Phate Zhang

Providing lifestyle services to vehicle owners is one of Nio's most important endeavors outside of vehicle sales, and now the company has made a new move.

A total of 53 vehicles of five models were tested at the same time, according to Evergrande.

In the face of a growing chip shortage, the industry's regulator in China is taking action in addition to car companies finding their own ways to deal with it.

Lotus Technology announced on August 31 that it had received an investment from Nio Capital, the venture capital arm of Nio.

The Hongguang Mini EV offers 120km, 170km NEDC range options and are priced at RMB 37,600 ($5,820) and RMB 43,600 respectively.

GAC Aion received orders for more than 18,000 units in August, another record high, the company claimed.

One particular shortage was related to the availability of electronic control units, which largely caused delays in the output of Tesla's Model Y.

The program proposes that the goal is for self-driving bus routes to have a safety accident rate that is less than 90 percent of that of traditional buses.

The two have agreed on comprehensive strategic cooperation in areas including energy storage business, integrated PV and energy storage solutions, and carbon neutrality, JinkoSolar said.

For Evergrande Group, which is busy reducing its debt load, there is not much progress about its car-making recently. But the latest reports indicate that one of its sedans is already undergoing road tests.