Phate Zhang
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Didi reportedly attracts interest from China FAW to buy stake
FAW has approached Didi and pledged to help it resolve issues related to data security and pave the way for a Hong Kong listing, according to Bloomberg.
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Nio intends to build plant in US, report says
Nio's plant in the US may initially adopt a CKD (Completely Knocked Down) or SKD (Semi Knocked Down) form of production, local media said, citing an industry source.
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Li Auto reportedly cuts this year's sales target by 15%
Li Auto originally planned to sell 200,000 vehicles this year, but now believes that target will not be met given the current challenging macroeconomic environment, according to LatePost.
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Jidu targets family passenger car market with prices around RMB 200,000
In China, cars priced around RMB 200,000 are seen as offering the best balance of affordability and specifications.
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Xpeng rumored to be making management reshuffle, putting overseas expansion on hold
He Liyang, Xpeng's vice president in charge of overseas markets, has recently left the company and his duties have been taken over by a vice president of human resources, according to LatePost.
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Nio to boost presence in Norway with new Nio Houses and swap stations
Nio's second Nio House in Norway is expected to open in the third quarter, one year after the opening of Nio's first showroom in the country.
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Baidu's robotaxi platform Apollo Go provides 196,000 rides in Q1, up over 11 times from a year ago
Baidu's Apollo Go continues to solidify its global leadership position, despite Covid's resurgence in China posing a challenge to local companies' operations.
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SAIC-GM-Wuling to assemble its mini EVs in Indonesia
The exported models are based on the GSEV architecture and will be assembled and produced at SAIC-GM-Wuling's Indonesian subsidiary.
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JAC will equip some of its models with chips from Nio Capital's portfolio firm Black Sesame
JAC and Black Sesame will build an intelligent driving platform based on the latter's HuaShan-2 A1000 autonomous driving computing chip for the Sehol family of vehicles.
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Chinese electric sports car maker Qiantu's second model, K20, will soon start pre-sale
The Qiantu K20 weighs as little as 780 kilograms and can accelerate from 0 to 100 kilometers per hour in 4.7 seconds.









