EV Industry

Chinese automaker SAIC Motor's Wuling Hongguang Mini EV was the top-selling new energy passenger car in the world in April this year with 29,251 units sold, according to EV Sales Blog.

Apple requires potential battery suppliers to have a production base in the US, the report said, adding that CATL is reluctant to build a plant in the US because of tensions between China and the US.

Rumors began to emerge in late April that Chinese smartphone giant OPPO would jump on the car-making bandwagon, and now the company's actions seem to be confirming those reports.

Geely's new energy vehicle sales in May totaled 6,284 units, up 3 percent year-on-year, according to figures released by the Chinese automotive giant on June 7.

As more consumers turn to electric vehicles, the number of fires associated with them is growing in tandem.

Evergrande Auto began winter testing of the first mass-produced vehicle, Hengchi 1, in the cold environment of Inner Mongolia on Feb. 3 this year.

The brand will be user-led and user-operated, with user consensus defining the brand culture, and even the brand name "G Family" comes from the contributions of users.

Horizon Robotics is currently working with advisers to prepare for a share sale and a listing could happen as early as the end of the year.

Passenger car sales rose 6 percent in May from a year earlier, while commercial vehicle sales fell 8.8 percent from a year earlier.

This is one of the first investments made by a Xiaomi-backed fund in the smart vehicle industry chain since the smartphone giant officially announced its entry into the car-making field on March 30.