of the first store on August 8, it has rapidly expanded to nearly 60 stores in dozens of cities in just 2 months.
Source: First Electric Network
7, pre-sale 200,000, FAW Toyota bZ4X will be listed on October 25
We learned from FAW Toyota that its new mid-sized pure electric SUV bZ4X will be launched on October 25th. Not long ago, FAW Toyota adjusted the pre-sale price of bZ4X, from the original 22-300,000 yuan subsidy pre-sale price, adjusted to 20-290,000 yuan. The new car is based on Toyota e-TNGA pure electric exclusive architecture, and the maximum cruising range of CLTC comprehensive working conditions is 615km.
Source: First Electric Network
8. Unveiled in 2023, the latest spy photos of the new Porsche Taycan
Recently, some overseas media released a set of spy photos of the new Porsche Taycan. The new car will be optimized in terms of appearance and interior, and it is possible to launch a more powerful model on the basis of the original model. It is expected that the new car will be officially unveiled in 2023.
Source: Aika Automobile
9. Envision Power has won an order for BMW cylindrical batteries to start production in the United States in 2026
On October 19, the BMW Group announced a long-term cooperation with Envision Power, a battery technology company under Envision Technology Group: Envision Power will provide high-performance, high-safety and zero-carbon power battery products for BMW’s new generation models, fully supporting the BMW Group’s goal of electrification, digitalization and sustainable transformation.
Envision Power also announced that it will build a new zero-carbon battery factory in South Carolina to provide products for BMW, with a planned capacity of 30GWh and production in 2026. This is another super factory after Envision Power built the Kentucky factory in the United States to support Mercedes-Benz’s electrification transformation.
Source: Vision Dynamics
10. Wei Brand will launch a six-seat SUV and create a new car naming and front styling with users
On the evening of October 19, Wei brand officially announced that for the naming and front shape of the new flagship six-seat smart SUV, Wei brand sincerely invites customers engagement. The six-seat SUV has been officially registered in the MIIT new car declaration catalog on October 14. There are a variety of options for the middle net and rear logo of the model. At the same time, the body parameters and some power information have also been announced.
Source: First Electric Network
11. General Motors is considering launching Hummer brand medium-sized plug-in hybrid pickup trucks
According to foreign media reports, according to people familiar with the matter, GM is considering adding a mid-size electric pickup truck to its Hummer brand model lineup to meet market demand for low-emission vehicles.
The smaller electric Hummer, a design concept proposed by GM’s California studio, is likely to go into production and is considered a priority by GM, which has already started production of a large electric Hummer pickup truck and will begin production of a full-size SUV early next year, according to people familiar with the matter who spoke on condition of anonymity.
Source: Gaishi Automotive