EV Industry

Aiways currently offers models including the U5, U6 and U7 ion, with the U6 featuring a high energy density CTP battery with a range of 650km.

Aiways announced Friday that its first battery swap station and Aiways U5 battery swap-enabled model are in trial operation.

The global chip shortage has opened up opportunities for Chinese companies, as more and more local companies are stepping up their chip investments.

BP's announcement comes just a day after another oil giant, Sinopec Group, announced the completion of China's first "carbon-neutral" gas station.

Baidu Apollo and Hesai Photonics Technology signed a strategic cooperation deal, under which the latter will customize LiDAR for Apollo's fifth-generation sharing Robotaxi.

Norway, with a land area of less than 400,000 square kilometers, is becoming a new battleground for Chinese EV companies.

China continues to provide policy support for the new energy vehicle industry, as a new document aimed at boosting the construction of charging and battery swap infrastructure was drafted.

China will start a nationwide pilot program for the application of the battery swap model in the second half of the year, with cities being asked to complete work plans by the end of May.

Unlike technology companies including Xiaomi, Baidu and Qihoo 360, Midea particularly emphasized that it is not directly involved in building cars, but focuses on providing components for car companies.

CICC believes that the practice of charging for self-driving features may not be sustainable in the long run, and that car companies need to move to a "channel fee" profit model.