Phate Zhang

CATL will invest in principle-guaranteed investment products with high security and liquidity to improve the efficiency of capital use and increase returns.

The production model of the ID.AERO will be Volkswagen's first global, all-electric sedan model, and will also be sold in the United States and Europe after its 2023 launch in China.

A subsidiary of Tianqi Lithium has signed an agreement with LG Chem to sell lithium hydroxide to the latter from January 1, 2023 to December 31, 2026.

Qihoo 360 said the move is to optimize Neta's shareholding structure and improve its corporate governance.

CICC raised its price target on Xpeng to $45, saying the pace of the City NGP launch is expected to be a core catalyst for its share price rise.

In May, FAW's Hongqi brand confirmed that it will use Horizon Robotics' chips in a new model.

Deqing in Zhejiang has become the first in China to issue a license allowing companies to conduct public road tests of L4 self-driving trucks without safety officers, with Alibaba receiving one of the first 2 licenses.

Consumers with Wuhan license plates who transfer or scrap their old vehicles and purchase NEVs will each receive a subsidy of at least 5,000 yuan ($750) over the course of their use of the vehicle.

As of press time, Nio is up 4.3 percent to HK$196.6, surpassing its previous all-time high of HK$196.

Tencent will provide the auto industry with a low-threshold, customized platform and tools to make the cloud the new productivity of smart cars, one executive said.