Industry News
EV fire puts Tesla, Nio, BYD in spotlight, even though none of them really relevant
Electric vehicle fire near a BYD store and Nio's battery swap station caused a Model Y to burn.
HiPhi, highest-priced Chinese EV brand, sells 919 vehicles in Dec
Cumulative deliveries of HiPhi X, HiPhi's first model, totaled 4,237 units since deliveries began in mid-May of last year.
BMW sells over 48,000 NEVs in China in 2021
Nio's deliveries of 91,429 vehicles in 2021 are about 90 percent higher than BMW's NEV sales in China.
China's NEV fleet reaches 7.84 million, 81.6% BEVs
This represents only 2.6 percent of China's total vehicle fleet, implying huge room for growth.
Evergrande sees first production vehicle of Hengchi 5 roll off line
Evergrande NEV announced that the first production vehicle of its first model, the Hengchi 5, has rolled off the production line today, 12 days ahead of schedule.
China ranks first in global NEV sales for seven consecutive years
China also saw important progress in vehicle intelligence last year, with sales of passenger cars equipped with assisted driving systems accounting for 20 percent of all new vehicle sales.
China sells 531,000 NEVs in Dec, up 114% year-on-year, CAAM data show
In 2021, China's NEV sales were 3.521 million units, up 157.5 percent year-on-year.
Chinese EV startup Niutron unveils design and core specs for its first model
The model will be in small pilot production in March and officially launched in September.
Didi reportedly has started discussions with HKEx on listing
Holders of Didi's US shares will be able to swap their Hong Kong shares on a 1:1 basis, the Financial Times quoted a big Didi investor as saying.
Polestar says it meets target with 29,000 vehicles sold in 2021
Polestar China achieved 471 percent year-on-year growth in 2021, increasing its retail network from 15 to 20 in the country.