Phate Zhang

Huawei is in close contact with BAIC BluePark New Energy Technology to seek a stake in the latter's EV brand Arcfox, nbd.com.cn said on Wednesday, citing people familiar with the matter.

In the first quarter, Li Auto delivered 12,579 units, up 334.4 percent year-on-year, but down 13 percent from the fourth quarter of last year.

China continues to provide policy support for the new energy vehicle industry, as a new document aimed at boosting the construction of charging and battery swap infrastructure was drafted.

Li Auto's new Li ONE, which will be released next week, will be equipped with the Journey 3 chip, the latest chip from local chip company Horizon Robotics.

Changan Nio has changed to a new name that no longer carries the word "Nio," marking the end of the legacy carmaker's efforts to explore joint ventures with new carmakers.

China will start a nationwide pilot program for the application of the battery swap model in the second half of the year, with cities being asked to complete work plans by the end of May.

Unlike technology companies including Xiaomi, Baidu and Qihoo 360, Midea particularly emphasized that it is not directly involved in building cars, but focuses on providing components for car companies.

CICC believes that the practice of charging for self-driving features may not be sustainable in the long run, and that car companies need to move to a "channel fee" profit model.

Tesla sources said the accident was caused by the vehicle driving at high speed resulting in loss of control and a collision before the vehicle burned, according to nbd.com.cn.

A figure last week showed Tesla China sales fell 27 percent in April from March, but its exports hit a record high, sparking confusion about whether sales included exports. Now that confusion has finally been resolved.