Phate Zhang
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WM Motor becomes latest EV maker to raise prices
The prices of two versions of WM Motor's EX5-Z PRO have been raised by RMB 3,000 and RMB 4,000 respectively.
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Nio signs deal with state-owned firm to facilitate export of its swap stations
Nio has signed an agreement with state-owned CNTIC to provide solutions for the export, installation, commissioning and delivery of its battery swap stations.
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In China's remote mountainous region, there is a 'Tesla village'
Some villagers use the Model Y as a mobile vending cart, others use it as a camping facility to host tourists.
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Guosheng Securities initiates coverage on Li Auto with Buy rating and $43.9 price target
The price target implies a 44 percent upside.
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China's definition of driving automation levels comes into effect
In the Chinese definition, driving automation is divided into six levels, with levels 0-2 being driver assistance, where the system assists humans in performing dynamic driving tasks.
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Nio's battery asset operator begins construction of its technology institute
The first phase of the institute will be over 8,000 square meters in size and is expected to be completed and operational this year.
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Deutsche Bank on 'Fab 5' Chinese EV makers' deliveries: Seasonal low point in rear view mirror
Edison Yu's team believes that February's delivery decline reflects the seasonality of the Chinese New Year and that March is expected to see a strong rebound.
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Baidu's robotaxi platform Apollo Go sees its order volume double in Q4
In the fourth quarter of last year, Baidu's robotaxi platform Apollo Go saw about 213,000 orders for manned rides, an increase of nearly 100 percent from the third quarter.
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Battery maker Sunwoda plans to build new 30 GWh facility
Sunwoda plans to invest about RMB 12 billion ($1.9 billion) to build a 30 GWh power battery production facility in Zhuhai, Guangdong province.
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GAC Aion sells 8,526 units in Feb, up 163% year-on-year
That's down 46.8 percent from 16,031 units in January, which the company blamed on the Chinese New Year holiday and the impact of capacity expansion at its plant.
