State media praises Nio-led battery swap model in two articles on same day
In its November 13 issue, the Economic Information Daily, a subsidiary of China's state-owned Xinhua News Agency, devoted a rare two-part article to the same topic, praising the Nio-led battery swap model as the trend of the future.
Why Nio has become BYD's rival
In October, Nio (NYSE: NIO) announced that it had delivered 5,055 of its three models, a new sales high since the company's inception. Unfortunately, all of these cars are powered by the lithium-ion ternary batteries from CATL, China's largest automotive lithium-ion battery maker.
Huawei unveils DriveONE, its first electric drive system
Huawei has recently announced an all-in-one electric drive system called DriveONE, which is also the industry's first hyper-converged power domain solution.
GAC Nio to unveil new model on November 20
Chinese electric car maker GAC Nio will unveil a new model at the Guangzhou Auto Show, which opens on November 20, with specific information unknown at this time.
China-made Tesla Model 3 production doubles in October compared to September
China-made Tesla Model 3 production almost doubled in October, which is also the second highest selling month for Tesla in China, according to Sina Tech.
Li ONE reportedly has another 'broken axle' accident after recent massive recall
The "broken axle" accident again haunts Li Auto, putting the Chinese electric car company back into the spotlight after recently announcing a massive recall.
Evergrande's car making arm starts trial production, says it can produce a car per minute in the future
The Shanghai and Guangzhou production bases of Evergrande NewEnergy Vehicle Group, the car making arm of China's biggest property developer China Evergrande, have recently started trial production, marking a step closer to getting the new Chinese EV maker's products to the public.
Didi and BAIC unveil next-gen L4 self-driving car
Chinese ride-sharing platform Didi Chuxing's new generation L4-class automated driving vehicle, a collaboration result between Didi and BAIC, was unveiled for the first time at the World Smart Connected Vehicle Conference on 11 November 2020 and offered for test rides.
BYD's new A+ sedan design sketches revealed
In order to further increase its model portfolio, BYD will launch a new A+ class sedan, according to mydeivers.com. BYD currently has popular sedan models including Qin, Han, and SUV models including Song, Yuan, Tang which are all named after China's dynasties.
Leading VC explains why they are betting heavily on China's smart EV sector including Li Auto and Xpeng
In a report released today, Matrix Partners China, a leading venture capital (VC) firm that has backed major Chinese tech firms at their early stages, says it is not surprised by the popularity of electric vehicles in China today, as it very much recognizes the underlying revolution that smart electric vehicles will bring.