EV Industry

In terms of auto production, the improvement in chip supply should be evident in August, the CPCA said, adding that the chip problem should be largely resolved by September as more capacity is released.

The rapid growth of the new energy vehicle industry has put China on the edge of a new technological revolution. What does this mean for investors? What trends are coming?

Chip shortage is a key factor limiting the capacity of global car companies, but the situation is not far from improving.

Teld was priced at RMB 14.6 yuan per share, valuing the company at approximately RMB 13.6 billion after the investment.

In an effort to boost local car consumption southern China's Guangdong province has launched a new incentive.

Automated parking, an important feature of smart cars, is important to every electric vehicle (EV) company. The EV company owned by China's largest real estate developer Evergrande Group has become the latest car company to release such a system.

Sales of electric vehicles (EV) are rising as public acceptance continues to grow. Yet for US producers, they appear to be slow to act.

Charging spaces being taken up by fuel vehicles is a problem that bothers many EV owners. With a new regulation coming into effect in Beijing, this problem is expected to be alleviated in the city.

Zhejiang-based automotive giant Geely recently disclosed a new patent that enables wireless charging of vehicles.

While attention is focused on China's fast-growing new energy vehicle industry, an unnoticed phenomenon is providing a new boost to the industry's growth - international oil prices have reached a nearly three-year high level.