Yvonne Tang

Nio China is headquartered in Hefei, the hometown of founder William Li and a city that saved the company from a funding crisis last year and has received a huge return on its investment as a result.

A video circulating on Weibo shows an owner claiming to have found mercury, a heavy metal that can be toxic, between the seams of his newly purchased Li ONE seats.

As China's new energy vehicle market is growing rapidly, traditional car giant Volkswagen is underperforming. Now the company has added a new member to its lineup in hopes of gaining more market share.

China successfully achieved a dry-thermal-rock test power generation in the Matouying, Tangshan, Hebei dry-thermal-rock exploration area, the latest development in the country's clean-energy development.

As a model released about a decade ago, Chery's QQ is seen as China's first model aimed at young people. With a price tag of less than RMB 50,000 ($7,720), it became popular and has become a legend over the years.

Neta Automobile earned a lot of praise for outselling Li Auto in May. Now, with Li Auto's big jump in deliveries in June, it has been overtaken again.

Horizon Robotics' newest Journey 3 chip is equipped in the 2021 Li ONE model, with more applications expected in the future.

The overall project is expected to be completed in 2024 and will be used for the production of models including sedans and coupes.

It has a single-board computing power of 360TOPS and average power consumption of 5.5TOPS/W.

BYD announced on June 30 that its application to spin off its subsidiary BYD Semiconductor to list on the ChiNext, a NASDAQ-style subsidiary of the Shenzhen Stock Exchange, has been received by the Shenzhen Stock Exchange.