FAW

FAW will acquire a 35.80 percent stake in ZYT, becoming its largest single shareholder, a regulatory filing shows.

Jetta plans to launch five new models in China by 2028, including four NEVs, with the first model slated for release in 2026.

Tiangong 05 sedan offers 62 kWh, 85 kWh battery pack options, with CLTC range of up to 750 km.

The Tiangong 08 is available in single-motor and dual-motor options with a CLTC range of 520 km to 730 km.

China FAW will work with Geely-backed parts supplier Ecarx to create high-end smartphones for the Hongqi brand that will bring an intelligent interactive experience to users, according to a statement.

Hongqi EH7 is the first model launched by Hongqi New Energy since it became independent in January 2023.

The Hongqi EH7 is a mid-to-large-sized sedan based on the FME platform, and is the first pure-electric sedan built by the Hongqi brand based on the platform.

FAW and Mobileye plan to start mass production of SuperVision-equipped models by the end of 2024, and vehicles with the hands-off, eyes-off Chauffeur technology are scheduled for mass production by the end of 2025.

Cambricon's first self-driving chip has been taped out and is expected to be in mass production later this year, according to local media.

In January, deliveries of the Hongqi E-HS9 began in Norway, with a starting price of NOK 619,900 ($60,500).