Geely reportedly to establish independent EV firm
Geely plans to set up a new company to explore a new approach to product planning, marketing, and sales of electric vehicles (EV), a radical departure from the industry practice of marketing and selling electric vehicles alongside conventional cars, Reuters said on February 19, citing sources.
Born in a poor village, how Nio’s William Li built China’s first local premium car brand
During his childhood, the young man who lived with his grandparents until the second grade could never have imagined that he would one day be able to build China's first local high-end car brand, Nio, in the future.
Mobike co-founder said to be CEO of Baidu’s car-making arm
Xia Yiping served as Mobike's chief technology officer until Mobike was acquired by Meituan in 2018.
Huawei discloses new EV-related patent
Chinese technology giant Huawei disclosed a patent for "a powertrain and electric vehicle" on February 12, according to data provider Qichacha.
Baoneng Motor’s premium brand to release first EV this year to rival Tesla and Nio
The model will soon finish durability tests in the harsh cold and other environments and move on to the next phase of work.
Baidu says it has decided on the CEO and brand for EV joint venture with Geely
Baidu CEO Robin Li didn't give any more details, but he said they will try to launch a new electric car model within three years.
Nio’s William Li withdraws as legal representative of GAC Nio
GAC Nio was established on April 10, 2018, with GAC Group and GAC New Energy each holding 22.5%, Nio and Nio Fund each holding 22.5%, and the remaining 10% of shares held by the founding team.
Chinese ministry encourages financial institutions to lower down payment ratios and loan interests for individual car purchases
The document encourages areas where purchase restriction policies exist to tilt plate quotas toward new energy vehicles, give support to carless families to purchase their first new energy family car, and study measures that do not restrict purchases.
Tesla China exec says company is not icy to Chinese consumers
It can only be called icy if Tesla doesn't communicate with consumers at all, Tom Zhu Xiaotong, Tesla President for Greater China, said in an interview.
Li Auto may make mobile charging vehicle
Nio has been offering charging services to its owners via mobile charging vehicles since 2018, and on January 30, 2019, the company announced that the service would be available to owners of other brands, starting at RMB 380 yuan ($59) for a single service.