Industry News
Volkswagen CEO Herbert Diess: We need more cooperation and presence in China, not less!
It would be very damaging if Germany or the EU wanted to decouple from China, says Herbert Diess.
Mercedes-Benz launches EQS to China with starting price 2.4 times that of Nio ET7
Mercedes-Benz offers four versions of the EQS with retail prices of RMB 1,079,600 - RMB 1,518,600.
Kaixin Auto says it gets over $500 million in new energy truck orders
Kaixin's shares rose over 30 percent in early trading after the announcement.
BMW aims to retain its glory in EV era with 'China First' strategy
"China First" means that the local team will have enough independence to respond quickly to market changes and take Chinese customers' expectations into account at the product concept stage, BMW said.
China's Hesai to provide LiDARs for Nvidia's autonomous driving system
Hesai's LiDARs will be used in the NVIDIA DRIVE platform for tagging and training data, as well as to build 3D environment.
Uxin reports revenue of $53.7 million for past quarter, up 353% year-on-year
Uxin expects fourth quarter revenue to be RMB 480 million to RMB 500 million.
China's new rules encourage automakers to install brake energy recovery systems
Energy-efficient technologies, including brake energy recovery systems, will be included in the 2021-2023 dual-credit assessment.
Niu Technologies founder officially announces joining car-making bandwagon
Niutron's first model will be a mid-size SUV, which is scheduled for small batch trial production in March next year and will be officially launched in September next year.
China's NEV sales expected to reach 5 million units next year, CAAM official says
The official expects China's vehicle sales to reach 26.1 million units this year, up 3.1 percent year-on-year, and are expected to reach 27.5 million units next year, up 5.4 percent year-on-year.
China sees nearly 160,000 NEV-related company registrations in Jan-Nov
As of now, there are 409,000 NEV-related companies in China, with Shanghai being the city with the most, with 18,200.