WM Motor boasts its modified car can accelerate from 0 to 100 km/h in 1.8 seconds
The WM Weltmeister can accelerate from 0 to 100 kilometers per hour in 1.8 seconds, which surpasses the Tesla Roadster, Bugatti Chiron, and Porsche 918 Spyder Hybrid.
OPPO discloses patent related to vehicle lights control
Although it has not yet been announced that it will enter the field of car making, OPPO is disclosing more and more patents related to vehicles.
Geely aims for 3.65 million sales by 2025, with EVs accounting for over 30%
Geely wants to be No. 1 in China in terms of market share by 2025. Zeekr aims to reach 650,000 units sold by then and have a top-three global share of the premium EV market.
Chinese robo-van maker Neolix gets investment from SoftBank
Neolix announced on August 18 the completion of hundreds of millions of RMB Series B funding round led by CICC Capital and SoftBank Ventures Asia.
Nio adds four new battery swap stations, bringing total to 374
As of August 18, Nio has 374 battery swap stations, 252 supercharging stations, 440 destination charging stations, and access to over 390,000 third-party charging piles in China.
Driverless travel to account for 60% of China's mobility market by 2030 with Baidu set to be leader, says IHS Markit
Robotaxi will account for 60 percent of China's ride-hailing market with RMB 1.3 trillion by 2030, with Baidu likely to be the leader, IHS Markit said in an August 16 report.
Wuling claims over 3,000 orders for KiWi EV in first week of pre-sale
The KiWi EV, which has been available for pre-sale since August 11, is offered in two versions, a base version priced at RMB 69,800 ($10,766) and a premium version priced at RMB 78,800.
Baidu unveils Apollo robot car without steering wheel
Baidu unveiled its Apollo car robot without a steering wheel and pedals but equipped with a large, curved screen on August 18.
Tesla Shanghai plant to have 90% of its parts supplied locally by year-end
Tesla's Shanghai Gigafactory is expected to produce 450,000 units in 2021 and export about 66,100 units in total.
CITIC Securities initiates coverage on Xpeng with Buy rating and $55 price target
Xpeng closed down 6.58 percent to $37.51 in the US on Monday, and the target price implies 47 percent upside.