Industry News
China auto association expects chip shortage may last until January next year
The CAAM said that the tight supply of components, including chips, will continue to affect the production pace of car companies, which are expected to be affected more in the seco
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SAIC to follow NIO in launching 'battery bank'
SAIC will soon launch a "battery bank" to support the body-battery separation model, with a unified battery pack to be introduced by the end of this year or early next year.
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China's state media says smart EV industry seeing explosive growth
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.
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Polestar to use blockchain technology to trace origin of raw materials
Polestar entered into a strategic partnership with blockchain technology company Circulor on May 11, aiming to use blockchain technology to trace the origin of raw materials.
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China's new energy passenger vehicle sales stand at 163,000 units in April，down 12% from March
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.
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Chinese EV model priced at up to $124,500 starts deliveries
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.
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Pony.ai launches all-in-one autonomous driving system with Luminar LiDAR
This is Luminar's first strategic partnership with an autonomous driving company in China.
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JD.com, Enovate Motors sign deal to jointly build customized vehicles
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.
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Baidu Apollo names new exec to accelerate commercialization of driverless cabs
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.
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China's April auto sales forecast at 2.17 million units, down 13.9% from March
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 M
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