EV Industry

The automotive industry is one of the most disruptive industries of the next decade, and Huawei will invest strongly in self-driving software, the Chinese tech giant said Monday.

Tesla is hoping to use the Semi model to electrify the heavy truck industry, and now it may have a Chinese rival.

The Audi e-tron is expected to compete with other electric luxury brands including the BMW iX3, Mercedes-Benz EQC and Nio ES8, but in terms of price, the e-tron is the most expensive of these models.

DJI is a world-renowned innovator in the drone market. Now the company is looking to bring its innovative capabilities to China's increasingly hot smart car market.

The price range of the Hongguang Mini EV is RMB 28,800-38,800, almost one-tenth of the China-made Tesla Model 3.

Like Li Auto, the company has chosen the extended-range technology route for its first vehicle, with an initial product positioning as a hardcore off-road model similar to the Mercedes-Benz G series.

China's new energy vehicle sales in March were 226,000 units, up 238.9 percent year on year, according to data released Friday by the China Association of Automobile Manufacturers (CAAM).

China's January-March auto sales are estimated at 6.34 million units, up 72.8 percent from a year earlier.

Businesses that see the opportunity have copied Nio's BaaS model by bringing battery rental services to the sale of electric scooters.

Geely's sales of all vehicles reached 100,029 units in March, up about 37 percent from a year ago and about 30 percent from February.