Industry News

Ford to raise Mustang Mach-E prices in China on May 5

Ford Mustang Mach-E prices in China will be raised by RMB 7,000 yuan - 22,500 yuan ($3,530) on May 5.

BAIC's Arcfox brand to raise prices on some models by about $820

Arcfox originally planned to start raising prices on May 1, but the plan has been postponed to May 16.

Voyah to offer cockpit chip upgrade to existing owners ahead of Nio

Voyah will allow customers to pay to upgrade the cockpit chip in the Voyah FREE to a Qualcomm Snapdragon 8155 chip starting May 1.

China plans to end crackdown on tech giants amid economic slowdown, reports say

China plans to hold a symposium with the country's big tech companies to show them that the regulatory storm will end to support the economy, according to multiple reports.

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.
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