Chinese firm aims for its technology to enable L3 autonomous driving for heavy trucks this year
Autonomous driving service provider Hong Jing Drive recently said it aims to drive mass production of L3 smart heavy trucks this year and its ADAS system is expected to be used in a million mass-production vehicles by 2022-2023.
BYD sets up new firm in Hefei, with registered capital of $154 million
In addition to Nio, the central Chinese city of Hefei is attracting more car companies to set up operations there.
Guangzhou pilot allowing self-driving cars to drive alongside human-driven vehicles
Guangzhou announced the official launch of a pilot program for self-driving cars to drive alongside human-driven vehicles, marking a key step toward the adoption of autonomous driving at scale.
SAIC aims to sell 550,000 units in overseas markets this year
SAIC Motor aims to sell 550,000 units in overseas markets this year and the target is 1.5 million units by 2025.
Uxin closes $100 million financing deal, Nio's William Li joins board
Under the deal, Uxin has issued a total of 29,129,040,416 shares of senior convertible preferred stock for an aggregate amount of $100 million.
Gotion signs deal to develop first-gen unified battery cells for VW
Gotion will develop the first battery application with standard cells for VW's regular production models.
BYD to start construction of project with Hefei at end of August
After Nio, BYD has become the latest car company to build new energy vehicle projects with the city of Hefei in east China.
China sees 9,435 power battery recycling-related company registrations in H1, 26 times as many as a year ago
With the rapid development of China's new energy vehicle industry, power battery recycling is starting to become a big business with a rapid increase in participants.
Li Auto's insurance registrations surpass Nio for first time in June
Li Auto topped China's new car makers with 7,827 insurance registrations in June, surpassing Nio's 7,777.
SAIC plans to put Robotaxis with L4 self-driving capability on road this year
SAIC plans to achieve mass production of Robotaxis by 2025.