Phate Zhang

Huawei will set up a company engaged in the R&D and production of smart driving systems and components, in which Changan plans to acquire no more than a 40 percent stake.

Neta plans to expand its global network coverage to 50 countries and reach 500 overseas sales and service outlets by 2024.

China's retail penetration of NEVs in November is expected to be around 39.4 percent, up from 37.8 percent in October.

Fang Cheng Bao delivered the first Bao 5 vehicles to their owners today, one day ahead of the original schedule.

Tesla is moving forward with making FSD available in China, but there's no exact information as to when that will happen, local media quoted a company insider as saying.

Nio previously did its strategic planning based on a five-year length of time, but now that the market is changing so fast, the company has shifted to developing 2-year strategies, William Li said.

One of the core members of the April 2021 Shanghai auto show drama has been ordered to publicly apologize and pay damages to Tesla in a first-instance verdict.

Nio has an MPV model planned for its third-generation NT 3.0 platform, but the launch won't be anytime soon, the company's management said in a user communication.

Nio's shared battery packs will be the next generation of mass-market battery packs that support ultra-fast charging, and the battery swap experience for Nio customers will only get better, William Li said.

Li Auto is ramping up its efforts to develop chips in-house, working on both an AI inference chip for smart driving scenarios, and a SiC power chip for driving motor controllers, according to local media.