Gasgoo Daily: BYD Announces Linghui as Fourth Sub-Brand, Expanding into Mobility Services

With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

BYD Announces Linghui as Fourth Sub-Brand, Expanding into Mobility Services

On February 2, BYD officially announced the launch of Linghui, marking the automaker’s fourth sub-brand following FANGCHENGBAO, DENZA and YANGWANG, and further expanding its multi-brand strategy in the new energy vehicle (NEV) space.

Linghui is positioning itself squarely in the commercial mobility space, targeting business-oriented transportation segments such as ride-hailing fleets, taxis and corporate vehicle services. The brand will operate separately from the consumer passenger car market, supported by an independent sales and distribution network designed specifically for B2B customers.

CATL to build battery hub in Quanzhou, Fujian

The Quanzhou Municipal Government and CATL have officially signed an agreement to develop a new energy vehicle battery production base, marking a new phase of collaboration in battery R&D and manufacturing.

✅ A smart, zero-carbon factory driven by advanced green manufacturing technologies
✅ Strengthens the local supply chain and accelerates upstream–downstream integration
✅ Expands CATL’s production capacity to support the global energy transition

The project is expected to spur the growth of Quanzhou’s emerging new energy industry while reinforcing CATL’s role as a key enabler of low-carbon development—injecting strong momentum into regional green transformation.

EVE Energy deepens Southeast Asia push with Indonesia battery ecosystem pact

EVE Energy recently marked a major milestone in its global expansion strategy in Indonesia.

On January 30, HYD Investment Limited, a joint venture formed by EVE Energy, Huayou Cobalt, and PT Daaz Bara Lestari, signed a framework agreement with Indonesia’s state-owned mining group ANTAM and Indonesia Battery Corporation (IBC).  

Under the agreement, the partners will pursue deep investment cooperation in Indonesia to establish an integrated value chain spanning upstream nickel resource development, midstream materials processing, and downstream battery manufacturing and recycling.

For EVE Energy, a leading global lithium battery platform company, the Indonesia move underscores its long-term commitment to globalization and the new energy sector.