Gasgoo Daily: Li Auto CTO resigns

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Li Auto CTO resigns

Li Auto CTO Wang Kai has resigned for personal reasons, but the automaker announced today that he will continue to be the company’s senior consultant until December 31, 2022. Ma Donghui, head engineer at Li Auto, will be responsible for the development of the company’s intelligent vehicle technology.

XPeng has set up a new company in Beijing

Xiaopeng Motors Sales Co., Ltd. A new company, wholly owned by, was established on February 23, with a registered capital of RMB 5 million. The new company’s business is electric vehicle sales, rental, and charging services.

AITO announces price of M5

The AITOM 5, the first car to feature Huawei’s HarmonyOS operating system, is priced from RMB 249,800 ($ 39,568) to RMB 319,800 ($ 50,656) announced today on its website.

Photo provider: AITO

Li Auto Inc.Announces unaudited fourth quarter and full-year 2021 financial results

Li Auto’s total sales in the fourth quarter of 2021 were RMB10.62 billion (US $ 1.67 billion), an increase of 156.1% from RMB4.15 billion in the fourth quarter of 2020 and an increase of 36.6% from RMB7.78 billion. Did. The third quarter of 2021.

BYD said it will choose Baidu as an intelligent driving technology supplier

BYD has selected Baidu as its intelligent driving supplier, local media reported on February 25. According to sources, Baidu offers integrated ANP intelligent drive products and maps for BYD’s Human Machine Codrive. In addition, the carmaker is already working with Baidu’s intelligent driving team, and production of models with new technologies will begin shortly.

Pilot D Completes Pre-A Financing Round

On February 25, Shanghai-based intelligent driving startup Pilot D Automotive announced that it has completed a pre-A investment round led by GL Ventures, raising tens of millions of yuan.

RoboSense said it will win the largest LiDAR investment in history

RoboSense, one of China’s leading LiDAR suppliers, is reported to have completed the largest single investment round in the automotive LiDAR industry, probably exceeding RMB2.4 billion ($ 379.3 million).

Li Auto invests in power battery maker Sunwoda EVB

Sunwoda Electric Vehicle Battery Co., Ltd., a Chinese power battery manufacturer. (“Sunwoda EVB”) will increase its capital by introducing 19 investors. In particular, Jiangsu Chehejia Automobile Co., Ltd., an affiliate of Li Auto. (“Chehejia”) is one of the new investors. It plans to invest 400 million yuan ($ 63.272 billion) to acquire a 3.218% stake in Sunwoda EVB.

BMW Brilliance Appoints Dr. Franz Decker as New CEO

On February 25, the BMW Brilliance Board of Directors will be appointed President and CEO of BMW Brilliance from April 1, 2022, with Dr. Franz Decker, Senior Vice President of Technology & Manufacturing, following Dr. Johann Weland. I announced that.

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