China industry association releases auto blockchain platform
At a time when smart cars are rapidly evolving, the trustworthiness of vehicle data has become a concern. To address this issue, the blockchain technology behind Bitcoin has come into play.
Tesla ruled to compensate owner for sales fraud in China
Tesla was previously sued by an owner for alleged sales fraud, and now the final verdict shows that Tesla is required to return the purchase price of the car to the owner for RMB 778,200 ($120,304) and pay the same amount of compensation.
Xpeng establishes new company, 13th this year
These moves come as the company increases its presence in China. This year alone, Xpeng has set up 13 new companies in China, mostly car sales companies.
Local Chinese firms can meet less than 5% of auto chip demand
With the rapid development of smart cars in China, the dependence of chip supply on overseas markets has become a focus of attention.
Arcfox α-S with 'Huawei Inside' aims to deliver 1,000 units this year
Arcfox, the electric car brand of Chinese automaker BAIC Group, is aiming to deliver 1,000 units of Arcfox α-S with 'Huawei Inside' this year, but said it is challenging.
China expected to scrap nearly 800,000 tons of power batteries by 2025, quadruple that of 2020
The general theoretical life of new energy vehicle power battery can reach 8 years, corresponding to a mileage of 100,000 km, but in the actual use process, usually only 4-6 years of life.
Geely's EV brand Zeekr reportedly plans to deliver 10,000 units of Zeekr 001 within this year
Zeekr plans to deliver 10,000 Zeekr 001 units within the year, with monthly sales expected to exceed 10,000 units next year, according to local media.
Tesla Model Y insurance registrations in China up 131% in May from April
Tesla's sales in China plunged in April from March, but the numbers have rebounded sharply in May as production capacity has recovered.
Chinese city Jinan to reward local NEV firms with 1 million yuan for each new model released
Perhaps seeing the huge success of central China's Hefei city in its investment in Nio, another Chinese city is upping the ante on the new energy vehicle industry.
Chinese LiDAR startup Zvision secures Intel investment
Zvision is currently valued at around RMB 1 billion ($155 million), Chedongxi.com said, citing sources familiar with the matter.