Industry News
Didi reportedly could announce car-making plans in June
Didi's first model could be priced at around 150,000 yuan ($23,582) and aim for delivery in June next year, according to local media.
Hong Kong stocks suffer panic sell-off, what happened?
By the close of trading, Nio was down 14.14 percent in Hong Kong, Xpeng was down 22.2 percent, and Li Auto was down 19.6 percent. The Hang Seng Tech Index plunged 11.03 percent, the biggest one-day drop.
Voyah's MPV to be officially launched on April 7
Like the brand's first model, the Voyah FREE SUV, the Dream MPV will be available in an all-electric version as well as a version with extended-range technology.
Evergrande's first EV model gets regulatory approval to go on sale
Shares of Evergrande NEV Group traded in Hong Kong have pulled back about 96 percent from their all-time high at the end of February last year.
Chinese EV startup Niutron to launch its first model on March 31
Niutron is currently gearing up for the model's launch and has opened a flash store in Beijing with a show car in the store.
Premium Chinese EV brand HiPhi sells 355 units in Feb, down 35% from Jan
That was higher than the 214 units of the Mercedes-Benz EQC, 83 units of the Audi e-tron and 48 units of the BMW iX.
China, US expected to reach consensus on audit regulatory cooperation soon, report says
The dialogue and consultation between Chinese and US regulators on regulatory cooperation on auditing are progressing well, and both sides have demonstrated their sincerity in being willing to solve problems, local media said.
China sells 334,000 NEVs in Feb, up 184% year-on-year, CAAM data show
February sales of pure electric passenger cars were 246,000 units, up 154.5 percent year-on-year, while sales of plug-in hybrids were 75,000 units, up 338.6 percent year-on-year.
Baidu invests in Xpeng-backed LiDAR maker Zvision
Xpeng is Zvision's sixth-largest shareholder with a 5.77356 percent stake. Baidu is the ninth-largest shareholder with a 5.00001 percent stake.
GAC Aion begins construction of pilot battery production line
The project, which includes the entire production process from paste preparation to the battery pack, is expected to be completed by the end of this year.