Lei Kang

Pony.ai plans to set up a joint venture with Neom in Northwest Saudi Arabia to provide autonomous driving technology solutions for the region.

Rumors on Chinese social media said HiPhi will lay off up to 20 percent of its workforce and up to 50 percent in some divisions.

MG, Tesla, and BYD were the brands that exported the most NEVs from China in the first half of the year, contributing 25.3 percent, 22 percent, and 15.4 percent, respectively.

Pony.ai will set up a joint venture in Saudi Arabia and establish a manufacturing and R&D center, according to local media.

Nio today added 15 new battery swap stations in China, bringing the total to 1,998.

Zeekr announced yesterday that Formula One racing driver Kimi Raikkonen has become the company's chief performance advisor and will see the launch of the Zeekr 001 FR.

The plant, which has an annual capacity of 200,000 vehicles, has already begun equipment renovation and is expected to begin production in May 2024, according to local media.

Buick is responding to increasing competition in a way that's common for local automakers -- lowering the price of its cars by removing some comfort features.

The Hyper HT is being offered in four versions in pre-sale, three of which are based on the 800-volt high-voltage platform, with the top-of-the-line version featuring falcon-wing doors similar to those on the Tesla Model X.

So far this year, China's passenger NEV retail sales amounted to 5,482,000 units, up 34 percent year-on-year.