Phate Zhang

The center will focus on cutting-edge development of smart electric vehicle technology, including ultra-fast charging, autonomous driving, and next-generation smart cabin technology.

A Tesla owner's protest over "brake failure" has sent the US electric car company into the center of a storm in China. Now, a former executive at smartphone giant OPPO is drawing parallels between the drama and the exploding battery of the Samsung Galaxy Note 7.

While the transition from fuel to electric vehicles is difficult, once consumers accept the shift, they basically won't go back to fuel cars, Li said.

Dongfeng Peugeot said the videos were shot during the Guangzhou International Auto Show last November and were edited by some users to look like this year's video.

Xpeng has not yet announced a price for the model. But the P5's top-spec model could cost around RMB 200,000 yuan ($30,734), which would put it in the price range of some mainstream fuel cars.

Ping An Property Insurance does not have a suspension of insurance coverage for new Tesla vehicles in some regions, the company said in response to a previous media report.

Ping An Property Insurance has refused to insure new Tesla vehicles in some provinces and cities, and its policy has been tightened for those who already have insurance contracts with the company and need to renew their policies, Sina Tech reported.

In today's China, whether to jump on the car-making bandwagon seems to be a choice every powerful tech company has to make.

One day after insisting on "no compromise," Tesla made a 180-degree turn in its attitude toward an owner who defended her rights at an auto show.

With many black swan events happening in the world that are affecting chip supply, "we have to be prepared for the long term, which is a new subject," Qin Lihong, co-founder and president of Chinese electric vehicle company Nio, said Monday.