Industry News
JAC will equip some of its models with chips from Nio Capital's portfolio firm Black Sesame
JAC and Black Sesame will build an intelligent driving platform based on the latter's HuaShan-2 A1000 autonomous driving computing chip for the Sehol family of vehicles.
Chinese electric sports car maker Qiantu's second model, K20, will soon start pre-sale
The Qiantu K20 weighs as little as 780 kilograms and can accelerate from 0 to 100 kilometers per hour in 4.7 seconds.
Shenzhen issues measures to boost consumption, including NEVs
Shenzhen will increase the availability of quotas for regular cars and provide subsidies to consumers who buy NEVs.
Further Reading: Why is Mobileye losing in China?
Mobileye has a business model that doesn't fit today's Chinese market, this article says.
Jidu's robot car completes design, enters production preparation stage
To make the futuristic design ready for mass production, Jidu's engineering team solved a number of technical challenges for the molding process, its CEO said.
China's passenger car retail sales expected to fall 19% year-on-year in May, CPCA says
Although some companies in Shanghai and surrounding cities are starting to resume production, it will be difficult to return to normal levels by the end of May, the CPCA said.
EVs in China cost only 10% more than conventional offerings, IEA says
By comparison, in other major markets, the median price of EVs is 45 percent to 50 percent higher than conventional products.
Audi Q4 e-tron starts pre-sale in China, prices start from about $44,940
In addition to the pre-sale of the regular versions, Audi announced the official launch of the pioneer version of the Q4 e-tron, but limited to 520 units.
EV stocks rise in Hong Kong after China cuts interest rate
China's central bank today cut its benchmark LPR rate for 5-year and above by 15 basis points to 4.45 percent.
SAIC's Rising Auto to use Huawei's head-up display system in its R7 SUV
The AR-HUD system offers a 13°*5° field of view, the world's largest, to create a flat-screen AV experience while parked 7.5 meters in front of the driver.