EV Industry

Chinese auto giant Geely has signed an agreement with clean energy service provider GCL Energy Technology Co to cooperate in the commercial vehicle market using the battery swap model.

The number of newly registered new energy vehicles in the first half of the year was a record high of 1.103 million, an increase of 774,000 units or 234.92 percent compared with the same period last year.

Geely's all vehicle sales totaled 100,163 units in June, down about 9 percent from a year ago and up about 4 percent from May.

Horizon Robotics has received SGS-TÜV ISO 26262 ASIL-B Ready functional safety product certification for its Journey 5 chip with up to 128 tera operations per second (TOPS) of AI computing power, paving the way for mass production.

What traditional car companies hate about themselves is that they seem to understand why the new car makers are winning, but they just can't do it right.

WM Motor has not announced any single month sales so far this year, in contrast to its peers including Nio.

It is worth noting that the electric car companies that have now announced their June sales are all performing strongly.

China successfully achieved a dry-thermal-rock test power generation in the Matouying, Tangshan, Hebei dry-thermal-rock exploration area, the latest development in the country's clean-energy development.

Nio CEO William Li was recently quoted by Securities Daily as saying that the real competition in the smart electric vehicle industry has not yet begun, and there is still a need to raise enough capital to lay the groundwork for future competition.

Nio announced on Saturday that Hefei, Suzhou and Xi'an have been nominated by the Nio Day 2021 organizing committee as candidates to host the event.