Industry News
China-made Ford Mustang Mach-E sees first production vehicles roll off line
Ford China announced that official reservations for the Mustang Mach-E are available immediately, with deliveries expected by the end of the year.
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Chinese official says auto chip shortage expected to ease in Q4 compared to Q3
A spokesman for the MIIT said the Chinese auto industry is still significantly affected by the chip shortage, but the situation is expected to ease.
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Baidu Apollo launches two new vehicles based on WM Motor's W6 to expedite its self-driving technology commercialization
They are both based on the WM Motor W6 to accelerate the adoption of Baidu's autonomous driving technology.
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Foxconn unveils three EVs called Model C, Model E, and Model T
They are built by Foxtron, a joint venture between Foxconn and Taiwanese car company Yulon Motor.
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WM Motor to unveil first sedan M7 on Oct 22, releases first teaser image
WM Motor's first sedan, the M7, will be unveiled on Friday, and will reportedly come with three LiDARs.
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Darkest days of auto chip shortage are over, says CPCA secretary-general
Automotive chip supply will to improve, and Chinese auto production and sales will continue to strengthen in the coming months, said Cui Dongshu.
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Evergrande reportedly in talks to sell its Swedish EV unit
NEVS is in talks with US and European venture capital firms and industrial partners to find a new owner and could be valued at as much as $1 billion.
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Faraday Future says Hanford plant production equipment installation completed, further pushing back against short-selling attack
Faraday Future was up more than 4 percent in pre-market trading after releasing the update.
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Analysts say worst moment of auto chip shortage in China has passed
The performance of China's auto wholesale sales improved significantly in late September in terms of average daily sales.
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WM Motor leaning toward overseas IPO, CFO says
Investments from funds owned by the Li Ka-shing and Stanley Ho families show that they are bullish on WM Motor, the company's CFO said.
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