Chinese EV startup Neta aims for monthly sales of over 10,000
In the first five months of this year, Neta's cumulative sales reached 16,000 units, including 4,508 units sold in May.
Nio's venture capital arm invests in another used car trading platform
This is the second used car platform that Nio Capital has invested in recently, as it invested in used car dealer Uxin with Joy Capital last week.
IM Motors, SAIC and Alibaba-backed EV brand, shows off muscles in self-driving
Self-driving capabilities are a focal point of the competition among China's emerging car companies. IM Motors has just shown off its strong capabilities.
SAIC terminates development of forward-looking fuel-cell vehicle technology
In view of the fact that SAIC's fuel cell vehicle forward-looking technology R&D project no longer fits the environment and trend of accelerated development of the fuel cell industry, the company decided to terminate the above projects.
SAIC says its new zero thermal runaway battery system to go into production by year-end
SAIC Group recently said its new generation of power battery system will go into production by the end of this year, achieving zero thermal runaway, and that the technology will be used in the latest high-end models of its R brand.
China auto industry expects chip shortage to ease in H2, CICC says
CICC is bullish on the whole industry chain boom and recommends focusing on Nio and Li Auto.
Pony.ai adds driverless vehicles without safety officers to Guangzhou Robotaxi fleet
Pony.ai announced on June 22 that fully driverless vehicles have now joined the Guangzhou Robotaxi fleet, and the public will have the opportunity to see these vehicles on the streets of Nansha, Guangzhou.
TSMC said to prioritize auto chips, Apple orders
TSMC will prioritize its capacity allocation to automotive chips and Apple orders for the third quarter of this year, followed by chip orders for personal computers, servers, and networking equipment, DigiTimes said.
BYD announces new all-electric EA1 named 'Dolphin'
BYD, the Chinese new energy vehicle manufacturer backed by US billionaire Warren Buffett, announced on Tuesday that its new all-electric EA1 car is officially named "Dolphin".
A little-known A-share NEV company is up about 380% this year, here's why
Chongqing Sokon - a Chinese automaker that has never been on the radar before - saw its market capitalization top RMB 100 billion ($1.55 billion) for the first time yesterday. So far this year, it has risen about 380 percent.