Phate Zhang

Pony.ai has entered into a strategic partnership with Geely's ride-hailing unit Cao Cao Mobility and the Geely Intelligent Driving Center to build a robotaxi fleet within the year.

SAIC's Rising Auto, Roewe, MG and Maxus brands will launch battery swap-enabled models, with the Rising Auto R7 being the first such model.

FlexGen was previously appointed as an authorized service provider to CATL and the two have worked together on more than 2.5 GWh of energy storage system projects.

As of press time, Nio and Li Auto also plunged, albeit to a lesser extent, at 9.24 percent and 5.85 percent, respectively.

Judging by Xpeng's stock performance, investors don't seem to like the pricing of the Xpeng G9, despite the fact that it's another great product for the Chinese market.

"It’s just like two runners on their tracks," said Nio president Qin Lihong. "If you have a great lead, you just need to keep your own pace."

The vehicle's head is wrapped in camouflage, but its headlights are set up differently from the current ES8.

In October 2017, BYD and Faurecia established the joint venture and opened plants in Shenzhen, Xi'an, Changsha, Changzhou and Fuzhou.

QCraft's robotaxis, each powered by two Nvidia DRIVE Orin SoCs, is in operation in Suzhou.

DRIVE Thor offers 2,000 TOPS of performance, eight times that of DRIVE Orin, and targets automakers' 2025 models.