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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.
Mercedes-Benz's new EQA variant goes on sale in China with lower price tag
Mercedes-Benz today announced the official launch of the EQA 260 model in China, priced at RMB 321,800 ($49,100), above the entry-level Model Y.
In Shanghai, people still more than willing to pay $14,230 to get a fuel license plate
There were 182,925 bidders for 10,300 license plates for fuel vehicles this month, a winning rate of 5.8 percent.
CSRC official says uncertainty over audit issues for Chinese firms will soon be removed
China will allow the PCAOB to conduct its review legally and reasonably, and this uncertainty is believed to be removed soon, said Fang Xinghai, vice chairman of the CSRC.
GAC Aion builds first swap station, officially becoming another new player in this field
GAC Aion says its battery swap station can replace vehicle batteries in as little as 2.5 minutes.
Covid's impact on China's auto industry expected to continue into May and result in 20-40% production loss, CPCA says
In the first two weeks of April, Chinese passenger vehicle wholesale sales averaged 24,000 units per day, down 44 percent year-on-year and down 48 percent from the average for the first two weeks of March.
China will push NEV material prices to return to rationality as soon as possible, official says
China will accelerate the development of domestic resources, crack down on hoarding and other unfair competition, and push raw material prices to return to rationality as soon as possible, the MIIT spokesman said.
Jidu sets robot car concept unveiling for June, teases dual LiDAR solution
Unlike other automakers currently using one autonomous driving solution, Jidu is developing two separate systems, pure vision and LiDAR, that serve as backups for each other.