Industry News
China, US in talks over on-site audit inspections, report says
The Chinese government is discussing with US regulators the logistics of allowing on-site audit inspections of Chinese companies listed in New York, according to Bloomberg.
Chinese firm Desay SV unveils vehicle computing platform with total power of over 2,000 TOPS
The computing platform is equipped with mainstream computing chips and integrates core functional domains including smart cabin, smart driving, and internet-connected services.
Voyah's Dream MPV sees first production vehicle roll off line, official launch set for May 7
The Voyah Dream MPV offers intelligent electric four-wheel drive and accelerates from 0 to 100 km/h in as fast as 5.9 seconds.
Volkswagen's software division CARIAD forms China subsidiary, its first outside Europe
CARIAD's China team currently employs more than 600 people, a number that will double by the end of 2023.
Guangdong introduces new measures to encourage consumption, including NEVs
On top of state subsidies, Guangdong will offer additional subsidies to consumers who purchase NEVs.
Smart #1 launched in China, gets over 10,000 pre-orders in 24 hours
The Smart #1 is the first production model launched after the electrification transformation of the Smart brand, with a pre-sale price range of RMB 190,000 ($29,000) - 230,000 after subsidies.
Honda's first EV model in China, e:NS1, goes on sale with prices starting at about $26,700
The e:NS1 is the start of Honda's increased efforts in China's fast-growing EV market, as Japanese automakers generally lag behind in that wave.
L2 assisted driving systems reach 35% penetration in China's NEV market in Q1, IDC says
This is much higher than the 19.9 percent of the ICE vehicle market.
NEVs account for 47% of car sales in Shanghai in Q1
Even though the price of NEVs generally rose by RMB 5,000 to RMB 10,000, they still accounted for nearly half of sales in the first quarter, according to the CPCA.
China drafting action plan to promote charging facilities along public roads
China's Ministry of Transport has drafted the plan and is seeking comments from different regions.
