EV Industry

The People's Daily said that at this year's Shanghai auto show, for the first time, smart electric cars are no longer just a concept, but perceptible mass-produced products.

Wholesale sales of new energy passenger vehicles stood at 184,000 units in April, down 8.7 percent from March and up 214.2 percent year-on-year.

The HiPhi X starting at RMB 570,000 for the six-seat version and up to RMB 800,000 ($124,500) for the four-seat version.

This is Luminar's first strategic partnership with an autonomous driving company in China.

Geely's sales of all cars in April were 100,331 units, down 5 percent from a year ago and up 0.3 percent from March.

With the rapid development of China's new energy vehicle market, none of the tech giants seems to want to lag behind, with the e-commerce platform JD.com becoming the latest.

Starting May 2, Apollo driverless Robotaxi officially opened for regular commercial operation, and the public can begin experiencing the world's first fully driverless cab service.

In April, China's auto industry sales were forecast at 2.173 million units, down 13.9 percent from March and up 5 percent from a year earlier, the China Association of Automobile Manufacturers said.

Small A0-class pure electric cars, including the Mini EV, are no longer eligible for free license plates issued in Shanghai, jiemian.com said Friday, citing car dealers.

China's determination to support the development of the smart car industry is unrelenting, as new policies continue to be introduced to accelerate the sector's growth.